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Jamaica Gleaner Business
published: Friday | January 27, 2006

Chin taking Lasco public
LASCELLES CHIN, chairman of the Lasco Group of Companies says that within the next 18 months, his company will be listing on the Jamaica Stock Exchange. The group consists of Lasco Foods Limited, Lasco Distributors Limited, Lasco Foods...

Neville Blythe to diversify holdings
NEVILLE BLYTHE has big plans to develop the Morgan's Harbour Hotel into a premier tourist destination. The 45-room seaside resort hotel in Kingston was acquired last year by a consortium led by Mr. Blythe.


Churches Credit Union records positive 2005
CHURCHES COOPERATIVE Credit Union has entered its 35th anniversary having achieved what general manager Basil Naar says are its 'ambitious' targets in respect of loans and savings.


Aubyn Hill defines a bad privatisation
NATIONAL INVESTMENT Bank of Jamaica chairman Aubyn Hill says government faces moral hazard when it is felt that it will not allow an entity to fail or be closed. Wholly-owned by the Government of Jamaica, the NIBJ aims to foster national economic growth.


Economic developments and activities ... this coming week in our past
BANKING: January 27, 1969: James Furness, general manager of the Jamaica Citizens Bank announced that the Bank had decided to offer loans to persons who wished to purchase paintings by Jamaican artists at a price to be fixed by a recognised art gallery...


Jamaica's low level of domestic investment - PM vs Golding
PRIME MINISTER P.J. Patterson says that while his Government had been able to secure significant foreign investment in tourism, infrastructure and the bauxite and aluminium sectors over the last few years...


Jamaica Stock Exchange (JSE) indices record first weekly gain for the year
ALL THREE indices closed higher at the end of trading last Friday, making it the first weekly gain since the start of 2006. This came against news of S&P's 'B' rating on Jamaica's long-and short-term sovereign debt, 0.1% inflation in December...


UN: Coral reefs cheaper to protect than neglect
OSLO (Reuters): COSTS OF safeguarding the world's fast-disappearing coral reefs and mangroves are small compared to the benefits they provide from tourism to fisheries, the U.N. Environment Programme (UNEP) said on Tuesday.


No repeat of Finsac - Davies
DR. OMAR Davies says there will be no 'Finsac Two' in Jamaica as the country is much more capable of dealing with such situations now. He was discussing the fallout in the financial sector at the launch of FirstCaribbean's International...















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