Information highway revolution to hit Jamaica
RICHARD PARDY is planning to rock your world. The chief executive officer of FibraLink Jamaica come to the island only one year and one month ago, and was going to complete a U.S. $45 million local segment of a massive trans-Caribbean...
What has changed since Portia's victory?
THE INTERNATIONAL environment of ample global liquidity has allowed Caribbean countries like Jamaica to restructure their debt, refunding at lower interest rates, and reducing the financial impact of hurricanes and high oil prices below what.
New limit on the carry forward of tax losses a retrograde step
A MINISTRY Paper which accompanied the Minister of Finance's 2005 Budget Presentation indicated that, with effect from 1 January 2006, businesses would only be able to carry forward tax losses for five years, rather than indefinitely...
Spain tops Jamaican investing - ambassador
SPAIN WILL be the number one investor in Jamaica in 2006, said Ambassador of Spain, Jesus Silva. The Ambassador made reference to the Spanish hotel chain, Riu which has already invested approximately US$250 million...
Real estate takes centre stage
IN THE current investment climate, two things are clear. One is that investors are somewhat nervous and are parking their money in 'safe' assets such as foreign currency repurchase agreements.
New Jamalco boss named
ALBERTO FABRINI has been promoted to the post of managing director for Jamalco, replacing Jerome Maxwell who was promoted to president for Caribbean & Africa, Alcoa Global Primary Products, in September last year.
GraceKennedy faces challenging year
GRACEKENNEDY expects profit growth to range between five per cent and 15 per cent for the year to 2006, which at the current P/E ratio, suggests that shares in GK could be challenged to sustain a share price above $80.3 for the period...
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