Restructuring under way at Super Plus
WAYNE CHEN, chairman and chief executive officer of Super Plus Food Stores, says his company is consolidating its operations as a first step towards becoming a listed entity on the Jamaica Stock Exchange (JSE).
A new beginning or continuation of the old budgeting?
THE FISCAL Budget for 2006/07 has been tabled and of great interest will be how the Minister of Finance proposes to fund this $346.2 billion budget, given the over-optimistic revenue projections in last year's budget numbers.
Technology opens film industry
"JAMAICA'S FILM industry is emerging into a very viable business which is set to roll in millions of dollars into the local economy in just a few short years," says chief executive officer of Creative Production and Training Centre (CPTC)...
Bank of Jamaica (BOJ) pulls long-term repos
The Bank of Jamaica on Tuesday issued a notice that it would stop offering its 270 and 360-day reverse repurchase agreements (repo). Repos are monetary policy tools used by the Bank of Jamaica.
Economic activities and developments... this week in our past
AGRICULTURE GRANT: April 22, 1955: Dr. Doris Buchanan of May Pen, Clarendon, donated two lots of land to the Jamaica Agricultural Society to expand its Denbigh Show grounds between May Pen and Four Paths, in memory of her late father, W.L.C. Buchanan...
OLINT, LEWFAM and the Jamaican economy
THE EDITOR, Sir: RECENTLY, THERE has been a revolution in the local investment scene, with the popularisation of an unprecedented opportunity for ordinary Jamaicans to participate in the international FX trading market through OLINT Corp Ltd and LEWFAM...
Tax environment aggressive and hostile - Norton-Coke
IN RECENT times risk management has gained growing prominence as a vital business discipline, and the matter of taxation and the related risks to the particular tax environment are seldom highlighted. This is due to the sensational collapse...
More companies being formed
THE COMPANIES Office of Jamaica (COJ), formerly the Office of the Registrar of Companies (ORC), has reported a steady trend in the number of companies incorporated over the last five years. Reports indicate that 1,355 companies were formed in 2002...
Mayberry's future is equity-linked
THE YEAR 2005 was particularly challenging for Mayberry Investments as profits collapsed from the $378 million booked in 2004. Profits surfaced at $88 million for the year ended December 2005 as the downturn in the local stock market...
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