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Jamaica Gleaner Business
published: Wednesday | June 7, 2006

Flow gets Sauce - Lee Chin strengthens hold in media
MICHAEL LEE Chin deepened his grip on the electronic media this week with the acquisition of the Jamaican cable TV provider, Sauce Communica-tions Network, by Columbus Communications, the parent company of Flow Communica-tions, the broadband network...

Latibeaudiere set for third term
BANK OF Jamaica (BOJ) governor, Derick Latibeaudiere, is set to be re-appointed for a third term in the job when his current contract expires at the end of July, senior administration officials suggested yesterday.


April fiscal numbers are encouraging
THE CENTRAL Govern-ment's budget deficit for April of just over $1,201 million was $441 million better than the projected budget deficit for the first month of the new fiscal year of approximately $1,642 million, due to a combination...


Lascelles appoints external directors
MAJOR CONGLOMERATE Lascelles deMercado has boosted the size of its board by the recent addition of three external directors - Marlene Sutherland, Richard Powell and Michael Fraser. On Monday the chairman of Lascelles, William McConnell, told...


GE Capital puts Antilles in receivership
THE UNITED States finance company, General Electric Capital, has placed in receivership the Jamaican fertiliser manufacturer, Antilles Chemical Company, hoping to recoup millions of dollars it loaned to Antilles' parent, Steel Partners...


Sancia Templer takes over at JAMPRO
SANCIA TEMPLER, who joined the government's trade and invest-ment agency, JAMPRO in April as a deputy to former president Pat Francis, has been appointed head of the organisation and is likely to get the job permanently, Wednesday Business sources say...


Private Montego Bay jet centre by Christmas
PRIVATE JET visitors to the north coast will have an exclusive new way to get to Jamaica with the start of the development of the IAM Jet Centre in Montego Bay. The centre will be operated by International Aircraft Management...


The best 'invention' since sliced bread?
Question: Some insurance companies are now offering roadside assistance services as 'add-ons' to their motor policies. What do you think about these extras? Which company offers the best package of benefits? - T.N., Kingston 5.


Wasteful advertisements
ONE OF the business phenomena that struck me as unusual on my return home after working for decades overseas was - and is - the quantum of what I call gratuitous advertising that is done by decision makers in government agencies and private...




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