H&L CEO clarifies Kingfish statement
HARDWARE AND Lumber's chief executive officer, Anthony Holness, has clarified a statement made at the company's annual general meeting on June 12, 2006 that the success of Operation Kingfish was one of the contributing factors to the fall in the revenues.

Sugar divestment by July
CABINET IS expected to finalise the privatisation of the island's six sugar estates when it gets the name of the entity that has been recommended to take possession of the Sugar Company of Jamaica (SCJ) assets come July.

Private sector ignoring trade negotiations
A SENIOR Jamaican trade official has complained of a general lack of public interest - even sometimes in the private sector - in the country's trade negotiations while there are often claims of the inability of the public to have input...

Gary Allen moves up at RJR
GARY ALLEN has been promoted to the post of Deputy Managing Director of the RJR Communications Group with immediate effect. With revenues of $1.1 billion for the year ended March 31, 2005, the RJR mass communications giant operates commercial radio...

Trinidad conquers building off-shore platforms
Port-of-Spain, Trinidad: CONSTRUCTION OF off-shore platforms is set to become big business in Trinidad and Tobago. Companies such as Damus Limited and the Trinidad Offshore Fabricators (TOFCO), a joint venture between Chet Morrison Contractors...

Jamaican bonds slump in emerging markets fallout
A WALL Street-driven-sell off has affected the prices of all emerging market debt, including even Jamaica's international Eurobonds. These were until recently trading at all time highs, as the vast majority of emerging markets benefited...

No mortgage sale - NHT
EARL SAMUELS, the managing director of the National Housing Trust, yesterday dismissed rumours that the Trust is attempting to flog a chunk of its $49 billion mortgage portfolio. " I heard about it for the first time yesterday (Wednesday)," Samuels told.