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Jamaica Gleaner Business
published: Sunday | August 20, 2006

900 housing units, lots for Rose Hall
Local developer, Gore Development Limited, plans to break ground on a multimillion-dollar housing development in Rose Hall, St. James, next month, to add more than 900 houses and serviced lots to the market over three years.

No takers for net billing licences - renewable energy providers say price a turn-off

There have been no takers for licences on offer to individuals to sell electricity to the national grid, a month after the Office of Utilities Regulation (OUR) published guidelines for net billing.


Barita tightens internal controls after $1.6m fraud

A $1.6-million fraud uncovered at Barita Unit Trust Management Company Limited did not affect client accounts, the investment firm said, moving to avert fall-out from the news.


Moody's warns Jamaica's finances weak

Moody's, a leading international ratings agency, has reconfirmed Jamaica's B1 rating, which in its classification is four notches below investment grade of Baa3, but warned that the country's finances were weak.


Havana Club rum subject of lawsuit

Barely a week after a Bacardi rum based on a famed Cuban recipe began arriving in stores, a rival company selling a spirit by the same name has sued to try to pull it from shelves.




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