Wray & Nephew makes second move on Sugar Company of Jamaica (SCJ)
Rum distiller Wray and Nephew Limited (W&N), operators of the private Appleton Estate, wants to make another grab at the state-owned sugar operation, having failed a decade ago to effect a turnaround of sugar factories it acquired...
Clarke, Bunting to chair state boards
The government has named businessman and one-time Cabinet minister Claude Clarke to succeed the controversial Dr. Vin Lawrence as chairman of the two state-owned companies that hold Jamaica's bauxite lands and market government's share of the bauxite..
Stock market heads to two-year low
Trading on the stock exchange was mixed for the first two days with losers dominating trading, as the market edged closer to two and a half year lows. The market hit 80,009 points in February 2004. All three indices declined on Monday ...
BOJ issues Bob Marley commemorative coin
Jamaica's central bank has released a commemorative coin of Bob Marley marking the 60th anniversary of the reggae icon's birth. The $50 denomination bi-metallic coin manufactured in 2005, is the second minted coin of the reggae icon.
New Line Motors shifts gear... To sell Chinese vehicles, establish new dealership
New Line Motors is to construct a new auto dealership on Constant Spring Road, St Andrew, as part of plans to scale down its used-car business and concentrate more fully on marketing Chinese-made vehicles.
NCB auctions former home of Topaz Jewellers for $37m
DESPITE attempts to dissuade its sale, National Commercial Bank last week sold 81B King Street, former home of Topaz Jewellers, at auction to a member of the Tewani family for $37 million.
Sugar 30,000 tonnes off target - Speedy divestment needed to save industry, says James
The current sugar crop has ended the year behind target, heightening fears in an already jittery sector that Jamaica won't have a sugar industry in 2009 unless 'drastic' measures are taken within three months.
Trinidad villagers face off with Alcoa over smelter plans
PORT-OF-SPAIN, Trinidad: Alcoa, the world's leading aluminium producer, is facing mounting protest from villagers in a remote part of Trinidad who are determined to block the American company from building its US$1.5 billion smelter.
Black boys in Britain begin to have self-belief
LONDON, England: James Hendrickson has been on the campus of St. Catherine's College, Oxford, for less than two days, but the 14-year-old is already determined to read for a law degree here. James was one of 35 boys attending a special event...
Hugo Chavez in multimillion-euro housing deal with Chinese
CARACAS, Venezuela (AP): Venezuela and China have signed a euro945 million (US$1.2 billion) deal to build 20,000 homes in the South American country over the next two years, the state news agency said. Venezuelan housing minister Ramon Carrizales...
Keith Russell to develop 850-acre resort in Trelawny
Amaterra Jamaica Limited, a local firm principally held by land developer Keith Russell, has a seven-year plan to build a resort community comprising 2,000 hotel rooms and 2,200 villa lots, in Trelawny.
Young still under fire
Democratic gubernatorial candidate Mark Taylor is reaching out to community leaders to apologise for remarks his campaign co-chairman Andrew Young made about Jews, Koreans and Arabs.
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