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Jamaica Gleaner Business
published: Wednesday | September 20, 2006

Jamaica Public Service (JPS) to build 150MW plant... to be fuelled by coal
Jamaica Public Service (JPS), whose net profits topped $1.4 billion, plans to build a 150 megawatt (MW) coal-fuelled power plant to cut back on the cost of generating electricity for the national grid.

Issas selling Olivier Road property ... Home of American International school
St. Andrew Hotels, a company owned by members of the Issa family, has plans to sell a 12-acre property in upscale Norbrook, St. Andrew where the American International School in Kingston (AISK) presently operates, and is asking US$1 million per acre.


Supreme Ventures expanding to Central America
Supreme Ventures Limited has secured a deal with its technology partner GTech and Guatemalan firm Supreme Gaming Limited, a first step in its thrust into the Central American market, which the local lottery and gaming company anticipates...


Mayberry owners, managers buying up company stock
Senior executives and managers of the brokerage and financial services firm Mayberry Investments Limited (MIL) bought almost 1.7 million of the company's shares in the past four months, a move which chief executive officer Gary Peart says...


Nokia setting up regional hub - Seeking deeper market penetration for its phones
Nokia, the world's largest mobile phone manufacturer, has selected Miami as the site for its new Latin American headquarters as it moves to leverage the south Florida city as its regional hub.


CDB grant for UWI consultancy company
The Caribbean Development Bank (CDB) has approved a US$150,000 grant for the University of the West Indies (UWI) to set up a consultancy firm. The consultancy is meant to 'institutionalise' the expert advice UWI provides to Caribbean governments...


FirstCaribbean International Bank (FCIB) quarterly profits climb ... Jamaican subsidiary earnings grow 60%
FirstCaribbean Interna-tional Bank (FCIB) has recorded a 27 per cent jump in its quarterly profits to July 31, pushing earnings to US$43 million (J$2.84 billion). The Barbadian bank also increased its net interest income by 21 per cent...




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