Spanish firm to control Sangster International Airport
Spain's big construction company, Actividades de Construc-tion y Servicios (ACS), is moving to take a majority stake in the consortium that manages Montego Bay's Sangster airport, an acquisition that will effectively give it control...
Jamaica Producers' (JP) to expand juice business ... To finance from $2.7b paid by Dole for UK Fruit
Jamaica Producers' (JP) decision to accept Dole Food Company's buy-out offer for its banana ripening and fruit distribution business in the United Kingdom for $2.76 billion will allow the local company to expand its juice and smoothie business...
Norway debt write-off a $190m saving for Jamaica
Norway's decision to write off debt incurred by five developing countries under a two-decade-old ship export credit facility, will reduce Jamaica's overall debt, which totalled $873 billion at the end of June, by just under $200 million.
Consumer confidence falls with gloomy job prospects
Consumers remained up-beat about current economic conditions during the three months to September 2006 but the consumer confidence index still fell from its all-time peak in June...
NCB negotiating partnership with MoneyGram to tap remittance market
National Commercial Bank (NCB) is in talks with global payment service company MoneyGram in a bid to capture a portion of the near US$1.7 billion in remittances that flow to Jamaica annually.
Broilers to enter power purchase deal with Jamaica Public Service (JPS)
Jamaica Broilers Group is awaiting the completion of negotiations with the Office of Utilities Regulations (OUR) to press ahead with a power purchase agreement with Jamaica Public Service (JPS)
CFC Construction disputing US$8m debt to JRF Inc
CFC Construction Engineers Limited is fighting claims by Jamaica Redevelopment Foundation Inc., (JRF) that it owes the debt collector US$8 million ($528 million), and has taken the American company to court to bar it from selling off its assets.
Seprod finalises Belvedere deal - Acquisition doubles milk capacity
Seprod has completed a US$2 million ($132 million) acquisition of the 2,300-acre Belvedere Farm in St. Thomas, effectively increasing its dairy division's capacity for milk production to 10 million litres per year.
Oversupply triggers price crash on Britain's gas market
LONDON, United Kingdom (Reuters): Britain on Tuesday was left with more gas than it knew what to do with as extra supplies pumped through a new pipeline from Norway flooded Europe's biggest market and wholesale prices fell below zero.
Jamaica's global competitive position improves
Jamaica has moved up three places in the global competitiveness ranking, but is still about halfway down the list at position 60 of the 125 countries assessed by the World Economic Forum, an independent agency ...
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