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Stabroek News


Jamaica Gleaner Business
published: Friday | November 3, 2006

PCJ buys Ecuadorean oil for Trafigura Beheer
The Petroleum Corp-oration of Jamaica's arrange-ment with Trafigura Beheer ran deeper than Nigeria, it emerged this week from within the state agency, which said Tuesday that it also buys oil from Ecuador on behalf of the Dutch trader.

Jamaica mulls 10% stake in T&T smelter - Deal linked to LNG pact

Jamaica could take approximately 10 per cent of the 125,000 tonnes a year Alutrint aluminium smelter being planned by the Trinidad and Tobago government. But, officials here say that Kingston would like the deal to be part of a broader package...


Courts expanding in Montego Bay

Furniture and appliance retailer, Courts Jamaica Limited, is banking on the opening of its 28th store in Bogue, Montego Bay, St James to refuel the company's static financial performance and improve shareholder value.


Lascelles enters beer market - Partners with Big City Brewing

After an impressive nine months performance ending June 30, in its Wines and Spirits division, Lascelles deMercado using Beverly Lopez's Big City Brewing as manufacturers, is expanding that side of its operation and has gone into the beer market.


Clarendon Lime sells out to Cemex

Clarendon Lime, the consortium that, a decade ago, wooed British com-pany Rugby into taking a majority stake in a 120,000 tonne calcined lime plant here, has sold its 39 per cent stake in the operation to Cemex...


Commerce thrives at the steps - Visa demand sparks spin-offs in Internet hook-up, printing, photos, and 'safety deposit' services

Oliver Clarke held up his passport impishly to show the photograph on his recently renewed non-immigrant United States visa. It had been taken by one of the photographers who hustles for business outside the consular offices of the United States..


Cash Plus boss reticent about company... Not registered to trade, says FSC... Cambio licence cancelled, says BoJ

Despite his three-page advertisement revealing the nature of Cash Plus Limited's operations, principal owner Carlos Hill was surprisingly reticent about the company he launched four years ago.


Brazil boosts trade with Jamaica - Cellphones top the list

Brazil's trade with Jamaica last year totalled US$155.8 million and its resident diplomat is projecting a 22 per cent increase in exports from that country in 2006. "This year exports are targeted to reach US$190 million"...


PCY changes name to Stocks and Securities Ltd

Paul Chen Young & Company (PCY), the security firm formed more than two decades ago by former owner, Dr. Paul Chen Young, has changed its name in what current owner, Hugh Croskery, says is a move to rebrand and give the company 'a fresh start'.


Inefficient power generation fuelling Jamaica's oil bill - Latibeaudiere

Jamaica is paying a heavy price for inefficient power providers whose aging generators and equipment guzzle 40 per cent more oil than they would if their systems were using upgraded technology, according to Bank of Jamaica (BoJ)...




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