Faulty cement compensation tops quarter billion dollars... Company absorbs payouts in price hike
Customers claimed an additional $100 million in compensation from Caribbean Cement Company in the September quarter, pushing overall demand for damages so far for being sold a poor quality product to $260 million, the latest figures from the company...
PSOJ candidates ramp up presidential campaigns
Overthrowing the traditions of the body, Chris Zacca and Bill Clarke have stepped up their open campaign for the leadership of the Private Sector Organisation of Jamaica (PSOJ), aggressively selling...
Jamaica to decide on liquefied vs compressed natural gas technology... Ray Chang willing to supply CNG - Source
Jamaican officials say that the need to protect the adequacy of domestic electricity supplies, as much as the requirements of the proposed expansion of the Jamalco alumina refinery, is placing pressure on them to decide on a natural system...
Pegasus net profits up 26%
Even though its occupancy level, estimated at 55-60 per cent, lags behind its major competitors, Pegasus Hotels of Jamaica Limited is reporting a healthy 26 per cent increase in its half-yearly net profit, which management is attributing...
Bev Lopez named to JPS board
Outgoing president of the Private Sector Organisation of Jamaica (PSOJ), Beverley Lopez, was this week named to the board of Jamaica Public Service Company (JPS), making her the second local to be appointed to the the board...
Closing stock market indices
LONDON, United Kingdom (Reuters): Here is how major stock markets outside the United States ended on Tuesday. Britain's FTSE 100 index set its highest closing level since February 2001 as a wave of optimism about the global economy
Jamaican architect, design awarded
A Jamaican firm was among several recognised for excellence in the inaugural Caribbean Building Awards (CBA) for its design of a new archives building for the University of the West Indies (UWI), Mona campus.
Lenders dish out billions without income checks
LONDON, United Kingdom (Reuters): United Kingdom lenders have dished out billions of pounds worth of loans in the past six months without checking whether consumers could afford to repay them, figures showed yesterday.
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