Courts Jamaica buyer bids $4.25 per share...Cobalt to delist furniture retailer
Regal Forest Holdings Limited, a company incorporated in the British Virgin Islands, has announced plans to delist furniture retailer Courts (Jamaica), once its buyout offer of $4.25 per share is consummated.
Belize seeks IDB and CDB loans to finance debt
BELMOPAN, Belize (CMC): The Belize Government is seeking a BZ$25 million (US$12.6 million) concessionary loan from the Inter-American Development Bank (IDB) to help pay down its debt. Prime Minister Said Musa told Parliament...
Red Stripe to cancel distribution deal with Wray & Nephew
Red Stripe, which boasted sales of $10 billion at the end of its financial year in June 2006, 11 per cent above last year, is taking new market entrant Lascelles Wines & Spirits (LWS) seriously...
Remittances encourage dependency over productivity - Davies
Jamaica's finance Minister Dr. Omar Davies says the multimillion-dollar flows of remittances to Jamaicans were instilling a culture of dependency over achievement, as he headed into a meeting with London bankers in the United Kingdom on the weekend.
Pan Jamaican to focus on property development in '07
Pan Jamaican Investment Trust Limited (PanJam) has recorded net profit growth of 14 per cent to $269 million for the September quarter relative to the matching period a year ago, resulting in a 23 per cent increase in earnings per share...
Jamaica on a mission to India... in search of energy, film, ICT investors
Investment promotion agency Jampro left Monday for India on a trade mission hoping to spark investor interest in alternative energy, film and communications technology. The eight-member group is to tour New Delhi...
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