Bill Clarke withdraws... Zacca now unopposed for PSOJ presidency... Banker likely to remain on executive
William 'Bill' Clarke has withdrawn his candidacy for Private Sector Organisation of Jamaica (PSOJ) president, saying the vote Tuesday at the trade association's annual general meeting rejecting his reform proposals was tantamount...
Courts Jamaica buyer secures more than 90% of shares
Regal Forest Hold-ings, the Latin Ameri-can firm that is purchasing Courts Jam-aica, on Tuesday locked up the remaining eight per cent of shares it needed to initiate proceedings to grab up all the shares, should the remaining shareholders...
Unit trusts regain value as stock market revives
Equity-based unit trust funds have made tremendous gains since mid-August, the turnaround point for the stock market for some analysts, when the unit prices for the five funds bottomed out.
New PIOJ property boosts its... Agency paying rent of $21m
From $11 million in 2004, the Planning Institute of Jamaica's (PIOJ) fixed assets have climbed to $258.7 million, reflecting its $253 million acquisition of new office space on Oxford Road in New Kingston.
Developers investing US$100m in hotels to be operated by Issa
Developers of the two hotels to be run by Super-Clubs in Panama and Brazil are investing US$100 million in the properties, according to Jennifer Friedel of Spring O'Brien and Company, publicists for the Jamaican resort...
Deposit insurance fund grows by 33% - 96 per cent of accounts fully covered
Government's back-up fund for bank savers grew by 35 per cent to $2.415 billion in 2005, according to documents tabled in Parlia-ment this week. The funds represent 1.8 per cent of deposits in the financial system, said Finance Minister Dr. Omar Davies.
Applying 'services science' to doing business in Jamaica
Irving Wladawsky-Berger is IBM's vice-president for technical strategy and innovation. He is also a visiting professor at the Massachusetts Institute of Technology, where his activities, in part, centre on assisting students prepare...
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