Jamalco US$1.6b project threatened - Coal may substitute for LNG
Trinidad and Tobago's announcement that it will have no natural gas to sell Jamaica in the near future will definitely delay the proposed US$1.6 billion expansion of the Jamalco alumina refinery here and could even derail the project entirely...
Record US$53.4m bonus - Goldman Sachs CEO rewarded for historic profits
NEW YORK, United States (AP): John Mack's record for the biggest bonus ever paid to a Wall Street CEO didn't last even a week. It was smashed by the US$53.4 million (J$3.52 billion) that Goldman Sachs gave its chief executive, Lloyd Blankfein.
Highest Dyoll payout - Goes to liquidators... Krys, Lee get one third of $325m
John Lee and Kenneth Krys, joint liquidators of the now defunct Dyoll Insurance, got paid $105 million to September 30 for a year's work done on winding up the company, fees that represented just about a third of total payouts to creditors.
Jamaican dollar slide contained... Depreciates 4% to $67 against the US dollar
The Jamaican dollar (JMD) fared reasonably well against the American greenback during 2006, slipping less than four per cent in the calendar year to Wednesday, reflecting the central banks monetary policy of grandfathering...
Trade gap widens
Proportionally, export growth outstripped imports in the period January to August, but nominally, Jamaica's trade with other countries remained skewed towards purchase of foreign goods.
Finance ministry reopens tender for $2 billion health insurance scheme
The Finance Ministry on Tuesday reopened to public tender the contract for administration of the $2 billion health insurance scheme for civil servants.BThe Government Employees Administrative Services Only (GEASO) scheme...
High inflation dampens Christmas commerce in Trinidad ... But stores anticipate last-minute crowds
Trinidadians and Tobagonians appear mixed on whether to jump into the usual Christmas shopping spree or restrain themselves, given the increased cost of living. But it is a difficult choice as furniture stores are outdoing each other...
Revisiting commercial bank behaviour
Today I return to the topic commercial bank behaviour but not on the single issue of interest rate spread. Responses to my previous column declare views worthy of exposure to wider readership. Apparently some banks don't enjoy such a great image...
More Jamaicans inclined to buy local ... JMA campaign boosts Jamaica brand loyalty
The Jamaica Manufacturers Association (JMA) is claiming success with its 'Buy Jamaican' campaign, pointing to a recent market survey, which indicates that some 79 per cent of Jamaicans now say they are more inclined to buy local products...
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