2006 YEAR IN REVIEW - Bill Clarke: Personality of the year
Even if William 'Bill' Clarke, notoriously gruff and arrogant, had merely reported his company's profit for the year, he would have been assured of a high ranking among corporate newsmakers for 2006.
Favourable macroeconomic environment fuels stability in fixed income markets
During 2006, the Bank of Jamaica (BOJ) has been successful in its efforts to reduce interest rates and maintain stability in the domestic market. The BoJ's ability to lower interest rates amid the numerous challenges...
Stock market shaped by fragile investor confidence, depressed profits
If 2006 had emerged into the year it appeared destined to be, it would have been a miserable Christmas for stock market investors. But events towards the end of the year triggered renewed market confidence, giving stocks a needed lift.
Company law amendments, e-commerce legislation set new stage for businesses
Here are some of the major legal developments impacting businesses in 2006: The Companies (Amendments) Bill 2006 will permit companies formed under the old Companies Act to transition to the new Companies Act regime by filing Articles of Continuance.
A pivotal year for the pensions industry
The year 2006 was pivotal for the local pension industry. Even though the Pensions (Superannuation Funds and Retirement Schemes) Act 2004 became effective in March 2005, the accompanying regulations only took effect a year later in March 2006.
Hit by cement crisis, manufacturing sees mixed performance
Void of the natural disasters responsible for slowing down manu-facturing a year ago, the sector's contribution to the economy still suffered a 2.5 per cent decline in 2006 largely linked to a disaster of another kind - poor quality cement...
Property market surges, mortgage rates fall in vibrant year for real estate
The biggest news of the year for real estate was perhaps the increase in mortgage benefits from the National Housing Trust and the ensuing mortgage rates war among building societies. In February, former Prime Minster, PJ Patterson...
|
