Dyoll liquidators anxious to settle coffee case
The liquidators winding up the Dyoll Insurance Company say they want to negotiate a settlement, rather than fighting at appeal, a lower court ruling that nearly 6,000 Jamaican coffee farmers should be the sole beneficiaries...
Red tape, productivity and accountability
One man's red tape is another's accountability. So goes the saying. Jamaica, take heed. Should oversight, safety, revenue generation and cost recovery be abandoned, modified, new ones introduced? If so, why? These are just some of the questions emerging..
New bill won't plug all
the gaps in company law
The long-awaited bill to amend the Companies Act, 2004 is to be debated in Parliament. The Companies Act (Amendment) Bill is drafted to expressly provide that a company formed under the repealed Companies Act of 1965...
Oil will flow within a decade - Potopsingh
PORT-OF-SPAIN Trinidad: Jamaica, anxious to find some commercial quantities of hydrocarbon to deal with its high energy consumption levels, is now seeing new hope in reprocessed seismic data, according to a top-level industry official.
Market anticipates takeover bid for C&W
A rival firm Deutsche Telekom is making a bid for Cable & Wireless Plc, according to unconfirmed reports on Tuesday. Neither company would comment on the speculation which emanated from Germany, according to Reuters.
Police HQ still slated for NHT homes
... But project on hold
The National Housing Trust has already got the nod, preliminarily, from relevant agencies and utilities on its plans to erect apartments on the property housing the Police High Command, but has put the project on hold to secure possession...
Paper securities trump loans on commercial banks' balance sheets
Despite the stated commitments of both the Ministry of Finance and the central bank to reduce interest rates, Financial Gleaner checks indicate that commercial banks still prefer to chase after paper investments - parking their assets in GOJ...
Treasures Ltd hunts approval for cruise ship pier, hotel
Nearly eight years after developers, Treasures Limited, first sought environmental approval to develop 109 acres of land at Gunboat beach on Kingston's Palisadoes strip, the company is once again seeking permission to go ahead...
Air Jamaica undecided about retaining loss-making London route
Despite confirmation that Air Jamaica's London route bleeds as much as US$25 million a year, the airline's managers appear reluctant to erase the United Kingdom capital from its flight schedule. London represents a substantial 35 per cent...
CSME on track for implementation 2008 - Arthur
MONTEGO BAY, Jamaica (CMC): Caricom countries remain on track to implement a single economy by the 2008 target date, Barbados' Prime Minister Owen Arthur said in Montego Bay at a meeting of regional leaders.
CDB predicts growth of Carib economies - Tourism to benefit from CWC
BRIDGETOWN, Barbados (CMC): The Barbados-based Caribbean Development Bank (CDB) Tuesday reported strong economic growth among its borrowing member countries (BMC) last year and predicted improved performances in 2007.
|