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Jamaica Gleaner Business
published: Wednesday | August 15, 2007

Urban renewal project to cost $1 billion more
The government's Urban Renewal Inner-City Housing Project is to cost $1.1 billion more than originally projected. The original value of the contract, awarded in November 2003 was $2.7 billion, but according to the National Contracts Commission (NCC), the project cost ...

Marubeni gets Mirant's Caribbean assets for a steal

Marubeni Caribbean Power Holdings has settled on purchasing Mirant Corporation's total equity shares in the Caribbean for half the price that was announced in April by the American power company that once had controlling interest in the Jamaica Public Service Company(JPS)...

US$200m cement plant for St Ann

The St.Ann-based Lynford Mining Company has struck a partnership deal with the Canadian-based consortium, Cemcorp Cement which trades locally as Cement Jamaica Limited, to invest US$200 million ($136.6 billion) in the construction of a cement and limestone processing...

Comprehensive plan to tackle unemployment, skills training needed

Local statistical reports have highlighted employment creation as an important achievement, especially as it has supposedly taken place against the backdrop of low economic growth (1.4 per cent in 2006), a chronic current account (amounting to US$925...

Pan Caribbean's balance sheet shows big growth

While Pan Caribbean's six-month profits grew only one per cent to $546 million for the first quarter of this year when compared with last year, its balance sheet continues to show some growth, rising $5 billion in 2007 to nearly $50 billion....

Jamaica Money Market Broker's (JMMB) disappoints in first-quarter performance

Jamaica Money Market Broker's (JMMB) turned in a disappointing performance on profits for the first quarter ending June 30, with its balance sheet reflecting both positives and negatives when compared to the similar reporting period for 2006....

CRITIQUING THE DEBATE - Major upset as underdog Audley decisively wins

In analysing the debate, I believe it is important to look at it primarily as a media debate, and only secondly as a snapshot into the economic policies of the respective political parties that are much more fully and better covered in their respective manifestos....

Shaw was the better, but both parties lacked depth

The debate between Dr.Omar Davies and Audley Shaw was certainly an improvement over the first between Drs. Phillips and Baugh. With the passionate firebrand Audley Shaw and the consistent use of rhetoric by Omar Davies, the debate was interesting.

Disappointing discourse ... more of the same

The debate on the economy between Dr.Omar Davies and Audley Shaw was disappointing when you realise the significance of this debate to Jamaica's future and our personal quality of life. The questions asked may have either contributed positively or negatively to the outcome.

'Made in China' the recall buzzword? - Pulled toothpaste leaves badtaste in mouth of US exporter Toxic chemical found

INDIANAPOLIS (AP): A chemical that thickens antifreeze has turned up again in a Chinese-made toothpaste, this time under a brand that serves luxury hotels around the world. Gilchrist & Soames said Monday it is recalling its 0.65-ounce (18-gram) tubes of complementary toothpaste...

Second toy withdrawal in two weeks

NEW YORK (AP): Mattel Inc. announced the recall of a Chinese-made toy yesterday because it may contain excessive amounts of lead paint. The expected announcement would mark the second recall involving lead paint by the world's largest toymaker within two weeks.

Manning blows away gas reserves concerns

PORT-OF-SPAIN, Trinidad (CMC): Prime Minister Patrick Manning says while there has been a decrease in natural gas reserves, there is no need to worry about the future of the industry in the oil-rich twin-island republic."As we stand here on the cusp of a century ...

Some Caribbean nations hold off on new energy pact

ST. JOHN'S, Antigua (CMC): A number of Caribbean territories opted not to sign on to a new energy agreement during the PetroCaribe Summit in Caracas on the weekend. Antigua and Barbuda, The Bahamas, Guyana, the Dominican Republic, St. Lucia, St. Kitts and Nevis...

The company owes you nothing

In most organisations today, the vision statement is used to communicate to the staff and the public the vision that the management of the organisation has for its success. An effective vision statement is one that inspires, energises and helps to create a mental picture...





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