Brian Wynter quits FSC - Heading to new job in Barbados
Brian Wynter, who has been executive director of the Financial Services Commission since its inception in 2001, has quit the position, a surprise announcement that came after market close yesterday. He remains in the job to December 3. Jamaica Securities Dealers Association ...
Three Bears' offer for Saladapushed back - Lewis tells shareholders 'reject my offer'
Three Bears has pushed back the opening date for its recent mandatory offer to acquire the remaining 39.77 per cent of ordinary stock units in Salada Foods Jamaica by a week, saying the printing of the offer documents was delayed due to the passage...
BoJ clamps down on Sterling - Firm ceases forex lending
Sterling Asset Management Limited, which introduced foreign currency loans to its customers mid-year, was doing so in breach of the law, but the company has since withdrawn the service after the service after the intervention of the central bank. "It has caused some loss in business...
Mitchell departs Pan Caribbean - It's a loss, says Perkins
Lissant Mitchell has resigned his position as vice-president for trading at Pan Caribbean Financial Services Limited, and has proceeded on leave.Officially, however, he remains employed to the company until October 31. Mitchell expected to take up an offer with a competing...
Montego Bay leads growth in cruise sector - Attractions boost passenger spend
A new report on the performance of the world cruise sector says business from sea vacationers slowed in the Caribbean last year, but official Jamaican figures show that the island had a bumper season. Cruise arrivals for calendar 2006 grew by 17.7 percent to a new high...
Cruise vacations up, spending climbs to US$17.6b - But business slows in Caribbean
Cruise lines and their passengers spent US$17.6 billion (€12.91 billion) in the United States in 2006, while New York and Hawaii were among the fastest growing embarkation points for cruise travellers, according to a just released study.....
Airlines hike fares as fuel prices climb
A US$10 fare hike by South-west Airlines Company has triggered matching increases by rivals as the industry struggles to offset soaring fuel prices and build on a recovery that began last year. Early yesterday, oil prices climbed to US$75 as Hurricane Felix built to Category Five strength....
Unauthorised iPhones on sale in China at double the price
The new Apple iPhone can be bought in China, even though it has only been released in the United States. And the phones, which have been unlocked by hackers, don't function properly in China despite costing almost twice the list price. Enthusiasts willing...
The e factor
E is the buzzword now, virtual space is becoming a viable turf for businesses to expand their reach and create visibility among their target audience. Marketers around the world are looking for more interactive ways by which to communicate with consumers online. With computer knowledge...
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