Air J, Virgin expand code-sharing to Miami
The deal involving the sale of Air Jamaica's Heathrow slots to Virgin Atlantic has been finalised, with the code-share agreement officially to take effect November 30, Virgin's spokesman Paul Charles confirmed this...
Alcoa restarts shipments from Jamalco
Jamalco Refinery, in which Alcoa has 55 per cent controlling interest, began shipping alumina last week from its newly repaired port at Rocky Point, Jamaica, after storm damage from Hurricane Dean disabled operations in mid-August. "Jamalco began its...
First Jamaica, Pan Jam return impressive profits
Investment companies Pan Jamaica (PJAM) and First Jamaica (FJI) both posted strong results for the period ending September 30.Both companies are chaired by Maurice Facey and run by Stephen Facey."Both results are excellent, quarter over quarter and on a...
RJR to sell stake in GV Media
Radio Jamaica Limited (RJR) is divesting its 20 per cent share in GV Media Limited, the U.K.-based company in which it is a minority partner with The Gleaner Company.
CCMB profits plunge 48% - Cites poor performance on treasury portfolio
Capital and Credit Merchant Bank Limited (CCMB) has recorded a substantial drop in earnings in a poor nine-month period for the company, whose earnings fell by almost 50 per cent in some areas.
Jitters about late payment of Cash Plus allayed - Company blames the banks, claims slow processing
Cash Plus investors, or at least some of the group whose returns are remitted to their bank accounts, are experiencing delays in monthly payments.But on Wednesday, a company executive said the lag was...
Eight-year fight for D&G assets ends in victory for Geddes' children - Privy Council upholds conspiracy ruling against widow, businessman
Endorsing a ruling by Jamaican courts, the Privy Council has held that entrepreneur Paul Geddes' widow, Margie, conspired with Caymanian businessman Albun Whittaker to fraudulently frustrate attempts by Geddes' offsprings...
Western Union sees GK partnership as springboard into micro loans sector
President and Chief Executive Officer of Western Union, Christina Gold, says factored in the renewed partnership with GraceKennedy Limited is the opportunity it presents to go deeper into microlending and small take-up loans...
JMMB sees Dom Rep as springboard into wider Central America
Jamaica Money Market Brokers (JMMB) has set sight on two Central American markets but is cagey about its plans ahead of research underway to determine entry.
Unencumbered by impairments, NCB Capital Markets grows profit
NCB Capital Markets Limited reported depressed revenues for its year ending 2007, but the investment company managed to tweak slight growth in net interest income, which rose $46 million to of $1.56 million, by keeping reins on interest expense.
Chukka gets regional tour prize
LONDON, England: Jamaica's Chukka Caribbean Adventures has been named the region's Leading Nature Adventure Excursion Operator by the World Travel Awards.Chukka, which upstaged attraction operators such as Mexico's...
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