Newport Fersan cuts staff
ROCKED BY a drop in its sales, Newport Fersan Jamaica Limited has made redundant 33 per cent of its staff, effective yesterday.
Retired couple delivers big - Former businessman gives $6m to Black River Primary
Retired business couple Tony and Shelia Hart have made a contribution of $6 million towards the construction of a computer laboratory at the Black River Primary and Infant School in St Elizabeth at a groundbreaking ceremony last Friday.
Harmony Cove will find capital, says Hylton
Chairman of Harmonisation Limited, handlers of the Harmony Cove luxury resort project, Patrick Hylton, is upbeat about financing for the US$2 billion project in the face of a global downturn, saying the project won't need to tap the browbeaten capital markets for funds.
Two investors want in on Jamaica's march towards coal
The Government's move towards coal as a source of energy has attracted interest from at least two sources, including the Chinese who are scouting investment opportunities in coal-powered co-generation facilities in Jamaica.
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