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Business

'Details' slow Union Bank sale

A process of accounting for all of Union Bank's fixed assets and pricing the institution's $20 billion plus Government paper is delaying the long awaited sale of the merged bank to Royal Bank of Trinidad and Tobago (RBTT). The sale of the bank was...

New rules for execs

TOUGH new guidelines aimed at probing the integrity of executives in the financial sector will give sweeping new powers of investigation and possible penalties to a powerful new Financial Services Commission (FSC).

Cash for JF Mills investors at last

THE long outstanding payments to former shareholders of the Jamaica Flour Mills from an insurance claim lodged following Hurricane Gilbert 12 years ago this month, are to be made some time next week. In a notice published in yesterday's edition of The...

Grace profit set to hit $1b

GRACE, Kennedy & Company boss Senator Douglas Orane on Wednesday forecast that his company would see a 20 per cent rise in pre-tax profits for the year to the end of December 2000. Speaking at Grace's regular investor briefing to review the first...

Compliments and comments
STANDARD & Poors (S&P) appear to have a very dim view of the economy and the forecast programme Finance Minister Dr. Omar Davies gave to the International Monetary Fund. The thing that continues to strike me is the difference between S&P and.










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