$200m Denbigh hotel - JAS to develop property under $1b plan
The Jamaica Agricultural Society (JAS) is to build its own hotel on the same property that hosts the annual Denbigh show, and is investing $200 million in the venture. The project breaks ground Monday at the site in a formal ceremony with Prime Minister Portia Simpson Miller on the final day of the three-day Denbigh show.
Shareholders still uninformed on bids for RBTT
RBTT Financial Holdings' annual general meeting (AGM) in Port of Spain was devoid of intense questioning by shareholders on the two offers of a possible merger or partnership that are now on the table before the board of directors.
Big spending cut contains deficit in June quarter
Tax revenue collection to the end of June was running $390 million behind budget, but was up by almost 15 per cent or $5 billion compared to the June quarter of 2006.
That 'bad taste of Finsac' - Squaring all the facts
In my book Jamaica Meltdown: Indigenous Financial Sector Crash 1996, I argued that opinion on the nature and efficacy of Finsac is often coloured by political affiliation. I should add that it is also coloured by the extent to which - like Paul Chen Young in his book of blame to government policy - one stays in denial, avoiding owning up to mistakes and taking responsibility.
Building a viable pension sector for Jamaica
The government and private sector of Jamaica have been working hard to allow people who have worked a full career to receive pensions that can at least provide for minimum living requirements in their golden years.
The complexities of crime and foreign trade
Who benefits most from crime? This seemingly simple-to-answer question may be rather more complex than it at first appears. At the illegal end it is undoubtedly those who traffic the estimated US$40 billion of cocaine that passes annually through the region to Europe and the United States or who invest in or use the region's financial services to launder illicitmoney.
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