Jamaica Gleaner Business
Published: Monday Wednesday | January 21, 2009
Salada signs exclusive deal with Musson - Lasco partnership ends
Salada Foods Jamaica Limited has signed Musson as exclusive distributor for its full range of products in Jamaica, simultaneously winding up the business arrangement it had with Lasco. Lasco Distributors Limited handled about a quarter of Salada's local distribution...
Trade Board relocates to Air Jamaica building
The Trade Board will in a matter of days move its office downtown Kingston closer to its clientele, says assistant trade administrator Michael Laing. By relocating, the Trade Board is conforming with a directive by Prime Minister Bruce Golding last year...
Coral Cliff closure to save SVL $50m - Hotel plant not for sale
Supreme Ventures Limited is revising business operations at Coral Cliff, and is in the process of closing down the hotel and accompanying Ma Lou restaurant, saying the operation is unprofitable. The lockdown will eliminate 43 jobs...
32,000 fitness certifications monthly
The Island Traffic Authority (ITA) certifies as fit some 32,000 vehicles per month, or 384,000 per year of an estmated half a million automobiles, but the agency says it has set sights at 100 per cent compliance through programmes like 'operation fit...
Trinidad plans bond issue to cover shortfall
Trinidad and Tobago has announced plans to tap the domestic capital markets for cash through bonds issues to cover the widening revenue gap in its budget as oil and natural gas prices decline. Other major commodity exports - ammonia, methanol and steel - have also fallen significantly...
America Movil's Carlos Slim invests in New York Times
A Mexican billionaire is expanding his empire in the United States in a deal that could make him one of the largest shareholders of The New York Times. The US$250 million investment by tycoon Carlos Slim complements his telecommunications holdings in...
Cuba moving on at 50
In the last week, Cuba has hosted receptions around the world to mark the 50th anniversary of its socialist revolution. In London, the participants ranged from the Chairmen of some of the United Kingdom's biggest companies, through politicians from across the political...
