Jamaica Gleaner Business
Published: Monday Wednesday | September 16, 2009
Used-car dealers want more - Sector head says gov't stimulus discriminatory
The association that lobbies for used-car dealers yesterday welcomed the government's duty rebate on motor vehicles, but says that the measure does not go far enough and discriminates against dealers who may have cleared but not sold vehicles ... Read More...
Soft real estate market slows NIF cash hunt
Against the the background of a $1.2 billion erosion in its stock portfolio value between March last year and the same month this year, and additional losses possible from a continuing still lacklustre equities market, the National Insurance Fund (NIF) is being relentless... Read More...
First junior stock set for October listing
Five months after its launch date in April, the Junior Stock Exchange, designed to raise capital for companies with a $50 million to $500 million capital base, is yet to have a single listing, but Jamaica Stock Exchange (JSE) officials now say it is... Read More...
Digicel buys rival firm in Dominica - To go head-to-head with LIME after Orange acquisition
The Irish-owned telecommunications company, Digicel, yesterday said it had completed a deal to acquire the assets of the French phone company, Orange Dominica Limited. "I am delighted to announce that Dominica's 'bigger, better network' just got even bigger and even better... Read More...
FirstCaribbean's Brady joins LIME
Telecoms firm also names new COOLess than a year after he was promoted to head FirstCaribbean International Bank's (FCIB) investment banking operations across the region, Jamaican Milton Brady has left the finance house to join the regional telecoms... Read More...
Analysts agree on IMF path, at odds over team
They may all agree on Jamaica's need to borrow from the International Monetary Fund (IMF), but some analysts question whether the best team is negotiating for the best deal from the Fund and warn of the potential for social backlash... Read More...
Barbados in severe decline - IMF
WASHINGTON (CMC): The International Monetary Fund (IMF) says that Barbados is facing a "severe" economic recession. It said that the island's output is contracting, as the global financial crisis has "depressed tourism, brought Foreign Direct Investment... Read More...
CISCO technicians, welders among best paid HEART graduates
A recently published HEART/NTA tracer study of 2006-2007 graduates, looking at the information and communication technology sector, agriculture, building construction and hospitality indicates that CISCO trainees enjoy the best employment rates and pay... Read More...
Antiguan opposition party renews anti-IMF position
ST JOHN'S, Antigua (CMC): The main opposition Antigua Labour Party (ALP) has renewed its call for the government not to enter into any agreement with the International Monetary Fund (IMF) and has called for the removal of the Baldwin Spencer... Read More...
UK emerging from recession - central bank
LONDON (AP):Bank of England governor Mervyn King said Tuesday that the British economy is slowly emerging from its deepest recession since the second world war but that inflation, which fell in August to a near five-year low... Read More...
US August retail sales show big rise
WASHINGTON (AP):United States retail sales jumped in August, spurred by widespread gains beyond the expected increases of auto sales due to the government's popular Cash for Clunkers programme that offered incentives... Read More...
