http://jamaica-gleaner.com/ The oldest and leading newspaper in Jamaica editor@gleanerjm.com (Garfield Grandison) roland.booth@gleanerjm.com (Roland Booth) en-us Fri, 17 May 2013 00:00:00 EDT 60 Fri, 17 May 2013 00:00:00 EDT Newspapers C&WJ Co-operative Credit Union members, in a marathon four-hour annual general meeting, approved the acquisition of the Westmoreland Co-operative Credit Union, allowing it to grow its assets to $6.4... http://jamaica-gleaner.com/gleaner/20130517/business/business1.html http://jamaica-gleaner.com/gleaner/20130517/business/business1.html Hardware and Lumber (H&L) made net profit of $9.9 million for the first quarter ended March 31, rebounding from a loss of $5.2 million reported for the corresponding quarter in financial year 2012.The company has, over the last few years, made... http://jamaica-gleaner.com/gleaner/20130517/business/business2.html http://jamaica-gleaner.com/gleaner/20130517/business/business2.html First quarters, coming after the Christmas frenzy, are usually bad times for Jamaica's media companies.But with the country's economic fluidity, the Government's prolonged negotiations with the International Monetary Fund (IMF) for an economic support... http://jamaica-gleaner.com/gleaner/20130517/business/business3.html http://jamaica-gleaner.com/gleaner/20130517/business/business3.html The Jamaican economy is estimated to have contracted by up to 1.2 per cent during the January to March quarter, the Bank of Jamaica (BOJ) has reported.It was the fourth consecutive quarter of negative growth and has resulted in a decline in gross... http://jamaica-gleaner.com/gleaner/20130517/business/business4.html http://jamaica-gleaner.com/gleaner/20130517/business/business4.html Supreme Ventures Limited (SVL) saw its net profit increased by 76.34 per cent to $1.07 billion for the year to December 2012, in what the company said was its best performance since going public.SVL listed on the Jamaica Stock Exchange on February 28,... http://jamaica-gleaner.com/gleaner/20130517/business/business5.html http://jamaica-gleaner.com/gleaner/20130517/business/business5.html Some banks and insurance companies are hesitant to provide financing and coverage for Tata Nano cars, a new automobile introduced to the Jamaican market only a few months ago.But Joe Ferreira, director of new business... http://jamaica-gleaner.com/gleaner/20130517/business/business6.html http://jamaica-gleaner.com/gleaner/20130517/business/business6.html THE EDITOR, Sir:I write in response to your Financial Gleaner article of May 10, titled 'VMBS finances receive qualified endorsement'.We appreciate your article reporting that in 2012 VMBS was able to increase the surplus attributable to its members by... http://jamaica-gleaner.com/gleaner/20130517/business/business7.html http://jamaica-gleaner.com/gleaner/20130517/business/business7.html A news report in The Gleaner of Wednesday, February 20, carried the face of the JPS president, Kelly Tomblin, under the headline 'Revenue, profit plunge at JPS.' The report stated that "Monopoly power distributor (and very senior oligopoly power... http://jamaica-gleaner.com/gleaner/20130517/business/business8.html http://jamaica-gleaner.com/gleaner/20130517/business/business8.html Hawks, falcons, eagles - raptors - are majestic creatures, even the smallest of them. Fitting perfectly into ecosystems of this remarkable creation that is our planet, they exhibit unbelievable strength, grace in flight... http://jamaica-gleaner.com/gleaner/20130517/business/business9.html http://jamaica-gleaner.com/gleaner/20130517/business/business9.html Madison Financial Group (MFG), a United States-based sports management firm, is seeking to raise US$1 million or just under J$100 million to finance the development of Jamaican go-kart champion Collin 'CJ' Daley Jr to the Formula One circuit.... http://jamaica-gleaner.com/gleaner/20130517/business/business91.html http://jamaica-gleaner.com/gleaner/20130517/business/business91.html