Cayman firm eyes Matalon's Redimix

THE MATALON-CONTROLLED Industrial Commercial Developments (ICD) is considering selling Redimix Concrete to Cayman-based company, Cayman Concrete Limited. The sale would see the Group's powerful construction business shrink to just West Indies Home...

Highway 2000 financing deal still unsigned

JAMAICA IS expected to secure an estimated US$4 million to US$6 million in technical assistance from Malaysia to assist in the construction of Highway 2000, Prime Minister P.J. Patterson's ambitious 230-kilometre road project linking Kingston with the...

Would no-fault motor insurance lower premiums?

Question: I have been visiting Jamaica for 25 years. It never ceases to amaze me how your government continues to perplex the people! In a recent article, you said that car insurance rates are climbing again. Has Jamaica ever heard of...

NIBJ's James gets $6.7m

FORMER FINANCIAL consultant Rex James received a salary package of $6.7 million when he was ushered in as interim president of the National Investment Bank of Jamaica (NIBJ) in December 1999 following the abrupt departure of Gavin Chen during a probe...