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Jamaica Gleaner Business

Shell offers over J$500 million for National
THE FINANCIAL GLEANER understands that the Shell Companies of Jamaica has made an offer to acquire local petroleum retailer, National Fuels and Lubricants (NFL) for a sum in excess of J$500 million.

InfoChannel looks for new investors
LOCAL INTERNET service provider and I.T. company InfoChannel, run by Patrick Terrelonge, is currently in negotiations with potential investors both locally and internationally. This follows the announcement that Centennial has entered...


The business of education
ON TUESDAY, the managing director of Paymaster Limited Ms. Audrey Marks was the guest speaker at the Private Sector Organisation's (PSOJ) job creation monthly awards. Her topic was the business of education in Jamaica.


JMMB Financial Market Report
SECONDARY MARKET rates fell this week amid inflows of J$5.3 billion from COSH maturities and LRS coupon payments. The market for thirty-day paper opened at 14.00% on Monday, but shed 15 basis points on Wednesday to close...


Job losses in the agricultural sector
THE AGRICULTURE, Forestry and Fisheries sectors lost 30 per cent of its labour force or 44,000 jobs between 1990 and 2000. They lost 62,200 jobs between 1988 and 2000. You can check the figures yourself in the Economic and Social Survey...


Critical accounting policies proposed
THE UNITED States of America's Securities and Exchange Commission (SEC) proposed rule would call for disclosures about "critical accounting estimates" and about the initial adoption of accounting policies that have a material effect...


INVESTING IN BONDS - Assessing the risk on bonds - Part 2
IN OUR last article we looked at the two principal risks associated with investing in bonds - default risk and price risk - and the role that rating agencies played in helping investors assess the relative risks...


Main aspects of IAS 37
THE INSTITUTE of Chartered Accountants of Jamaica (ICAJ) has adopted International Accounting Standards (IAS), now termed International Financial Reporting Standards (IFRS)...












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