Short-term investors weighing down Supreme Ventures - George
A MERE four months after shepherding the gaming company, Supreme Ventures, to its listing on the Kingston exchange, NCB Capital Markets is listing the stock as one to hold rather than buy, having projected that Supreme's profit will be well below...

Berger to stay in Jamaica - CEO
THE DECISION of Asian Paints, the parent company for Berger Paints Jamaica, to pull its 30 per cent stake in the Dutch Boy Philippines Inc. has no strategic implications for the local operations, says chief executive officer for Berger...

CI Investments gets more distributors
THREE LOCAL financial companies are currently in negotiations with CI Investments to offer the Canadian company's mutual funds, the Financial Gleaner has learned. According to an informed source, investment firm, Dehring, Bunting and Golding...

Red Stripe shifting focus back to local market
RED STRIPE Jamaica has signalled its intention to refocus on its domestic business as it attempts to reverse years of decline in its sales volumes even as its export segment continues to show consistent growth.

Goodbye Moore, welcome XSOMO
MOORE BUSINESS Forms Caribbean Limited has officially changed its name to XSOMO International Limited to better reflect its changed nature. Managing director Desmond Valentine, said this was more than a rebranding exercise...

Shipping industry sees signs of slowing
LOS ANGELES (Los Angeles Times): A SLOWDOWN in the furious growth pace of international trade, combined with a building spree of ever-larger ships means shipping cargo around the world is becoming cheaper.

Haiti garment makers pin hopes on US bill
PORT-AU-PRINCE, Haiti (Los Angeles Times): JOBS IN the garment industry, once Haiti's most vital sector, have dropped from 100,000 in the late 1980s to less than 20,000 today. In a country long plagued by chronic unemployment of 50 per cent to 70 per cent

Legislation could raise cost of Internet phone calls
Los Angeles Times: INEXPENSIVE INTERNET phone calls could get more expensive under provisions added to federal legislation that sparked heated congressional debates over pay television competition and equal access to data networks.

Can commercial banking licence improve PCFS's margins in the short run?
PAN CARIBBEAN Financial Services (PCFS) booked $0.51 per share in the first quarter ended March 31, 2006 - identical to that earned in the matching quarter of the prior year. A quarter-over-quarter comparison showed a 1.5 per cent...