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Jamaica Gleaner Business
published: Wednesday | August 2, 2006

Venezuelans to finalise Petrojam joint venture
A senior official for Venezuela's national oil company Petrleos de Venezuela S A (PDVSA), Amilkar Maca, is expected in Jamaica today to finalise agreement on the valuation of the government's 35,000 barrels a day...

Lee Chin chooses Andrea Gordon-Martin to run United General Insurance (UGI)
Michael Lee Chin has named Andrea Gordon-Martin, the firm's former managing director, as president of the , effectively giving the long-time employee the CEO's job at the company he acquired from Neville Blythe in April.


Mirant bidders line up for Philippine assets
While Atlanta-based electricity producer Mirant Corp. seeks purchasers for its Jamaican assets, the company has also started seeking bids for its multibillion-dollar power plants in the Philippines, according to wire reports.


Private sector should buy Mirant shares - Trinis
Port-of-Spain (Trinidad Express): The south Trinidad Chamber of Industry and Commerce (STCIC) on Friday urged the Governments of Trinidad and Tobago, Jamaica and the Bahamas to ensure that the regional private sector is given the opportunity to invest...


Dyoll liquidators to appeal payout
The liquidators of Dyoll Insurance have announced that they will formally appeal the decision by a Jamaican judge that US$8 million (J$520 million) of reinsurance money on two large policies- including one covering hundreds of Jamaican coffee farmers...


Miami banks fear loss of int'l clients
MIAMI (AP): The sparkling glass towers rising above the Atlantic along Brickell Avenue have long been the place where Latin America's wealthy parked their money during political crises and invested it when times were good.


Small steps or one giant leap of faith?
Question: My house insurance premium has gone through the roof. It will cost me $95,000 this year. That excludes GCT. Friends suggest that I should lapse the policy and put the money in a bank account to pay.


Time to take a break
The days are long, and while we have been getting a few showers to keep the place green, the humidity is high and matches the temperature. Many people work very hard and, without scientific data at hand, one could safely guess...




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