Coimex, Petrojam bid for large sugar factories... Planning to invest US$100m
Brazilian ethanol firm, Coimex, has joined Petrojam in a joint bid for government's two largest and most efficient sugar factories, Frome and Monymusk, which together account for 65 per cent of output.
RETV, JNN acquisitions a pre-emptive move
Radio Jamaica Group (RJR) bosses suggested this week that the decision to pay up to $114 million (US$1.75 million) for a combined 72.5 per cent of the two media companies, RETV and JNN, was meant as a springboard ...
Gore developing $3.4b housing scheme in Old Harbour
Gore Developments Limited is investing $3.4 billion in a new housing scheme to be located at New Market Pen in Old Harbour, St. Catherine, financed by commercial bank loans, according to managing director Christopher Gore.
Tourist arrivals set record in July
Jamaica had more than 180,000 stopover arrivals in July, its highest volume ever in any single month, the tourism marketing agency said Wednesday. The figure represents a 19 per cent increase over the 151,289 tourists who stayed here in July 2005.
No takers for Broadband... Late bid under review
Telecoms investors have snubbed an invitation for bids for a wireless broadband licence advertised in June, a development likely to stall further government's plans to step up its policing of the expanding wireless sector.
Developers hit by 'impact pricing' for water
Three hotel developers on Jamaica's north coast have signed contracts with the National Water Commission committing to absorb bigger water charges that amount to about 40 per cent of the cost of piping..
Housing remix needed for true urban renewal
One of Jamaica's most serious defects, over the last 40 years has been the insidious growth of political garrisons and the delapidated properties, neglected infrastructure and antisocial and criminal behaviour they have spawned.
Prosecutors may shut down Brazilian Google subsidiary
SAO PAULO, Brazil (AP): Prosecutors have threatened to shut down the Brazilian subsidiary of Google Inc, claiming the company's social networking service, Orkut, promotes child pornography and encourages hate crimes, officials said Wednesday.
|
