Trafigura fallout - Central bank downplays info leak... FCIB refuses comment
The central bank is downplaying the breach of client confidentiality in the Trafigura/PNP scandal and has brushed aside suggestions of an implosion, even as government tries desperately to stem the political fall-out and manufacturers claimed...
Oil lift contract expired Dec 2005
The Petroleum Corporation of Jamaica (PCJ) board will pronounce today on whether it will continue to retain Trafigura as agent to lift oil purchased from Nigeria as reports swirl of a possible investigation of the $31 million ...
Banks hiking debit card merchant fees ... Businesses set new limits on consumer purchases
Hit by a 60 per cent increase in bank processing fees charged by the National Commercial Bank (NCB) this month, merchants have responded by raising the minimum spend for transactions using debit cards, some by 150 per cent more.
Foreigners reeling in profits from Jamaica's fishing waters
ore than two decades after the United Nations Convention on the Law of the Sea gave Jamaica a 200-mile exclusive economic zone (EEZ) in the waters south of the island, it is foreigners, rather than Jamaicans...
To exploit the timber trade, Guyana hunts business in Jamaica
When Luvindra Sukhraj and his colleagues from Guyana's Forestry Products Marketing Council (FPMC) made a swing through an international trade fair in Kingston this week, they hoped to convince local merchants and builders that it made better business...
Crisis full blown, financial sector crash publicly acknowledged
The activities of mid-1996 included the Minister of Finance assuming 'temporary management' of Century National Bank, but more importantly, the insurance sector began to acknowledge, both to itself and to the Government...
Slow sale on commercial properties in downtown Kingston
In spite of the real estate boom islandwide, which some say is now leveling off, the market for commercial properties located in the heart of Jamaica's capital, downtown Kingston, remains sluggish.
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