Harsh business climate forced DB&G sale, says Bunting
Declaring that business had become increasing tough for his firm in a changing economic environment, Peter Bunting, the executive chairman of Dehring Bunting and Golding Limited, suggested that narrowing spreads and thinning profit margins had prompted...
Box plant investment paying off for Corpak
On a bet that they could fill a need not entirely met by overseas firms at a price equal to the landed cost of imported products, Howard Mitchell and Charles Lym made a $300 million investment in a carton manufacturing plant in Kingston, which has been g
No dividends from Ritz-Carlton... Hotel has no surplus cash, says UDC
The Urban Development Corporation's US$3 million investment in the luxury Ritz-Carlton Golf Resort and Spa has reaped no dividends in six years, though the state agency claims the hotel, principally owned by the Rollins, is turning a profit.
Bear Stearns improves outlook for Jamaican debt
The investment bank, Bear Stearns, says that it expects Jamaican bonds - buoyed by strong economic data, a favourable political climate and the absence of major storms during the hurricane season - to outperform its specialised BSEMIX index...
Ship registry signs new rep
The Jamaica Ship Registry (JSR) has expanded its international network of representatives, with the appointment of Calvin W. Cheng, chairman of Eastmark (Shipping) Associates, as deputy registrar for the United States...
DB&G to retain its personality, - DB&G to retain its personality, remain a listed company - Schnoor
DB&G to retain its personality, - DB&G to retain its personality, remain a listed company - Schnoor. Anxious to allay concerns that there could be problems in melding corporate cultures and a dilution of Dehring...
Grand chance for Jamaica citrus - Problems in Brazil, Florida open opportunities for growers, says Miller
The head of the umbrella group for Jamaica's citrus growers, Paul Miller, says there are emerging opportunities for the island to pump earnings from fruit in the face of what he sees as a long-term decline in world citrus production.
No longer constrained, former Fed chief Greenspan shares a piece of his mind
WASHINGTON (AP): Freed from the burden of potentially moving financial markets worldwide with his every utterance, Alan Greenspan cut loose on the economy, the Iraq war, construction of a fence along the US-Mexico border and a host of other topics.
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