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Jamaica Gleaner Business
published: Friday | January 12, 2007

'We can't protect you'... Davies warns investors against high-return schemes
The government is challenged in its regulatory role and cannot protect investors from themselves if they opt for high-risk investment options which promise high returns, says Finance Minister Dr. Omar Davies, in a rare public comment...

Small cable operators resisting the 'Flow'

When Columbus Com-munications, with its deep pocket and sophisticated ways, entered the Jamaican market promising to revolutionise the delivery cable television, conventional wisdom was that existing players would be forced...


Churches takes aim at mortgage market - Negotiating $500m financing

Churches Coopera-tive Credit Union (CCCU) is negotiating $500 million of external financing to build out its mortgage portfolio to offer home acquisi-tion loans of up to $10 million to members.


Tourism, transport earnings boost GDP in September quarter

The Statistical Institute of Jamaica (Statin) mea-sured 2.9 per cent real growth in the Jamaican economy during the three months to September 30 compared to the corresponding period in 2005. The services sector, which represents...


Producers have a 'beef' with imports - Want price investigated

Rising world beef prices have pushed the local cattle sector into a more competitive position, local farmers say, but immediately warned that any move now to ease up on importers could erode those gains and chance...


Regional capital markets 'large but underdeveloped'

A senior official from the International Monetary Fund, says the Caribbean lags behind the rest of the world in financial integration but noted that cross-border transactions have increased over the last decade and a half...


Caribbean stock markets failing investors - Golding

Opposition Leader Bruce Golding has criticised regional stock markets for their limited contribution to the economies of the English-speaking Caribbean and for the limited range of options, saying a regional stock exchange was "a long way off."


Ethanol industry looks to new source

Explosive growth in the ethanol industry is prompting corn farmers to look for other available source for the alternative fuel. One place they are looking is in their fields after the corn harvest.


Cisco sues Apple over

SAN FRANCISCO, California (AP): Apple Inc's much-ballyhooed iPhone was unveiled this week after 30 months and millions of dollars in top-secret development. But the sleek new iPod-cellular phone combination could wind up costing the company...




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