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Jamaica Gleaner Business
published: Wednesday | February 14, 2007

Jamaica keeping watch on Alcoa...After report of possible takeover bids
Jamaican bauxite officials last night were treating reports out of London of possible bids by two companies for its North American partner Alcoa as nothing but rumour, suggesting that for now it remains only an issue ...

Dyoll coffee talks set for Friday - Safe Haven says appeal still pending

The joint liquidators of the now defunct Dyoll Insurance Company will on Friday meet with the coffee trustees, the entity charged with the responsibility of securing insurance for thousands of Jamaican coffee farmers...


Caricom gives Bernal flexibility on trade talks

KINGSTOWN, St. Vincent (CMC): Caribbean prime ministers meeting here for their mid-term summit have given regional trade negotiators an adjusted mandate designed to break the deadlock in trade talks with the European Union (EU).


Guardian stock down $30 - 16 stocks lose ground on Jamaica Stock Exchange

The main Jamaica Stock Exchange index Tuesday fell more than 1,300 hundred points yesterday as the market attempted to digest unconfirmed reports of a possible deal involving Trinidad-based RBTT.


Money-laundering indictment relates to threshold transactions, says NCB

The Editor, Sir: Arising from the mention of the charges laid against National Commercial Bank Jamaica Limited in the Resident Magistrate's Court on February 8, and the statement issued by our bank also on February 8, several reports have been carried....


Scotia closing two north coast branches

Bank of Nova Scotia (BNS) Jamaica, the country's most profitable commercial bank, is set to close two sub-branches on the north coast after almost 50 years of doing business and already the bank's decision is attracting the ire of customers...


'Responsible drinking' campaign won't hurt beer sales - Red Stripe

Red Stripe, a brewing company which relies heavily on alcohol consumption to turn a profit, will tomorrow launch a campaign to discourage irresponsible drinking. The company said its new initiative to contain 'rampant' anti-social behaviour...


Tax credits contain JLA year-end losses

The Jamaica Livestock Association (JLA) lost $4.36 million in 2006, despite a small nudge upwards in revenues to $1.15 billion and notwithstanding a profitable fourth quarter, its year-end financial results show...


Utility rated 'investment grade'

Monopoly electricity supplier, Saint Lucia Electricity Services Limited (LUCELEC) has become the first non-sovereign entity domiciled in the OECS to receive a credit rating, stamped 'BBB' by the nascent Caribbean Information and Credit Rating....


Enviroment group opposes refinery deal in Dominica

ROSEAU, Dominica (AP): Environmentalists on Monday urged the government of Dominica to reject a proposal by Venezuela to build an oil refinery in the scenic island. Atherton Martin, president of the Barbados-based Caribbean Conservation Association...


Lascelles boosts Q1 profits 55%

Conglomerate Lascelles deMercado and Company Limited made net profit $849 million in its first quarter to December 30, 2006, a 55 per cent or $303 million improvement on the matching quarter year on year.




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