Air Jamaica to float US$125m bond: Awaiting Parliament's nod
The Mike Conway-led Air Jamaica will float a US$125 million (J$8.56b) bond on the international market to retire some of the old debt on its books and as a source of financing for its loss-making operations.
$1/2 million cable fee confusion
Columbus Communications' local operation, Flow, is baulking at a $500,000 fee that Jamaica's broadcasting regulator may impose to license the islandwide cable network, sources say, but the company is refusing to admit or deny a problem.
Pan Jam, First Jamaica declare big dividends
AT THEIR annual general meetings held back to back Tuesday, both Pan Jamaican Investment Trust Limited and First Jamaica Investments Limited announced a special dividend that will give substantial returns to will give substantial returns to shareholders.
Jamaica Producers targets 'sweet spot': CEO-designate Hall shifting to market-led strategy
Opting not to sugar-coat its prospects, Jamaica Producer's Group (JP) has warned shareholders that it anticipates a 'difficult year'.But the conglomerate which built its multibillion business on bananas, is already reshaping its business mix to expand...
UC Rusal appoints Fabrini to head Alpart
Alberto Fabrini has departed Jamalco to take up a new assignment as general manager, effective today, the new owners of the company have announced.
IFC to consider First Jamaica US$25 million loan request
First Jamaica is yet to obtain a commitment from the International Finance Corporation on its proposed corporate loan of US$25 million, a portion of which may incorporate quasi-equity of up to $7.5 million, chairman Maurice Facey said Tuesday.
Broilers proposes power 'wheeling' plan: Awaits Office of Utilities Regulation Sign-off
JAMAICA BROILERS Group is negotiating with the utility regulator and monopoly manager of the national power grid to 'wheel' electricity to its large plants in different locales from its co-generation plant at Spring Village ...
Bank of Nova Scotia (BNS) six-month earnings'disappointing', say analysts
WITH ITS performance dragged down by rising operating expenses and single digit growth in its total interest income, the Bank of Nova Scotia (BNS) made marginal gains in earnings for the six months ending April 30, 2007.
Reviving agriculture through commercialisation - Part 2
Last month, I noted the strong urban area pull and bright lights of Kingston in the push for young people's internal migration and farmers' modal age being...
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