ICWI partners with IDB subsidiary - To distribute small loans in three countries
The Paul Lalor-led Insurance Company of the West Indies (ICWI), one of the leading general-insurance companies in Jamaica, has been hired by the Inter-American Investment Corporation (IIC) to distribute loans to small and medium-size businesses...
A legal guarantee of data confidentiality - Statistical Act to be amended
Business mistrust of government agencies regarding confidentiality of data shared with them is hobbling the Statistical Institute of Jamaica (STATIN) in its analysis of production and the broader economy, the agency said this week. But now Statin is hoping to solve ...
What's the value of the Appleton Rum brand? - US$500m to US$600m, says Angostura broker
Market analysts this week were critical of the valuations proferred to shareholders by the directors of takeover target Lascelles deMercado, saying that the published figures gave no precise reading of the real value of the group's coveted Appleton Rum brand. Like several market players ...
Gillette case expected to set precedent for pension trials - Headed to Privy Council for final resolution
Jamaica's Appeal Court's ruling that scores of former workers of Gillette Caribbean are entitled to a share of a $42 million surplus in the company's pension scheme is heading for the Privy Council for final resolution. Initially, the funds were earmarked for sharing...
'Slow growth, but no recession'
United States (U.S.) President George W. Bush and Federal Reserve Chairman Ben Bernanke yesterday embraced calls for an economic stimulus package to avert recession in the U.S. Bernanke said such a plan should be quickly implemented and temporary so that it won't complicate...
Investment behaviour and informed conversation on risk
ON DECEMBER 21 last year, I said that one objective of these columns is to "be informative for the general reader and propose ideas on subjects that lead to deeper thinking and stimulus to informed conversation." I pointed out that another "more difficult objective...
Understanding the EPA - Tourism pact demands fair competition
THE LANGUAGE on tourism contained in the recently initialled Economic Partnership Agreement (EPA) with Europe is a clear example of the benefits that flow when a Caribbean industry, ministers and trade negotiators are able to develop a close working relationship...
Dow falls 300 points - US economic woes maim stocks
Stocks skidded lower Thursday after a regional Federal Reserve report showed a sharp decline in manufacturing activity and as investors grew concerned that downgrades of key bond insurers could trigger further trouble with souring debt....
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