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Jamaica Gleaner Business
published: Wednesday | July 30, 2008

Salada 9:1 stock split - Analysts say action may be futile
Salada Foods, the Jamaican firm that manufactures and packages instant coffee, is planning to a nine-to-one share split aimed, the company says, at creating liquidity in the stock. But while welcoming the move to stimulate trading in Salada, analysts warned yesterday...

Crawford delivers offshore report - Jamaica recruiting IFSC manager

The Eric Crawford-led advisory committee has wrapped up its review of local markets and the regulatory environment that is to guide Jamaica's strategy for drumming up business for its planned offshore financial centre. And the Ministry of Finance is now recruiting what it calls ...

Lascelles to market Angostura products

Lascelles Limited, a subsidiary company of the Wray and Nephew Group, will be distributing the full range of Angostura Limited's products in the Jamaican market with the exception of one. Michael Carballo, executive director of Angostura, said his company...

The new BNS boss

Bruce Bowen, seen here, will take over as CEO of Scotiabank Jamaica on October 31. Bowen, who has been with the Canadian banking group since 1990, has worked in Jamaica before as senior general manager.

NCB scores big - But Hylton expects slowdown in periods ahead

Nine months into its financial year, National Commercial Bank (NCB) has already chalked up another record for big profits of $6.76 billion, or $2.74 per share, to surpass its performance last year when it reported profits of $6.6 billion over 12 months...

Trinidad stock exchange to trade depositary receipts

The Trinidad and Tobago Stock Exchange (TTSE) is to introduce trading in depositary receipts (DRs), but meanwhile the plan awaits legislation that will guide their regulation. Charles De Silva, deputy general manager of the Trinidad and Tobago Securities and Exchange...

Cuban tourism FDI limited, but earnings grow

Cuba has had limited success in attracting foreign capital to its tourism industry and while visitors to its shores have been on the increase, Columbian academic Mauriciode Miranda says the Spanish-speaking country has not been able to attract high-end business...

Trade talks collapse after compromise rejected - India, China, US at odds

A high-level summit to salvage a global deal on freer trade collapsed Tuesday, after the United States, China and India failed to compromise on when poor countries could raise import tariffs on farm products. Phil Goff, New Zealand's trade minister, confirmed the failure...

Making choice easier

It is critical to make right decisions when you are getting into high school, pertaining to the choice of a career. Building on a firm base would ensure that you build on your strengths and get into a career path that you have wanted to pursue. "It is critical that the students...





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