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Jamaica Gleaner Business
published: Friday | November 7, 2008

FSC approves Blue Cross deal - Now it's all up to Audley Shaw
Sagicor Life Jamaica has got the go-ahead from regulators to acquire Blue Cross of Jamaica's health insurance portfolio, but still needs the imprimatur of Finance Minister Audley Shaw before it can declare the transaction a done deal...

John Lynch leaves Sandals

John Lynch, the executive vice- president for worldwide sales in Unique Vacations, is leaving the company today after 16 years with the Sandals Group.An internal memo on Wednesday advised staff that Lynch, who is also chairman of the Jamaica Tourist...

$100m renovation for Bashco chain - New look, new products

Businessman Gassan Azan is renovating his chain of Bashco stores, a project in which he is pumping J$100 million to redefine the look and feel of the dozen operations spread across Jamaica, and add new and better quality products to store shelves...

Two options for Felicitas: Truck in new sand or wait 100 years

Frederick Moe, project manager and partner in the $8 billion Felicitas development, says the project will remain on hold until the 500 truckloads of stolen sand are recovered.But, if the police fail to track down the stolen sand, the investors would...

Irish owners of National Outdoor Advertising look regional - Spending $216 million to upgrade at home

Anglo-Irish investors who recently acquired two of the biggest outdoor advertising production and printing companies - National Outdoor Advertising and City Graphics - say that they are not only spending over J$200 million to upgrade capacity here, but also hope to use Jamaica ...

Advertising Limited look regional

Caribbean and Central America," said McGrane. Slevin and his partners apparently see in Jamaica not virgin territory for outdoor advertising, but one that, with the introduction of first world techniques and technologies....

Margin calls weaken weaken Jamaica dollar - Currency slides 5% in a month

A five per cent decline in value of the Jamaican dollar over the past month was triggered by demands from US brokers that their Kingston counterparts pay up for government bonds bought on their behalf, analysts here say...

Commentary - For a more perfect union

Within the preamble to the United States Constitution are these powerful words: "We the People ...in order to form a more perfect Union". President-elect Barak Obama believes in them and has used them often in the past 21 months. As Obama utters them, they don't come across...

Sagicor aims to tighten - Revenue strong but inflation worries insurance group

Sagicor Life Jamaica will pay out dividends of $1.65 billion or 44 cents per share on nine-month results that saw only a slight gain in profit for the insurance group.Sagicor Jamaica grew profits...





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