Jamaica Gleaner Business
Published: Monday Friday | August 28, 2009
Digicel diversifies - $500m data centre opens November
Mobile phone operator, Digicel Jamaica has built itself a new command centre in Caymanas, St Catherine, that will become the base of its venture into a new line of business - data security and storage for corporate clients, at least three of whom are already... Read More...
FCJ pouring $500m into new space at Naggo Head - ACS E-Services to take up 40,000 sq ft
Factories Corporation of Jamaica (FCJ) is constructing 100,000 square feet of new factory space at Naggo Head in St Catherine, a $500 million project that will span five acres. ACS E-Services Group will take up 40,000 square feet of the new space immediately... Read More...
Crunch time as IMF deadline approaches
The Jamaican Government faces an extremely tight schedule over the next few weeks as it races to put the final touches on both the first supplementary sstimates and the medium term economic programme. According to the prime minister and the minister of finance... Read More...
Recession? What recession? - Sagicor near doubles profit, proving Byles wrong
Six months ago, Sagicor Life Jamaica president Richard Byles was preparing for a bad year, convinced that thousands of job cuts just months before and an economy falling deeper into recession spelled an erosion of revenue and with it his company's bottom line... Read More...
Regional business briefs
Banker forms business alliance - A prominent Puerto Rican banker is urging private sector leaders to join an alliance to help boost the United States island's ailing economy by providing training and assistance to local businesses.Luis Beauchamp, chief of... Read More...
Finsac date elusive
The Commission of Enquiry into the collapse of the financial institutions in Jamaica in the 1990s says it cannot yet set a date for public hearings, constrained by voluminous submissions that were still incoming and in need of review. The commission also... Read More...
Flow's pace slows - But Broadcasting Commission okay with network delay
Flow Jamaica is reporting a 40 per cent penetration of its triple play service, which by the condition of its licence must be rolled out nationwide. The company has said it will miss its 2011 deadline for blanket coverage, but has not settled on a new timeline ... Read More...
Technology briefs
Sony plans Kindle rival with wireless downloads - Sony plans to offer an e-book reader with the ability to wirelessly download books. That adopts a key feature of the Kindle from Amazon.com and enhances the competition in a small ... Read More...
Hope springs eternal for a good winter
Early signs that the United States economy is turning has raised hopes in Jamaican resorts that the hospitality market will begin to see its own green shoots this winter season, still more than three months away. John Issa, chairman of the SuperClubs resort chain... Read More...
Jamaica trying again to wring commercial gain from athletic success - MIIC initiates national branding committee
Jamaican athletes are a marketing opportunity that Government is signalling it will no longer allow to go to waste. Karl Samuda, minister of industry, investment and commerce, is setting up a 'branding committee' to explore ways of leveraging the success ... Read More...
