Jamaica Gleaner Business
Published: Monday Friday | January 15, 2010
350 bonds recalled - 24 new issues for placement Jan 18
The Jamaica Debt Exchange programme, made public on Thursday, will replace 350 Government of Jamaica bonds held by financial institutions and retail investors with 24 new notes in four classes, and cut as much as 16 percentage points off the prevailing interest... Read More...
Digicel commits US$5m, CCRIF to pay out US$8m to Haiti
Digicel Group has committed US$5 million of assistance to Haiti, to help with relief efforts in that country. The mobile firm on Wednesday also flew in a team of its staff to the devastated country where media reports are already putting the death toll... Read More...
Sugar stalled but shipment sure, SCJ insists
Jamaica will ship the first batch of raw sugar to Eridania Suisse SA on February 28, representing close to a third of the supplies committed under a forward contract with the Italian-owned operation."We expect to ship about 22,000 to 24,000 tonnes in... Read More...
Capital and Credit refines its operation - Gives up control of overseas subsidiary
Capital and Credit Financial Group said this week that its nascent and wholly-owned Florida subsidiary Capital and Credit International Incorporated (CCII) will be collapsed into the operations of a small, American investment banking... Read More...
Cautious support for debt-recall plan -IMF staff signs off on US$1.25b facility
Jamaica Money Market Brokers (JMMB), a big domestic holder of government bonds, became the first financial institution to formally announce that it will take up the full debt-restructuring offer under which the Golding administration plans to call ... Read More...
All hurdles cleared to final IMF deal, formalities remain
By now, it should be very clear to everyone that the presentation of the Jamaican Government's letter of intent to the executive board of the International Monetary Fund (IMF) on January 27 is just a formality, as the GOJ has passed ... Read More...
New transition team at Air Jamaica
Government has appointed a new five-member board of directors, comprising two private sector members and three with public sector jobs, slimming its membership from nine.The new chairman is Denis Lalor, chairman of Insurance Company of the West Indies... Read More...
Movements
Digicel fills Wayne's slot - New Digicel Jamaica has appointed Donovan White as head of marketing, with responsibility for public relations, sponsorships, advertising and marketing communications, replacing Wayne Miller who departed the company at the end... Read More...
