Shipping lifeline

Minority operators on the Port of Kingston, the listed Kingston Wharves Limited (KWL), will be looking to today's start-up here in Jamaica of the new Caribbean hub operations...

Gov't under fire over JDX effect on pension funds

THE GOVERNMENT this week continued to receive a backlash from pensioners and pension fund trustees over the absence of any protective mechanism to cushion the income fallout this segment of the investing public will suffer from the Jamaica Debt...

Scotiabank to focus on shareholder profit

Continuing to post good profits in the first quarter of its 2009-2010 financial year, which runs from November to October 31, banking group Scotiabank this week made it clear that return on equity for shareholders will be its performance focus for this...

Soap and lumber business set for junior stock listing

THE JUNIOR Stock Exchange, created last year as a vehicle to raise capital for small Jamaican firms, is to haveits second listing, with Blue Power, a lumber operation and soap-manufacturing business, set to enter...

Turnaround expert banks on new ventures

Aubyn Hill has known banking and management all his life. Now Hill, a turnaround artist of sorts for bad businesses around the globe, even while applying his professional passion to a few choice ventures of his own...

Changes at CCCU

Our headline, 'Bad debts force changes at Churches', on Page 8 of last week's Financial Gleaner, was incorrect. It is also incorrect to state that the organisation is struggling under the weight of a large non-performing loan portfolio. We regret these errors.

S&P moves Jamaica out of selective default

Following the successful completion of the Government of Jamaica debt-ex-change programme on Wednesday, Standard & Poor's (S&P) raised ratings on the island, moving it out of selective default.The firm moved its long-term foreign-and...

Trinidadians lukewarm to Air Jamaica deal

Much has been written in recent weeks about the current negotiations between the Government of Jamaica, Air Jamaica and Caribbean Airlines for the provision of airlift from Jamaica to five destinations in the United States and Canada by Caribbean Airlines Limited (CAL)....

FINSAC through Dr Chen-Young's looking glass

Dr Paul Chen-Young claims it is a "cardinal rule that a columnist should disclose any conflict of interest when writing about a subject in which there has been personal involvement".

NHT responds to sugar workers' housing story

WE NOTE an article captioned 'Sugar workers housing dilemma', published in the Business section of your newspaper on February 24. Apart from its sensational appeal, the article was inaccurate in parts...

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