Jamaica Producers revived

Jamaica Producers Group (JP) stock shot up more than 10 per cent in market trading Wednesday on the back of a better-than-expected earnings report that saw the company shaking off more than $2 billion of losses to return a profit of $210 million...

Jamaica's credit upgraded, IDB confirms 'unprecedented' support

Moody's ratings agency on Tuesday, acknowledging the smooth execution of the multibillion-dollar debt exchange programme, pronounced that it was upgrading the credit score on Jamaica's sovereign bonds to B3 - the third to do so in the past two weeks...

Lascelles sale 'not on the agenda'

Shareholders of Lascelles deMercado and Company were assured by Trinidad-appointed Chairman Dr Shafeek Sultan-Khan Thursday that there was no threat of the company's shares being sold off, a year into the collapse of parent company CL Financial Group...

Air Jamaica HQ on sale

The Air Jamaica building, corporate head-quarters for the national carrier, is on the market for sale, as the airline counts down to a final agreement with prospective buyer Caribbean Airlines of Trinidad.Sale of the five-storey 32,802-square foot...

New twist in the Air Jamaica deal

Air Jamaica staff and their unions have been in discussion with the management of Air Jamaica about their termination and redundancy payments in the run-up to the closing of a deal with Caribbean Airlines.

Chen-Young locked in denial by a financial bubble

One of my lawyer friends, whose record at the Bar is pretty good, emailed me with subject 'Chen-Young v Persaud' regarding Paul Chen-Young's March 1 letter published in The Gleaner, 'Answering Wilberne...

Paperless investment

The Parliament of Jamaica is in the process of passing the Government Securities Dematerialisation Act 2010, to provide for the conversion of physical certificates into a paperless or electronic format...

Tru-Juice sales blossom overseas

Three months into a more aggressive push for foreign sales, Trade Winds Citrus Limited, makers of Tru-Juice, are reporting a 15 per cent surge in business in its overseas market, even while it struggles to maintain hold on its self-proclaimed 70 per...

Movements

Stewart steps down from SVL - Janette Stewart, whose late husband was a co-founder of Supreme Ventures Limited, has resigned from the company's board.Simultaneously, two new directors have been added - Steven Hudson and Georgios Sampson...

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