Encashment of life insurance policies on the rise

In another indication of a tough economy, the life insurance companies in Jamaica are paying out increasing amounts as policyholders turn in their plans for cash...

Wisynco to add production line, introduce new products

William Mahfood is ramping up capacity by 30-40 per cent at Wisynco Group's factory in White Marl, St Catherine, requiring an investment of $600 million in a new beverage line on which construction should start next month. Mahfood wants to grow...

Broilers exploring expansion to Haiti

Jamaica Broilers Group (JBG), a leader in the poultry and animal feed markets, is exploring growth beyond its home shores to Haiti, potentially through business partnerships in the French-speaking country...

Advertisers emerge winners in Global Directories, LIME lawsuit

Global Directories Jamaica Limited (GDJL) has won its legal battle against Cable and Wireless Jamaica, now trading as LIME Jamaica, over differences on the payment terms offered to advertisers in the Yellow Pages...

FINSAC INQUIRY - Things we need to know

Chapter Four of former chairman of the Eagle Group of Companies Dr Paul Chen-Young's written testimony to the FINSAC enquiry.This section suggests a number of issues that the Commission might consider under its terms of reference....

Lehman autopsy spotlights the fascinating 'Repo 105'

The Valukas report - post-mortem really - of the Lehman Brothers meltdown is the hottest attraction for Wall Street watchers and analysts interested in the shape of an effective regulatory regime for the post-September 2008 landscape....

Movements

Armstrong confirmed - Philip Armstrong has been confirmed as managing director of PanCaribbeanBank, the commercial banking subsidiary of Pan Caribbean Financial Services (PCFS), after close to a year...

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