GEASO in limbo

Sagicor Life Jamaica Limited has got a six-month extension on the administration of the Government Employees' Administrative Services Only (GEASO) health scheme, but there is still no...

Bad estimates lead to good outcome for deficit

The Finance Ministry has over-estimated the strength of Jamaican pay-packets, and fallen short on personal income tax collections by J$1.3 billion in the first two months of the fiscal year.Overseas trade is also underperforming the Government's...

PCJ ordered to repay PetroCaribe funds

The Petroleum Cor-poration of Jamaica (PCJ) wrongly diverted millions from the PetroCaribe Development Fund (PCDF), which it used to enrich it own bank accounts, a probe of the agency has found, and now the Auditor General...

Mobile rivals clash on subscriber count

Claro Jamaica says it has grown its customer base by 100,000 subscribers in the first calendar quarter, and that it has amassed a total of 400,000 new clients since its market entry.The telecoms firm also said its new business came at the expense of...

Waivers still costing gov't billions

Two years after dismantling a number of revenue-draining tax waivers it said it found on assuming office in 2007, the Government still does not have a comprehensive policy to guide its...

Berger Jamaica eyes Haiti for sales growth

Berger Paints Jamaica Limited is looking to grow through exports this year, and is seeking to break into the Haitian market, where reconstruction efforts are expected to drive demand for construction products.Locally...

Developed status by 2030: An illusion?

Last week I found myself doing something I dislike extremely - comparing today's youth, fielding complaints about their difference from the cohort 50 years ago.

Jagdeo warns against trade reformists

Guyanese president Bharrat Jagdeo is warning CARICOM to be wary of trade accords that seek to impose labour and environmental standards on the region....

Jones now Kgn Wharves chairman

Kingston Wharves Limited has split the functions of chairman and chief executive officer, a dual role formerly held by Grantley Stephenson.

Moreno gets second term

Luis Alberto Moreno was re-elected president of the Inter-American Development Bank (IDB) for a second five-year term, which officially begins October 1.As president of the bank, Moreno also serves as chairman of the Board of Executive Directors of the...

LNG market wary of speculative projects

THE EDITOR, Sir:In reading your story, 'LNG Financing, Supplies Unsettled' in the Financial Gleaner of July 2, 2010, some thoughts came to mind that might be helpful in the future.Securing LNG supply prior to...

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