FTC to take legal action against car dealers

The Fair Trading Commission (FTC) said it will be using complaints from more than 40 consumers to build a case and take legal action against used-car dealers implicated in selling vehicles with the wrong model year, without the purchasers themselves knowing.

Tighter rules for MoneyGram in western Jamaica

MoneyGram outlets in Montego Bay, St James, have introduced stringent new rules for persons collecting remittances in a bid to reduce risks associated with the multimillion- dollar scamming operations, managing director of Lasco Financial Services, Jacinth Hall-Tracey, has confirmed.

A letter to the new FSC head

A cousin was driving my car last November when she was hit from behind by a bus. I reported the incident to my insurers, who wrote to the insurers of the third party. The police report stated that the bus driver was at fault. The third party insurers refused to accept liability on February 26.

Indications of good savings practices

I was reading the papers about savings. Can you send me some material that denote savings habits?

Private sector needs representation at regional level

Minister of Foreign Affairs and Foreign Trade A.J. Nicholson has appealed to the Jamaican private sector to participate in establishing an association to represent their interests at the regional level.

Acquisitions boost GHL's premium income

The acquisition of three insurance companies last year contributed US$12 million (J$1.1 billion) in gross premiums to Guardian Holdings Limited's (GHL) earnings for the first quarter ended March 31.

Changing European policy

Spend time in Brussels, or in any other European capital that has a close relationship with the Caribbean, and it soon becomes apparent how fast thinking about policy is changing on a broad range of issues that may affect the region's long-term interests.

Trinidad government fires CAL board

Trinidad's Finance Minister Larry Howai Friday named a new board of directors for the cash-strapped state-owned national carrier, Caribbean Airlines (CAL), less than 72 hours after he told legislators that the company had accumulated losses in excess of US$100 million.

Duprey blames recession for collapse of CLICO

Former chairman of the financially troubled CL Financial Group, Lawrence Duprey, has blamed the world recession and not mismanagement for the collapse of the Colonial Life Insurance Company (CLICO), the flagship company of the group.

Business Events

Email entries to business@gleanerjm.com

diG Jamaica

diG Jamaica

Something Extra

The Gleaner

ePaper
The Gleaner ePaper

Roving with Lalah

Roving with Lalah

In the Flair

Flair

Live Cricket

Scorecard and Live Commentary
Live Cricket

Cartoons