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Business
Name change concerns creditor
THE recent incorporation of a new business operating out of the same St. Andrew premises as United Gasolene Retailers Ltd. (UGRL), has created a dilemma for at least one creditor to whom UGRL is said to owe tens of thousands of dollars
BoJ interest rates set to increase
LAST week the Bank of Jamaica (BoJ) reversed the pattern of decline in short term rates that had accelerated in the previous four weeks. To understand the significance of this we have to review recent interest rate changes in the money market.
Hampden eyes new sugar daddy
TROUBLED Trelawny-based sugar and rum maker Hampden Estates has returned to the market in the hope of finding a fresh buyer after failing to entice local giant Wray & Nephew's Appleton's rum to take over the property. The beleaguered sugar maker...
Global mistake with
local conseque nces
IF there was ever any doubt that there was a split between the Ministry of Finance and the Bank of Jamaica as wide as the Grand Canyon the last couple of weeks should confirm it. On the one hand we have a debt management unit at the Ministry of...
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