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Business

Berger Paints profits up - 'The best ever in its 48-year history'
Berger Paints Jamaica's net profit increased by 11 per cent in 2000 over 1999, rising to some $64.07 million. Profit before tax amounted to $98.5 million in the year under review, compared with $84.9 million in 1999. Income tax of $34.4 million...

Barbados Mutual will merge LoJ, Island Life

Jamaica's largest insurance company, Life of Jamaica (LoJ), which is now in the process of being acquired by the Barbados Mutual Life Assurance Society, is to be merged with Island Life Insurance Company, according to president and chief executive...

'Butch' Stewart to address Carib hotel conference

Gordon "Butch" Stewart, founder and chairman of Sandals and Beaches Resorts, will present the keynote address at the opening ceremony to delegates attending the Caribbean Hotel Industry Conference (CHIC 2001), which is taking place June 10-13, 2001 at...

New JPSCo's Bogue plant to bolster energy supply
The board of directors of the Jamaica Public Service Company (JPSCo), faced with a significant shortfall in generating capacity which has led to widespread load shedding, has approved the installation of a 25-megawatt generating unit at its Bogue plant...

Wray & Nephew invests $300m in repackaging drive
Wray & Nephew has adjusted the packaging of its white overproof rum to include a tamper-proof seal to protect the integrity and future existence of the brand. The company invested some $300 million to develop its new product packages.












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