Economic developments and activities ... this week in our past
ADMINISTRATION: March 17, 1959: Noel Nethersole, Minister of Finance, died suddenly of a heart attack while finalising the Budget for the financial year 1959/60.

Make Finance Minister non-elected - Perkins
THE PRESIDENT and chief executive officer (CEO) of PanCaribbean Financial Services (PCFS), Donovan Perkins, says that his advice to the Prime Minister-designate, Portia Simpson Miller, is that Jamaica should scrap the constitutional...

Should you take on the next public offer?
THE INITIAL public offer (IPO) landscape in Jamaica over the last 16 years has not been kind to the unwary. Of course, investors have profited from the majority of offers, but the record shows that quite a few investors have been left...

Global builders to construct bus terminus
THE COMPANY building what will become the tallest building in the world located in Dubai is also designing and building Jamaica's future transport centre in Half-Way Tree. The construction company, Besix Jamaica Limited which is a joint venture...

NHT jacks up New Kgn's parking
PARKING IN New Kingston will improve in June 2006 with the completion of the National Housing Trust's (NHT) multi-storey car park. Currently, the NHT is providing parking space for more than 300 vehicles on a leased lot adjacent to its Park Boulevard head

JEA keeping exporters abreast of EU rules
THE LATEST trade statistics show that Jamaican exports amounted to some US$80 million to the European Union (EU). "We are looking to build on that performance," said Janet Lawrence, post harvest specialist with the Ministry of Agriculture.

Sterling shelves plans to list
YET ANOTHER company has postponed its plans to list on the Jamaica Stock Exchange (JSE) because of the bear market. This time, potential investors will have to wait a while longer as Sterling Asset Management Limited will not be coming to the market...

Salada reaps savings from restructured operations
SALADA FOODS Ltd. outsourced its production and administrative activities in the final quarter of FY 2005 and retained only the top level management team on its payroll. The reorganisation resulted in approximately $18.6 million...