Clarendon Alumina borrowing to pay debt
WORLD ALUMINIUM prices are at record levels, but Government-owned Clarendon Alumina Production Limited (CAP) is taking out short-term loans and advances to 'smooth out' its cash flow, says general manager and chief financial controller...
The prism of right and wrong
MANY PEOPLE in business, politics, sports and even the Church tend to see every action and every outcome in terms of power. Many others - poor people, rich people, those who are not religious, those who are religious, people of every hue and colour...
Jamaica /T&T natural gas deal
PORT-OF-SPAIN (Trinidad Guardian): UNDER THE agreement reached last month, Trinidad and Tobago is to supply approximately 158 million cubic feet a day of natural gas to Jamaica. Trinidad and Tobago Prime Minister Patrick Manning at a joint news...
Neal & Massy splits Shell operation with Joe Issa
FOLLOWING THE change of ownership of the Shell Company (WI) Limited's operations in Jamaica last November, the company's retail liquefied petroleum gas (LPG) business has been re-branded as 'Gas Pro'.
Pan Caribbean to operate as commercial bank
PAN CARIBBEAN Financial Services PCFS has been given the go-ahead by the regulators to convert its merchant bank licence to a commercial bank operation. The Jamaica Stock Exchange (JSE) yesterday advised that, "Pan Caribbean Financial Services has...
GraceKennedy ties SAP into food expansion plans
GRACEKENNEDY LIMITED is projecting that implementation of a major software project in its Food Trading Division will significantly boost the division's international expansion efforts. The project, costing some US$3 million, brings 12 companies, located..
Give the insurance company a 'bligh'!
Question: I bought a 1999 Honda Prelude on February 25. It was insured for $1,050,000. The title, a valuation report and certificates of registration and fitness were given to the company. I paid the premium of $29,986.93.
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