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Jamaica Gleaner Business
published: Friday | September 29, 2006

Tank-Weld developing $1.2b port in Rio Bueno... Cement bagging facility included
Tank-Weld, a private construction group of companies owned by the Bicknell family, will be developing a bulk cement and bagging facility at Rio Bueno in Trelawny, under a $1.2 billion-plan to build out the pier in the sleepy north coast township...

Tavistock injects US$100m to secure 51% stake in Harmony Cove
Harmony Cove is now a US$2 billion ($132 billion) luxury resort project in which Harmonisation Limited, a two-year-old company, is partnering with chief investor, the Tavistock Group to develop in Trelawny.


Stalled sale of Drax Hall property freezes Dyoll plans
A year after Dyoll Group's board set out to rebuild the entity stripped of its insurance arm, the ailing company's plan to enter into real estate development and property management remains stalled for the remainder of 2006.


Ocho Rios leg of Highway 2000 priced at US$200m ... But to build now, gov't has to vary contract
The Kingston to Ocho Rios leg of Highway 2000 is projected to cost $13.2 billion and should take three years to design and construct, said state overseers of the process. Developer TransJamaican Highway (TJH) has up to the end of June 2007 ...


Mark Myers elected JCC president, promises to build relations
Mark Myers, the man behind the successful KFC franchise in Jam-aica, has been elected president of the Jamaica Chamber of Com-merce, a position he accepted with a pledge to build strong relationships between businesses, sectors and communities.


Mayberry says Access' 'impressive' growth made it a good investment.... But won't get involved in running company
Chief executive officer of Mayberry Investments Limited (MIL), Gary Peart, says that the minority 49 per cent stake which it recently took in the micro enterprise financing company, Access Financial Services Limited...


Be careful of your greed, Lee Chin warns investors
Warning investors against succumbing to their greed, National Commercial Bank (NCB) chairman, Michael Lee Chin, has criticised speculative foreign currency trading, describing it as unsustainable and contrary to prudent investing.


First Global to introduce 'managed portfolio' option
First Global Financial Services (FGFS) will next month launch a managed portfolio product, its vice-president for investment management, Kevin Richards, announced this week, saying the initial...




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