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Jamaica Gleaner Business
published: Wednesday | January 3, 2007

Borrowings boost budget surplus... Loans $10b above fiscal year target
Flush with cash from heavy borrowings over eight months to November 30, finance minister Dr. Omar Davies, if he keeps to spending projections, will have no need to tap the capital markets for the remainder of the fiscal year ending March 31.

Jamaica manager, union sue BWIA

Irena Patterson, BWIA area manager for Jamaica, has filed suit in Trinidad, alongside a trade union, barring the retired airline from disposing of assets of up to TT$3.7 million. On Saturday, Port-of-Spain's industrial court granted ...


JMMB launches new fund in Trinidad

Jamaica Money Market Brokers has launched its Trinidad Select Index Fund (TSIF), to take advantage, the brokerage said, of the uptick in the twin island's equities market. "The market in Trinidad appears to be on the upturn again.


Market reports - Closing stock market indices

LONDON, United Kingdom (Reuters): Here is how major stock markets outside the United States ended on Tuesday. The FTSE 100 index of Britain's leading shares closed at 6,310.9 points, up 90.1 or 1.45 per cent, its highest level since January 2001.


UK property stocks at record high on REIT conversion

LONDON: British property stocks led by Land Securities Plc and British Land Plc got off to a strong start in 2007, hitting record highs, as many converted into low-tax investment trusts that guarantee higher dividends.


Authorities probe medical school started by American

PITTSBURGH (AP): A Caribbean medical school started by an American man has come under investigation by the government of St. Kitts and Nevis after officials voiced concerns about the school founder's credentials, a newspaper reported.




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