Big merger barred - Shareholder forces decision delay on Neal & Massy deal
Barbados Shipping and Trading Company Limited (BS&T) was barred Tuesday from convening a meeting of shareholders that was expected to endorse the merger with Neal and Massy Limited, even as a third company has announced it would also be making an offer for the company....
Flow buys third cable company
FLOW COMMUNICATIONS has acquired a third cable company, giving it a foothold in Ocho Rios, St Ann.On June 26, Flow took control of Northern Cable and Communication Network Limited (NCCN), formerly owned by Philmore McCarthy, acquiring a client base of more than 2,000 subscribers...
Flow plans attack on cross-network phone charges
FLOW PLANS to partner with all telephone providers in the island under a plan to eliminate cross-network call charges, says General Manager, Michelle English. English, while not committing to a timeline, said the communications company, hopes to have the arrangements...
Pegasus projects 10 per cent business growth - $60m investment planned
The Jamaica Pegasus hotel will this financial year invest close to $60 million in refurbishing and promotions, to boost revenues in a post-cricket market. The hotel's management is also anticipating increased competition from the planned hotel development...
Analysts seek better value in Jamaica Producers' stock - Conglomerate's assets understated'
Jamaica Producers' true value is not reflected on its balance sheet and is in fact understated, some analysts are contending in a push for the agro-processing conglomerate to revalue its assets. They also argue that there needs to be a realignment of the company's market ...
Jamaican think tank says foreign policy misguided - CaPRI urges less focus on Latin America, China
LOCAL THINK tank, the Caribbean Policy Research Institute (CaPRI), says Jamaica's foreign policy is bringing little economic benefit to the country, suggesting instead that Government place its emphasis on forging stronger ties with North America....
JMMB targeting big corporations for slice of pension funds market
Money market and securities dealer, JMMB Limited, which last week launched its pension fund management services to grow fee income, says it plans to compete head on with the more established companies that have managed the big superannuation schemes for years....
Dealers seek leeway to issue forex instruments
Keith Duncan, president of the Jamaica Securities Dealers Association, wants a lifting of restrictions on foreign exchange trading, saying the laws that guide the market are outdated and limit certain type of product placements. The brokerage houses, it appears...
Financing health care in a 'for-profit' medical sector
Michael Moore's new film Sicko is cleverly referred to by the Associated Press as "his dissection of the nation's health-care infirmities. "The film compares the private health care system in the United States to the public system of Canada, the United Kingdom and France...
New Jamaica Manufacturers Association ( JMA ) head recommits to 'Buy Jamaican' campaign
Omar Azan, managing director of Boss Furniture, was elected unopposed as president of the Jamaica Manufacturers Association.His deputy president is Brian Pengelley, Red Stripe's logistics operations manager. The JMA executive also has three new directors - Deborah Lannigan....
|
