Five new KFC restaurants by 2009 - Myers investing $800m in stores, also remodelling 12 outlets
Mark Myers, managing director of Restaurants of Jamaica (ROJ), says he will be adding five new KFC stores to the chain over the next two years, as part of an $800 million investment over the next two years. The five stores will be done in the new image being effected throughout...
Cable & Wireless Jamaica Limited (C&WJ) pumps $2.8 billion in 120 cell towers
Telecommunications provider Cable & Wireless Jamaica Limited (C&WJ) is spending $2.8 billion to erect 120 new cellular towers over 18 months, to upgrade its mobile and broadband services. The cell towers, also known as telecommunication base stations, will be deployed islandwide...
Neal and Massy adjusts offer price for BS&T
Conglomerate Neal and Massy (N&M) has restated its offer to acquire all outstanding shares of Barbados Shipping and Trading Company (BS&T), saying the invitation remains open to November 2.The Trinidad company, which already owns 27.9 per cent of BS&T...
Billionaire disclaims ties with Worldwise, FSC issues alert
The Financial Services Commission (FSC) is again warning Jamaican investors about another high-yield scheme operating from Ruthven Road in Kingston, saying neither World Wise Partners Limited nor its products are registered to "legally" transact business...
Cash Plus launches Hillshire as casino hotel, gentleman's club
The old La Mirage hotel in Montego Bay has been rebranded with its managers now saying the small, 21-room property will offer casino gaming as part of a full entertainment package that also includes a 'gentleman's club'. The investment scheme Cash Plus, headed by Carlos Hill...
Jamaica Chamber of Commerce (JCC) demands higher standard for road repair
Having criticised the poor standard of work that has led to the erosion of the infrastructure after three weeks of rain, Jamaica Chamber of Commerce (JCC) president Mark Myers said on Tuesday that the new administration must get the repair job right...
Dubai Ports considering Cuba for container terminal - Feasibility study under way
State-owned Dubai Ports (DP) World, which relinquished control over six United States ports in a political firestorm last year, is studying plans to build a container terminal in the Cuban port of Mariel, business sources said. DP World agreed in early October to do a feasibility...
Half Moon adds US$4m spa to resort complex - Third project under five-year improvement plan
Half Moon Club, a luxury resort in Montego Bay, has been jazzing up its product to offer even more pampering to its clientele, starting with a 68,000-square-foot spa that costs US$4 million ($280 million) to develop. The Fern Tree Spa - the third project to be finalised...
EXPANDING HORIZONS
Getting the right tertiary education is the first step to carving a career path; with the demand for the 'global' executive on the rise, getting an international degree could be an option. Aldain Reid, regional director, RDI North Caribbean, speaks...
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