Jamaica Gleaner Business
Published: Monday Sunday | December 28, 2008
Mutual fund misfortune - Equity drained but bonds still hold promise
Mutual funds invested in the equities market have taken a beating with the downturn in stock markets around the world, say experts in the market.
Personal Financial Advisor - The good and bad of hire purchase
Many persons owning household items such as refrigerators and furniture would not likely have owned them if it had not been for hire purchase. Yet, there are some negative views about it. Is hire purchase really as good as its use seems to suggest or is it a facility that consumers should avoid?
CVM closes down Hot 102 MoBay
The CVM Group will be closing its Hot 102 FM radio operations in Montego Bay on December 31.The move eliminates 15 jobs, including sales, news, sports, technical operations and administration.
Cemex sells stake in TCL
Cemex, producer of cement and building materials, is to sell its 20 per cent share ownership in the TCL Group, a producer and marketer of cement and ready-mix products in the Caribbean.
Hanna develops villas in Portland
Errol Hanna, managing director of Portland Seacliff Development Limited, is spending US$8 million to develop a 28-villa get-away at Long Bay, Portland. The development, which is the first for Hanna, covers more than seven acres of land just 25 minutes drive from the capital, Port Antonio.
'The market will settle'
"It was the best of times, it was the worst of times," wrote Charles Dickens of the French Revolution, in his novel, A Tale of Two Cities. His point was that turbulent times, even revolutions, contain within them both the good and the bad, the positive and the negative, the best and the worst.
On the loose in Bookland
It sits snugly, almost hidden, between other stores on Knutsford Boulevard, but for ardent consumers of books, Bookland is in plain view. And in tribute to its customers who have remained loyal, owners, Novelty Trading Company, has expanded, from one to two floors, much to the delight of the worshippers of literature.
The year ahead for the Caribbean
For many, for reasons of family, religion and tradition, Christmas is both a moment of reflection and celebration; a time to look back, take stock and to consider what might lie ahead.
Fundamentals overlooked in stabilisation plan
Jamaica's foreign-exchange system has been under pressure for the last several weeks, exacerbated by the international financial market crisis and its attendant effects on global economic activity.
