Jamaica Gleaner Business
Published: Monday Wednesday | May 20, 2009
Cement battle rages again - PM asks JMA to weigh in
Acceding to a request from Prime Minister Bruce Golding, Jamaica's manufacturers will meet today behind closed doors to chisel out a position on cement amid the lobby by the Rockfort monopoly producer... Read More...
Pepsi Jamaica to take on new brands under new owner - CABCORP deal to close in third quarter
Pepsi-Cola Jamaica Bottling Company Limited is to have a new ownership structure, following the sale of 82 per cent of its Caribbean holdings by parent PepsiAmericas.On Monday, PepsiAmericas announced that it had reached a deal with Central America Beverage Corporation ... Read More...
Pan Jam 'deeply concerned' about H&L investment
For the past three years, conglomerate GraceKennedy Limited has been experimenting with different strategies for struggling subsidiary Hardware and Lumber Limited, and while there have been periods of sunshine, nothing has worked so far to put the the company... Read More...
New game plan - Barbados PM announces job-saving scheme
Barbados Prime Minister David Thompson Monday revealed plans for a new job stabilisation plan for the tiny country of 270,000 but said domestic taxation would largely be held steady, as he delivered a BDS$3.6 billion (US$1.8 billion) budget in parliament... Read More...
Letter - NIR prediction was 'worst-case scenario'
THE EDITOR, Sir: I am extremely disappointed by the article published in the May 15, 2009 issue of the Financial Gleaner titled 'Doomsday NIR prediction rattles financial sector'.The piece completely misrepresented my statements ... Read More...
Hybrid price war - Toyota's revamped Prius vs Honda's Insight
Toyota rolled out the revamped Prius on Monday, and said it already had 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition with Honda's rival offering, the Insight. The world's largest automaker said it aims to sell up... Read More...
Oil climbs to US$60
COLUMBUS, Ohio (AP): Oil prices appeared to take their cue again from the stock market, pushing higher Tuesday even as new data suggests any economic rebound that might spark demand for gas or other fuels may take some time.Benchmark crude for June... Read More...
