Jamaica Gleaner Business

Published: Monday Wednesday | July 8, 2009

Confidence on the uptick - Companies believe worst of recession over - But Curtin has doubts
Business confidence in the second quarter has recovered from its all-time low, but though up by 22 per cent over the first quarter is still at its third-lowest point in the past two years of the survey, at 92.7 points. Confidence among consumers, whose outlook... Read More...

Ryanair to introduce standing-room flights
Low-cost Irish carrier Ryanair is hoping to duplicate a concept first introduced by Spring Airlines of China for standing-room aeroplane flights. Media reports in Britain and North America say Ryanair is awaiting the go-ahead from the Irish Aviation... Read More...

To grow business, Scotia invests in outreach - Sets target for 3-4 million client calls
Scotiabank Jamaica and its sister company in Trinidad handle some two to three million customer calls per year, but feel they should be handling as much as three to four million. To reach that target, the bank is pumping close to CDN$5 million... Read More...

JPS revenue hobbled by fuel savings
Operationally, Jamaica Public Service Company (JPS) is reporting a profit of US$22 million (J$1.95 billion) in its first quarter ending March 31, 2009, but with liabilities that track about six times earnings and a multimillion exposure to foreign... Read More...

Seprod/FM Jones to stick to sugar - To inject US$5m into St Thomas operation
Seprod Limited and partner Fred M. Jones Estate will be injecting some US$5 million (J$445 million) initially into the sugar assets just acquired from Government, and pay another US$82,200 per year to lease cane lands in St Thomas... Read More...

PetroCaribe oil price worry
Caribbean leaders fear they may no longer be able to afford oil from Venezuela's PetroCaribe aid programme. Dean Barrow, prime minister of Belize, has criticised a proposal that participants in the programme pay up to 80 per cent of their bills within 90... Read More...

UK court ruling favours Antiguan receiver in Stanford case
A firm appointed by Antiguan authorities to liquidate the assets of R. Allen Stanford's offshore Caribbean bank won control Friday of assets in the United Kingdom worth more than US$100 million, a defeat for a US-appointed receiver in an ongoing fight over... Read More...

Dollar in focus as world leaders meet
China, Russia and India have indicated that they want to see long-term changes in the international monetary system in the wake of the financial crisis that has pushed the world economy into its first synchronised downturn since the Second World War... Read More...

The police detective - Investigating as a career
The Crime Investigation Training Institute (CITI) at Twickenham Park in St Catherine trains detectives for the public sector. To be selected for the coveted posts within the Jamaica Constabulary Force (JCF), one must first be a trained police officer... Read More...