Jamaica Gleaner Business
Published: Monday Sunday | July 19, 2009
JPS hurricane charge ends - $800m fund in place to cover future storm losses
A surcharge on electricity bills to pay for damage suffered by the light and power company from Hurricane Ivan in 2004 will come to an end this month, offering some measure of relief to the near 600,000 customers of monopoly power distributor, Jamaica Public Service Company (JPS). Read More...
C&W plans more job cuts - Caribbean operation underperforming
Telecommunications company, Cable and Wireless (C&W) Plc, says it plans more cuts in its Caribbean operations as a result of a slowdown in business, due to the global economic crisis. Read More...
How to take on the Goliaths of New Kingston
My wife drives a Honda Civic, which is insured on the same policy as mine. On February 5, while driving along the Spanish Town leg of Highway 2000, she saw a friend whose car had run off the road. She stopped, parked on the soft shoulder and went to give assistance. I also went to the scene after receiving a call from her. Read More...
Breaking into Jamaica's $89b music market
On Love Lane in Jones Town, Kingston, young men attached to the Triple L recording studio have plans to earn some J$5 million this year from the release of an album, Shaddup and Lissen, and an already created rhythm - the Five Series. Read More...
Making money from music
Under copyright laws, songs aired in Jamaica earn the songwriters registered with the Jamaica Association of Composers, Authors and Publishers (JACAP) an estimated J$30 million per year. But the money represents a portion of the song royalties generated, and even the money collected by the JACAP does not all go to local talent. Read More...
Financial services and international law - What a US$8b lawsuit means for Antigua
It must be rare, if not unique, for a lawsuit to threaten the viability of a whole nation. Yet bizarrely, that is what a US$8 billion case launched against Antigua threatens to do. Notwithstanding, it also raises important long-term questions about whether the national and regional Caribbean financial regulatory environment... Read More...
