Jamaica Gleaner Business

Published: Monday Wednesday | September 2, 2009

HBO Latin America gunning for 'pirates' - Files complaint against Flow, Logic One, Telstar
Three of Jamaica's largest cable companies are unlawfully distributing HBO and Cinemax programmes, the owners of the content have alleged in a complaint to the Broadcasting Commission, and an executive of HBO Latin America Group says the company is fed up with years of negotiation... Read More...

Pegasus bid deadline extended - Adviser mum on level of buyer interest
Scotia DBG Investments Limited, advisers on the sale of Government's majority stake in the 310-room Jamaica Pegasus hotel, is mum on whether the decision to extend the deadline for submission of bids by more than a month stems from an absence ... Read More...

LIME, Claro in 'cross-rate' agreement to cut charges
LIME Jamaica has slashed the rates for its mobile customers calling Claro Jamaica's network by 42 per cent, saying its intent is to "eliminate the long-standing industry tradition of high cross-network calling rates."The rate cuts became effective... Read More...

UDC to spend $51b on upscale, other homes for Caymanas
The state-run Urban Development Corporation (UDC), which is leading a comprehensive plan to redevelop the expansive Caymanas Estate lands, says it is gearing up to raise as much as J$51 billion to convert 1,240 acres into housing... Read More...

IMF the only option, says Seaga - Deficit climbs to $52b
Former Prime Minister of Jamaica, Edward Seaga, says Jamaica has no alternative but the International Monetary Fund (IMF)."I have been saying that before any decision was taken officially that we would return to the IMF," he said ... Read More...

Rum money running out - EU programme to end despite rum-makers plea
The European Union (EU) is sticking to its guns that the integrated rum programme, which funds the modernisation of the rum producing plants in Cariforum countries and prepares regional producers for full liberalisation of the EU rum market... Read More...

Stanford still hospitalised - Court documents offer new details of scheme
A lawyer for Texas billionaire R. Allen Stanford, says his client has had a medical procedure that allows doctors to diagnose and treat heart conditions. Criminal defence attorney Dick DeGuerin told the Houston Chronicle... Read More...

Brazil given OK to sanction US in cotton row - But denied US$2.5b compensation
American goods will face around US$295 million in annual sanctions as a result of the United States' failure to eliminate illegal subsidies to US cotton growers, the World Trade Organization ruled Monday. The result was disappointing for Brazil... Read More...

EU countries to phase out standard light bulbs
A European Union-wide phase out of power-draining light bulbs to more energy efficient ones will start Tuesday, the European Commission said. The new rules follow an agreement reached by the 27 EU governments last year to phase out the traditional... Read More...

Impressing with a good objective statement
In constructing your resume, you should craft an objective statement that fits the job market, the job or career you are seeking, and that fits your education and experience.Your Objective or Career Objective is the first major topic of your résumé... Read More...