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Jamaica Gleaner Business
published: Wednesday | December 28, 2005

What's in store for next year?
WHAT DOES 2006 hold for the economy in general and the stock market in particular? First, according to at least one expert, 2005 wasn't really a bad year for the economy if you exclude external events - namely, oil...

How much progress did Jamaica make in 2005?
AS 2005 draws to a close, it is a useful exercise to perform a brief review of the progress (or lack thereof) that Jamaica has made in the course of the year as measured by some key economic, financial and social indicators.


Welcome to Jamaica's wireless office
WHEN NIGERIAN-BORN marketing expert, Nnamdi Eguh, saw the limited opportunities to use his expertise after living in Jamaica for 18 years, he took stock of his situation and decided to make a change.


Jamaica Mortgage Bank drops lending rates
THE JAMAICA Mortgage Bank (JMB), which enjoyed buoyancy in its financial performance and annual profits during 2005, is now lowering lending rates by three percentage points, effective January 1.


No improvement in deficit visible
ANALYSIS 1. FISCAL DATA: For the first 7-months of the fiscal year, the Government of Jamaica's fiscal deficit stood at $22.4b, $5b worse than planned due to an $11b fall in revenues ($96b) relative to projections.


Air Jamaica links St Lucia
AIR JAMAICA and the St. Lucia Ministry of Tourism have announced the introduction of non-stop Lovebird A320 service from New York's JFK International Airport to the island of St. Lucia, effective February 23, 2006.


Santa's sack lighter this Christmas
ECONOMIST DENNIS Chung counts inflation as a key component in the slowdown of business this Christmas. A small sample of key retailers in the island supports the fears that had been expressed going into the season - there might be a lot of caring...


Has South Africa's wild rand finally been tamed?
JOHANNESBURG (Reuters): HAS THE 'wild child' of the emerging markets finally settled down, or is South Africa's rand just taking a breather? For much of the past decade, the currency has experienced spec-tacular ups followed by crashing downs.


T&T's 'freebie' to Alcoa
PORT OF SPAIN (Trinidad Guardian): NO MATTER how they hide, disguise or package it, the deal is 15 years free gas to Alcoa plus subsidised electricity. That, according to informed sources, is a conditionality to which the Trinidad Government has agreed..


Breezes Montego Bay gets facelift
SUPERCLUBS' BREEZES Montego Bay has completed a multimillion-dollar facelift, which the Super Inclusive resort group says will give the 124-room resort a more competitive edge in the international tourism destination marketplace.















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