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Jamaica Gleaner Business
published: Wednesday | July 19, 2006

LEE CHIN - takes Medical Associates Hospital
MICHAEL LEE Chin's fund management company, AIC, is spending $65 million for a 67 per cent stake in Kingston's privately-owned Medical Associates Hospital and has invited the Delhi-based hospital consulting and health care group, Apollo...

Islandwide power cut has limited impact on business
THE ISLANDWIDE power outage which lasted from Saturday into Sunday morning hurt some retailers, but many businesses sailed through it with little impact, according to early reports.


Sugar Company CEO quits
Livingston Morrison, chief executive officer of the Sugar Company of Jamaica (SCJ), resigned as head of the organisation last Friday. His resignation becomes effective at the end of September 2006, which chairman for the SCJ ...


NCB Capital Markets preference shares offer 11.75 per cent return
NCB CAPITAL Markets Limited has offered a return of 11.75 per cent on the $300 million in preference shares it will bring to the market next month, but says that it could tack another 1.5 percentage points to the dividend if the company's return...


Independent power supplier confirms JPS power cut assessment
JAMAICA ENERGY Partners, the largest of independent suppliers of electricity to the Jamaica Public Service Company (JPS) grid, confirmed yesterday that its system tripped during Saturday's national power blackout.


Why Jamaicans leave
LIKE MOST every one of these weekly articles, last week's on "Why Jamaicans Excel Abroad" stimulated a large number of responses here in Jamaica and from overseas. Some of these responses were extensive and others were pithy and to the point.


Moody's concerned about T&T spending
PORT-OF-SPAIN (Trinidad Guardian): MOODY'S INVESTORS Service has upgraded Trinidad and Tobago's foreign currency bond rating to Baa1 from Baa2 in light of continued improvement in the country's external position and declining debt ratios.


It all comes back to traffic
NO ONE likes traffic right? However, when it comes to the Internet or a website, high traffic is good, yes there is good traffic. Proper advertising plays an important part of increasing traffic online.


New investor takes over Spirit Airlines
ATLANTA (Associated Press): DISCOUNT CARRIER Spirit Airlines Inc., which started scheduled service to Jamaica last November, said a new ownership group has taken control of the closely held airline with an injection of financing aimed at fuelling...


Hair to stay! - How Anthony Wade changed black cosmetics
TRY to imagine a world without braids, weaves, relaxers, wigs or even salons. As difficult as that may seem, it may have been a reality in the United Kingdom were it not for business brains Anthony Wade, M.B.E., and his partners, Len Dyke and Dudley...




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