Guardian Holdings takes a hit - Posts loss of TT$236m
For the first time in its history, the Trinidad and Tobago conglomerate, Guardian Holdings Limited (GHL), has posted a loss of almost a quarter billion dollars, which the group's top executives have attributed to the negative performance of regional capital markets...
C&WJ adjusts TDMA timetable
Cable and Wireless Jamaica Limited (C&WJ) retreated, but only temporarily, from plans to fully lock down its TDMA network on Thursday, saying it will retain two cell sites to service the Pedro Cays, an offshore community largely populated by fishers...
As building societies compete, the sector grows - Assets up 18% to $106b
Jamaica's building societies grew loans by $7.5 billion last year, new central bank figures suggest, contributing to a 21 per cent increase in the societies' mortgage stock as interest rates fall and the lenders compete among themselves for market.
'We will catch and punish you' - NHT warns delinquent employers to pay up
Days ahead of the March 31 deadline to file NHT returns, the state housing agency has warned that it is devising harsher punishment and a more effective system to track employers who fail to follow through on their statutory obligations....
The right workforce a magnet for investments - Jamaica needs educated workers, says Gregory
The new president of Jamaica Trade and Invest (JTI), Robert Gregory, in his first public-speaking engagement, chose a topic in which he was truly grounded - the need for Jamaica to change the profile of its workforce.
ANALYSIS - Davies' budget challenge: taming the fiscal deficit
The Minister of Finance is likely to have had a very challenging job in preparing the budget to be tabled in Parliament on Thursday, faced with the task of plugging what must now be a very familiar financial gap. Revenues and expenditures, respectively, are significantly higher...
Merged Rusal to list within three years
Russia's aluminium billionaires yesterday said they would float the merged Rusal firm within three years as the country enhances its presence on global resources markets.The new United Company RUSAL will produce one eighth of the world's aluminium, surpassing Alcoa Inc and Alcan Inc,...
High school reveals no vitamin C in Ribena
(AP):Global drugs company GlaxoSmithKline PLC was fined NZ$217,000 (US$156,000; euro117,000) in New Zealand for misleading advertising Tuesday after two science students found its iconic black currant drink Ribena contained no detectable vitamin C.
Child poverty in UK up
(Reuters): The number of children living in relative poverty in Britain has risen for the first time in six years, dealing a blow to the government's target of halving child poverty by 2010. Official data yesterday showed 2.8 million children were living in households where income...
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