BOJ changes course - Latibeaudiere willing to appear before Finsac inquiry
Having in the past been unreceptive, or at best lukewarm, to the idea of appearing before any public hearing into the financial sector melt-down of the 1990s, the Bank of Jamaica (BOJ) now says it would testify in an inquiry into the so-called Finsac affair, if required to do so....
Red Stripe moves to protect brand - Fears negative impact of dancehall on foreign markets
The decision by the Jamaican brewers, Red Stripe, to withdraw sponsorship of live music shows is being driven by the need to protect the integrity of the brand globally, in the face of the company's strategy internationally, remarks by the company's managers suggest...
Lewis mystified by Salada's price
The price of Salada's stock may have drifted downward on the Jamaica Stock Exchange this week. It closed yesterday at $90, a decline of $25, but its mostly sharp climb in recent weeks has mystified the market, not the least of whom is the major shareholder, Donovan Lewis.
Grace sends Michael Ranglin to head UK subsidiary - Orane makes raft of managerial shifts at GK Foods
Orane makes raft of managerial shifts at GK FoodsGraceKennedy has sent Michael Ranglin, the deputy head of its food division, to London to replace his boss, Irwin Burton, as CEO of WT Foods, the British ethnic foods manufacturer and distributor it acquired a year ago. Burton has been promoted...
FSC brings loss adjusters, insurance pros under umbrella
The Financial Services Commission, the regulatory authority for the insurance industry, is on a drive to bring all players in the sector, including loss adjusters and insurance consultants, under its formal jurisdiction. Until now, the FSC, has primarily focused on policing...
Taming the scrap business
It used to be the Wild West of exports, unfettered by rules and regulations. But the Government appears to be having success in bringing order to the trade in scrap metal. But success, it seems, has its price. Not only are there fewer complaints from government agencies...
Churches Credit Union goes for growth - Naar driving business with new products, changed attitudes
He may have grown the institution's surplus by nearly 40 per cent last year and achieved a return on assets which few banks could sneer at, but that is not enough for Basil Naar at Churches Co-operative Credit Union (CCCU). Now, Naar is on a mission for robust growth as he attempts...
EPA not ideal, but holds promise - Abbott
British Labour Party MP Diane Abbott warned yesterday that the Carib-bean will only be able to tap the potential benefits of its free-trade agreement with the European Union (EU) in the context of tighter regional integration. "I think the region needs...
Small Businesses Association of Jamaica (SBAJ) to focus on procuring contracts
The Small Businesses Association of Jamaica (SBAJ) is moving to build its capacity for securing contracts for large and complex projects by creating a consortium of qualified professionals. The association will also use the initiative to build on membership as well as build the expertise...
The value of chaos and of free health care
Last week in conversations with two friends, the topic of free health care came up.One of them was at the gathering of students to whom Michael Manley announced provision of free education to the tertiary level at the Assembly Hall of the University of the West Indies in the early 1970s...
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