Scotia DBG retreats from Trinidad
Jamaica's Scotiabank DBG Investments Limited is selling its Trinidad operation to affiliated company Scotiatrust and Merchant Bank Trinidad and Tobago Limited, a disclosure made in Port-of-Spain this week. Scotiabank Trinidad, parent to Scotiatrust, in its six-months...
Hunkered down for Gustav
On Wednesday, Jamaicans were sceptical that Gustav would have trampled the island.At worst, they expected strong winds to the north. On Thursday, the ritual of last minute preparations began as shoppers stormed grocery stores to stock up on food...
Sagicor strong but Jamaica worried by inflation
Sagicor Financial Corporation, strengthened by its Jamaican subsidiaries, has recorded a solid half-year performance in which its net profit climbed 25 per cent at the end of June 2008.For the six month period, the Barbados-based insurance conglomerate, garnered net income...
Playing catch up to inflation - Interest rate crests 15%
Jamaica's treasuries rose to a new high this month above 15 per cent as interest rates continue to trend up, but not enough to offset inflation which the central bank now estimates could end as high as 17 per cent this fiscal year. The six-month treasury bill...
Any time for business: Thriving commerce in a storm
The supermarkets and petrol stations, especially, should be busy today, or whenever the storm, Gustav passes. As they were yesterday, but in the back offices, reconciling the books. They were crowded yesterday. With Gustav bearing down hard and threatening to sidewipe...
EU appeals WTO banana ruling
The European Commission on Thursday filed an appeal at the World Trade Organisation against a ruling that found European import tariffs for bananas unfairly discriminated against Latin American countries.
Moving forward while standing still - Yet another attempt at political union
Ever since the famous mathematical equation 'One from 10 leaves nought' signalled the collapse of the West Indian Federation in 1962, after Jamaica's pull out, there have been several attempts at forging closer unity among the countries of the Caribbean...
EPA deadline a moving target - It's October 31 or nothing, says EU
A senior European Union diplomat in Kingston warned Wednesday that Caribbean countries that fail to sign a trade pact the region negotiated with EU by the October 31 deadline will lose preferential access for their product into the European market. The EU would simply revert...
Commentary - Time for statesmanship, not bluster
Here's a toss up. I desperately wanted to abandon the column prepared for today, sharing instead thoughts on the Olympics, Jamaica's performance as well as potential lessons we might take from our athletes' excellence and China's preparation for the games-displaying...
Letter - 'Clarke in charge'
THE EDITOR, Sir: You have made a serious error in The Gleaner of August 27 (page D2), which we are asking you to retract. The last sentence in the third paragraph of the article titled, 'Bill Clarke's last hurrah' states...
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