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Latest News

COK credit union’s urplus falls to $80.9m

The net surplus of COK Credit Union fell sharply to $80.9 million last year, down from $123.1 million as at the end of December 2006.  

Interest expense, climbed to $363.8 million last year, up from $297.7 million during the

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Flooding in US will drive food prices

The current flooding in the US Midwest, the heartland of corn, wheat and soybean production, as well as vegetable production will help to drive international and local food prices, and inflation higher. The cost of the damage in Iowa is

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Unemployment climbing

 The country’s unemployment rate, which climbed from 9.7 per cent in October of 2007 to 10.2 per cent in January of this year, is likely to surge higher, following the move by the loss-making Jamaica Urban Transit Company (JUTC) r

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Gov’t gets US$350m for budget financing

The cash-strapped Government of Jamaica (GoJ) raked in some US$350 million of the US$600 million it needs to finance the budget from the international capital markets last week Tuesday.         This was just

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A new look for KFC

Although the Minister of Agriculture Christopher Tufton wanted to see the introduction of cassava fries on the KFC menu, he had to be content with just admiring the new look menu board that has been introduced as part of a new look resta

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Polls say Jamaicans reeling under galloping inflation

 The latest Bill Johnson polls, confirm the findings of Dollars & Sense’s own research  that consumers who are fixed income earners and pensioners are reeling under the spreading inflation virus, which is all internationa

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NCB now controls 35% of banking sector’s capital

The Michael Lee Chin controlled, National Commercial Bank Jamaica Limited capital base is now $25 billion or 35 per cent of the total capital base of the Jamaican banking sector, according figures released recently by the Derick Latibeau

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Private sector must help fight crime – IDB

Senor Louis Alberto Moreno, president of the Inter-American Development Bank (IDB) says the private sector needs to work closely with the government in order to contain the spiraling crime and murders rates, which are costing the country

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Investing in solar can help reduce poverty- Professor Yunus

Professor Mohammad Yunus, Nobel Laureate and head of the Bangladeshi-based Grameen Bank says that investing in solar technology could help Jamaica to reduce poverty. Speaking at the Fifth Annual Scotia Bank Lecture Series at the Jamaica

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Call for implementation, enforcement

Environmental non-government organisations (NGOs) and interests are calling on the government to demonstrate the political will to actually implement solid policies related to environmental protection and management and ensure that they

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