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C&W to spend $2 billion on network improvement

 Cable & Wireless Jamaica Limited will spend US$30 million (J$2.1 billion) to transform its core mobile network and introduce G3 capabilities to the greater Kingston, St Catherine and St Thomas areas, making it the most modern n

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C&W to spend $2 billion on network improvement

 Cable & Wireless Jamaica Limited will spend US$30 million (J$2.1 billion) to transform its core mobile network and introduce G3 capabilities to the greater Kingston, St Catherine and St Thomas areas, making it the most modern n

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Higher debt service charges

The decision by Derick Latibeaudiere and his team at the central bank to hike all its benchmark rates by an average of 50 basis points last week will push the amount of money needed to service the country’s trillion dollar debt higher

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Ja’s US dollar to total debt higher than LAC counterparts

 Jamaica’s high inflation rate and debt compared with that of its Latin American and Caribbean counterparts, have weakened its currency, making it difficult for the country to improve its credit rating while borrowing from the int

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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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