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Sliding dollar a double whammy for consumers and taxpayers

This year’s 9 per cent in the value of the Jamaican dollar against its United States counterpart will have a multiplied negative effect on Jamaican consumers and tax payers because of its impact on inflation and debt service charges. R

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Sliding dollar a double whammy for consumers and taxpayers

This year’s 9 per cent in the value of the Jamaican dollar against its United States counterpart will have a multiplied negative effect on Jamaican consumers and tax payers because of its impact on inflation and debt service charges. R

Read More »

NCB Group nets $8.7 billion

 The Michael Lee-Chin-controlled National Commercial Bank Group Limited (NCB) generated net profits of $8.7 billion or $3.54 per share during the year ended September 30, 2008, despite the write-off $1.23 billion by NCB Capital Mark

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NCB Group nets $8.7 billion

 The Michael Lee-Chin-controlled National Commercial Bank Group Limited (NCB) generated net profits of $8.7 billion or $3.54 per share during the year ended September 30, 2008, despite the write-off $1.23 billion by NCB Capital Mark

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Air J strengthens management structure

Air Jamaica has now restructured its management team with the addition of three top management personnel. In a release, the company says that the experience, commitment and dedication of this team, Air Jamaica is now well positioned to a

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Air J strengthens management structure

Air Jamaica has now restructured its management team with the addition of three top management personnel. In a release, the company says that the experience, commitment and dedication of this team, Air Jamaica is now well positioned to a

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IMF team assessing country’s economic performance

 A team from the International Monetary Fund (IMF) is in the island to assess its economic performance at time when the dollar is falling; interest rates are spiking; growth is slowing and the ratings agencies are threatening to dow

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IMF team assessing country’s economic performance

 A team from the International Monetary Fund (IMF) is in the island to assess its economic performance at time when the dollar is falling; interest rates are spiking; growth is slowing and the ratings agencies are threatening to dow

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Air Jamaica could be grounded next year

The cash strapped debt ridden national airline Air Jamaica could be grounded during the first quarter of next year, if Senator Don Wehby, minister without portfolio in the Office of the Prime Minister,  does not find a buyer by then

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Scotiabank, ICC to host seminar on energy efficiency

Although world energy prices have fallen by over 50 per cent from the peak of US$147.27 per barrel, Scotiabank Small Business Banking, in conjunction with the Inter-American Investment Corporation (IIC), will be hosting a seminar for small

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