Jamaica Gleaner
Published: Sunday | November 8, 2009
Home : Business

NCB hits $10b profit mark
National Commercial Bank of Jamaica (NCB) became the first home-based listed company to report profit above $10 billion, announcing the big number Friday, even as some of its customers struggle to service their loans in the...

New boss for HEART in two weeks, Interim head says agency to stay the course on college plan
George Ramocan, acting executive director of the HEART Trust/NTA, says his stay at the training agency will be short and intended to facilitate a smooth transition for the new head being recruited.

Ageing, a challenge for health-care inflation - FSC
Jamaica's ageing population is creating an increasing burden on the young and could potentially develop into another type of economic problem - health-care inflation - according to pensions regulator Rohan Barnett.The executive director of the Financial...

Browsing for bargains, Online shopping surges in 2009
Internet usage has increased significantly in Jamaica since 2003 and, with that has come a surge in the numbers shopping for goods online, reflected in the membership growth of courier company...

MailPac to offer 'e-shopping' credit card, Expands to Ocho Rios
MailPac Services Limited, which lays claim to a client base of 10,000, is planning to provide service users with their own credit card for online shopping in 2010.The Internet shopping company just...

Making a business of leather, creative craft
What if, instead of number crunching or organising work flow, your talent lay in, say, natural talent - the artistic ability to create, backed by the commercial sense of what clients would pay top dollar to acquire.

Caribbean relations with a federalised Europe
On November 3, the Czech president became the last of 27 European heads of state to ratify the Lisbon Treaty, a document intended to make Europe more democratic, transparent and efficient.At the stroke of a pen, he ensured that Europe will deepen its...

From inside the markets
This week, the finance ministry will open subscriptions to Fixed Rate 17.125% Investment Debenture 2011 Series Ca, November 11 to 14.The coupon or interest is fixed at 17.125 per cent per annum with semi-annual interest payments until maturity at August...

Insurance against uninsured drivers: Is it worth it?
Question: ICWI recently introduced protection against uninsured motorists. This is being offered at an additional cost to the basic premium. In one flier, the company stated that being hit by an uninsured driver "could mean paying a deductible, losing your no-claims-discount and having to pay increased premiums."


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