Jamaica Gleaner
Published: Friday | January 18, 2013
Home : Business

NCB drops cambios as clients
National Commercial Bank (NCB) of Jamaica has told Jamaica's cambio sector that it no longer wants their business, setting off a firestorm in the foreign-exchange market.The Cambio Association of Jamaica has turned to the minister of finance to...

Fontana buys Azmart
Fontana Pharmacy has acquired Azmart, a harberdashery business in Barbican, which also operates a drug window.The price was not disclosed.The acquisition gives Fontana a presence in Kingston.Fontana will take over the...

Split emerges on rollback of tourism tax subsidies
For decades, tourism investors have relied on generous tax waivers to drive their business, but the Government is broke and the sector is about to lose a fair chunk of those concessions. Already, resort owners are warning that the policy shift will choke off...

NEPA tests new technology for beach restoration - New beach licences on hold
Jamaica's environmental watchdog is about to test a biological product called ShoreLock that promises to restore shorelines by replenishing sand.In the meantime, it has put a hold on new beach licences...

Privatising the port
Last Friday's Financial Gleaner tells us Government intends to privatise the Kingston Container Terminal, lists the team chosen to manage this process and offers titbits of the group's terms of reference...

Boeing Dreamliner grounded
Lithium batteries that can leak corrosive fluid and start fires have emerged as the chief safety concern involving Boeing's 787 Dreamliner, a problem that apparently is far more serious than company officials acknowledged less than a week ago....

Blue Mountain Coffee Break
A number of factors have brought us to this desperate economic juncture, one that we often overlook is the opportunities which we have missed.


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