JPPC knocks ESET - But Lawrence pushes back on claims of IPP neglect

Dr Vincent Lawrence, consultant in charge of the Electricity Sector Enterprise Team (ESET), said Tuesday that fears expressed by independent power providers (IPPs) that they will be excluded from the planning process for future energy generation are unfounded.

Lee-Chin to acquire cocoa assets

Michael Lee-Chin's Wallenford Limited has been selected as preferred bidder for the commercial assets of the Cocoa Industry Board, the Development Bank of Jamaica confirmed Tuesday.

GK rethinking venture capital strategy - Buys bigger stake in St Lucian general insurer

GraceKennedy has more expansion plans for Jamaica and the Caribbean, which include the takeover of St Lucian company EC Global and its foray into Jamaica's evolving venture capital market through new subsidiary GK Capital Management Limited, says Group CEO Don Wehby.

Downsound Records owner acquires 14% of KLE

The KLE Group announced the sale of just about 14 million shares to Joseph Bogdanovich, owner and operator of Downsound Records, after prodding some of its directors to sell some of their holdings.

Public bodies must submit financials in six months

To enhance trans-parency in Jamaica's public bodies, annual reports, including audited statements, will be completed within six months of the end of the financial year as part of public-sector reform under the economic support programme with the International Monetary Fund (IMF).

This week's big number: J$14.3B

McPherse ThompsonAssistant Editor - BusinessTo enhance trans-parency in Jamaica's public bodies, annual reports, including audited statements, will be completed within six months of the end of the financial year as part of public-sector reform under the...

A failure at accountability

The Passport Immigration and Citizenship Agency (PICA) has had no accounts for the last six years.

KCT container moves second lowest in 10 years

The volume of containers handled at Jamaica's main cargo port, Kingston Container Terminal (KCT), during financial year 2013-14 was the second lowest in a decade, according to the company's annual report released last Wednesday.

H&L upgrades Portmore store

Hardware and Lumber Limited (H&L) has finished upgrading its Rapid True Value store in Portmore at a cost of $35 million, according to Don Wehby, CEO of parent company GraceKennedy.

Businesses face 'day of reckoning' - Nationalist issues threat; Union camp seizes on 'ugly' side of rivals; Yes impetus falters

With the latest opinion poll suggesting a Yes surge had stalled, the No Campaign sought to maintain momentum by seizing on threats by a former senior nationalist that banks would face a "day of reckoning"...

Cameron in last-ditch pledge to Scots

David Cameron has joined his political rivals to reassure Scotland on future government spending, during a last-ditch visit north of the border to appeal to voters to reject independence in Thursday's referendum.

New Jersey loses fourth casino as Trump Plaza closes

The supervisor drew his finger in a slashing motion moments after the final hand of blackjack had been dealt at the Trump Plaza Hotel & Casino.

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