05222012Headline:

UTech’s unpaid tuition fees grow to $270m

The University of Technology (UTech) has more than a quarter of a billion dollars outstanding in uncollected tuition fees, in a growing problem for the institution.Some $270.5 million of fees remained outstanding according… See the original [...]

Poking holes in the PM’s crisis plan

Prime Minister Bruce Golding struck a sober and conciliatory tone in his Budget presentation Tuesday that covered a wide cross-section of issues.In certain areas it provided greater information and clarity on the plans… Read the original [...]

Government proposes new lending institution – Wehby leading talks

The Golding administration is trying to spark private-sector interest in a plan for a new lending agency that is meant to offer alternatives to the commercial banks and state-owned Development Bank of Jamaica (DBJ). The intent is to help those [...]

Four investors vie for Pegasus – But hotel owners seek rules change ahead of share sale

Four potential bidders are already lined up to buy the Government’s 60 per cent stake in Pegasus Hotels of Jamaica Limited, operators of The Jamaica Pegasus, the four-star hotel located in the heart of the New Kingston business hub… Continued [...]

Wray & Nephew expands rum warehouse – Taps EU funds for reinfrastructure, marketing projects

Wray and Nephew, the manufacturer of Jamaica’s famed Appleton rums, will today formally open an upgraded ageing and blending facility at its Kingston headquarters, one of a series of enhancements by the distillers that were partly financed [...]
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