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LATEST FINANCIAL NEWS

•	Sep 08, 2010 Defaulting corporate borrowers gut FCIBJ profit FirstCaribbean International Bank Jamaica Limited got slammed in the third quarter ending July 31 by lower revenues and loans gone bad, but squeaked by with a near negligible J$337,000 of profit - J$3.71 million with tax credit or 1.4 cents per share. [ more . . . ]
•	Sep 07, 2010 Guardian Holdings Limited Press Release – GHL Shareholders Unanimously Approve US$75 Million IFC Transaction Guardian Holdings Limited (GHL) is pleased to announce that the final step to closing the proposed US$75miliion investment by the IFC into the equity of GHL by the International Finance [ more . . . ]
•	Sep 07, 2010 Guardian Holdings Limited – Notice to Shreholders - GHL Shareholders Unanimously Approve IFC Transaction Demonstrating very strong support to the proposed IFC capital raising transaction, the Shareholders of Guardian Holdings Limited voted unanimously in approving [ more . . . ]
•	Sep 03, 2010 New online banking services from Scotia SCOTIABANK has added cross currency transfers and foreign exchange purchasing to its online banking service. [ more . . . ]
•	Sep 03, 2010 NCB fights back at fraudsters Don't mess with NCB. That is the message the country's largest indigenous banking institution is sending to fraudsters involved in debit and credit card scams in Jamaica. The police have reported that with the crackdown on the lottery scam, unscrupulous persons have turned their attention to bank card fraud. [ more . . . ]
•	Sep 03, 2010 First Global Bank reduces lending rates First Global Bank (FGB), a subsidiary of GraceKennedy has announced the reduction in its base lending rates by 200 bases points, or two per cent. [ more . . . ]
•	Sep 03, 2010 FirstCaribbean still struggling to hold its own in banking arena. Reports flat earnings for nine-month period FirstCaribbean International Bank, the largest indigenous banking entity in the region, continues to struggle to make its presence felt and to pose a real threat to its competitors. [ more . . . ]
•	Sep 03, 2010 JMMB's net profit up 12 per cent in June quarter Jamaica Money Market Brokers (JMMB) managed to navigate through choppy waters employing diligent skills despite being severely buffeted by foreboding squalls that put its abilities to the test. [ more . . . ]
•	Sep 03, 2010 Sagicor chief keeps faith with Caribbean President and chief executive officer of the Sagicor Financial Corporation Dodridge Miller believes that once the financial environment settles in the Caribbean, growth will be in excess of ten per cent. [ more . . . ]
•	Sep 02, 2010 Scotiabank Trinidad & Tobago Limited - Appointment of Director Scotiabank Trinidad & Tobago Limited has advised the Stock Exchange that Mr. Claude Norfolk was appointed a Director of the company on August 26, 2010. [ more . . . ]
•	Sep 02, 2010 LJ Williams Limited - Notice of Annual Meeting L.J. Williams Limited has advised the Exchange that its Annual Meeting will be held on Friday 17th September, 2010 [ more . . . ]
•	Sep 01, 2010 Scotia DBG takes majority share of collective investment market Signifying a major shift in its business model from repurchase agreements to mutual funds and unit trusts, Scotia DBG Investments (SDBG) has become the dominant player in the market for the combined collective investment schemes with 52 per cent of the US$347.9 million ($31 billion) market. [ more . . . ]
•	Sep 01, 2010 Banks secure interest margins. Financial sector firms pass on post-JDX rates to creditors, maintain pre-JDX margins FINANCIAL institutions matched reduced income on government paper with even lower payouts to their clients and creditors to maintain margins held before the Jamaica Debt Exchange (JDX), when rates were in the high twenties, a Business Observer survey has shown. [ more . . . ]
•	Sep 01, 2010 Hi-Lo Portmore to open in Nov, hire 50 persons Approximately 50 persons will be employed at a Hi-Lo Food Stores supermarket to be opened at the end of November in the Portmore Pines Shopping Centre in Portmore, St Catherine. [ more . . . ]
•	Sep 01, 2010 JMMB seeks to triple preference share pool ahead of share issue JAMAICA Money Market Brokers Limited's (JMMB's) shareholders will decide later this month if they will approve an additional three billion preference shares aimed at raising capital through the issue of a more "attractive" class of investment. [ more . . . ]
•	Sep 01, 2010 Scotia refocusing on customer convenience to grow business Scotia Group Jamaica Limited says it will be refocusing on core business to grow its customer base, while making it more convenient for clients to do business with the bank as it de-emphasises trading and investment activities. [ more . . . ]
•	Aug 30, 2010 Jamaica passes IMF performance targets, West Kingston fall out limited International Monetary Fund (IMF) mission head Trevor Alleyne announced at a press conference on Friday that "All quantitative performance targets were met". [ more . . . ]
•	Aug 30, 2010 Scotia loses $150 million in card scams Scotiabank Jamaica has lost $150 million over the last nine months in debit and credit card fraud, the bank has disclosed. [ more . . . ]
•	Aug 30, 2010 CLICO Mortgage & Finance Corporation (CMFC) sale finally closed Barbados Public Workers Co-operative Credit Union Limited formally acquired CLICO Mortgage & Finance Corporation (CMFC) on Friday. [ more . . . ]
•	Aug 30, 2010 Government savings bonds up for sale this week LOCAL investors will have another chance to buy into an issue of Government Savings Bonds which will go on the market from Wednesday. [ more . . . ]
•	Aug 30, 2010 JMMB plans new share offering. Needs to replace $2.5b shares JAMAICA Money Market Brokers Limited (JMMB) plans to issue new preference shares next January to replace $2.5 billion worth of shares that become due in December, when the firm plans to fully pay back for those shares. [ more . . . ]
•	Aug 30, 2010 Jamaica Money Market Brokers Limited – Addendum to the Notice of Annual General Meeting The following addendum to the Notice of Annual General Meeting was issued by Jamaica Money Market Brokers Limited. [ more . . . ]
•	Aug 27, 2010 Needy GOJ sinks BOJ deeper in the red The Bank of Jamaica (BOJ) advanced an additional half a billion dollars to the Government of Jamaica in a two-week span, sending the central bank deeper into the red at August 11. [ more . . . ]
•	Aug 27, 2010 BOJ lowers rates again THE Bank of Jamaica (BOJ) yesterday lowered the interest rate on 30-day certificates of deposit (CDs) by another 50 basis points (bps) to eight per cent, making it the fifth time the central bank has lowered rates since the start of 2010. [ more . . . ]
•	Aug 27, 2010 FCIB's net profit falls 21% in Jul Q FIRST Caribbean International Bank's (FCIB's) net profit plunged by 21 per cent during the three months to July 30, 2010, when compared to the corresponding period in 2009. [ more . . . ]
•	Aug 27, 2010 Scotia earnings fall SCOTIA Group Jamaica reported marginal losses on net income for the quarter ending July 31, 2010, with earnings declining across all segments. [ more . . . ]
•	Aug 27, 2010 Guardian Holdings Limited Press Release – GHL Finalizes Sale of GAMJA Guardian Holdings wishes to announce that on Tuesday, August 17, 2010, Guardian Holdings Limited (GHL), parent company of Guardian Asset management Jamaica Limited completed the sale of 100% of the shares of Guardian Asset Management Jamaica Limited to Proven Investment Limited. [ more . . . ]
•	Aug 26, 2010 'Dudus' cost to Jamaica's tourism revealed PIOJ stats show cost to tourism of civil unrest over Christopher 'Dudus' Coke arrest [ more . . . ]
•	Aug 26, 2010 Economy shrinks in June quarter — PIOJ. Mining, quarrying register only growth THE Planning Institute of Jamaica (PIOJ) estimates that real GDP for the domestic economy during the June quarter contracted by 0.8 per cent relative to the corresponding period last year, with the goods-producing and services industry declining by 1.6 per cent and 0.9 per cent respectively. [ more . . . ]
•	Aug 26, 2010 High Expectations. Will the Govt deliver on campaign promises without increasing debt? In 13 days, Trinidad and Tobago’s third deficit budget will be read. It’s a budget billed with high expectations and great challenges. And according to Mary King, Minister of Planning, Economic and Social Restructuring and Gender [ more . . . ]
•	Aug 26, 2010 TTMA, bankers, Tourism and their budget wish list With the stagnant growth within the business community, rising food prices along with high expectations from the new administration, T&T may be quite anxious about the contents of the 2010/2011 Budget. [ more . . . ]
•	Aug 26, 2010 Scotiabank records 10 per cent profit hike The Scotiabank Group completed its third fiscal quarter at the end of July 2010 with profit after tax of $363 million, an increase of ten per cent over the prior year, the bank said in a statement. [ more . . . ]
•	Aug 25, 2010 FCIB’s net income flat First Caribbean International Bank yesterday declared net income of US$124.5 million for the first nine months of its financial year—results that are almost the same as the same period last year. [ more . . . ]
•	Aug 24, 2010 Rush for annuities slowing, says Miller THE RUSH for annuity products in the United States of America which began in 2008 did not continue into this year. [ more . . . ]
•	Aug 24, 2010 GHL’s main players agree to consult IFC The key shareholders of Guardian Holdings (GHL), have agreed to consult with the IFC on important corporate actions in return for the IFC investing of $473 million in the Westmoorings-based insurance holding company. [ more . . . ]
•	Aug 23, 2010 Budget forthcoming BARBADIANS can expect the delivery of the Annual Financial Statements and Budgetary Proposals in the Lower House of Parliament some time after the House resumes its meetings on October 19 of this year. [ more . . . ]
•	Aug 23, 2010 CEO Miller: No current plans for staff adjustments AT this stage, Sagicor Financial Corporation (SFC) has no plans of making any more staffing adjustments following those made last year. [ more . . . ]
•	Aug 23, 2010 CEO: Beware of hampering competitiveness...in the name of regulation LOCAL and regional regulators of the financial system need to be careful that they do not impose too heavy a burden on financial institutions, thereby rendering them uncompetitive when looking to venture into markets outside of their original jurisdiction. [ more . . . ]
•	Aug 23, 2010 Kamla reels out trip benefits The 2010/2011 budget date is Wednesday, September 8, Prime Minister Kamla Persad-Bissessar said last night, as she briefed the media on her trip to New York. The announcement was made yesterday at a news conference at the VIP Lounge at Piarco International Airport. [ more . . . ]
•	Aug 20, 2010 BOJ Clarifies In the article titled "Inflation tamed - BOJ forecasts hit the mark", which appeared on page 5 of the Caribbean Business Report in The Daily Observer of Friday 13 [ more . . . ]
•	Aug 20, 2010 Asset sale gives Sagicor cash infusion of J$973m Sagicor Life Jamaica's sale of its general insurance business poured just under a billion dollars of cash into the company at the second quarter, offering the closest valuation to date of the deal struck with Bahamas First Holdings Limited at the top of the year. [ more . . . ]
•	Aug 20, 2010 Proven acquires Guardian Asset Management Proven Investment Limited yesterday announced that it completed the purchase of Guardian Asset Management Jamaica Limited (GAM), and planned to immediately rename the company Proven Wealth Limited. [ more . . . ]
•	Aug 18, 2010 No interest in rate reduction, says BOJ DON'T expect the central bank to join the call to reduce bank rates any time soon. Governor of the Bank of Jamaica (BOJ), Brian Wynter believes that the financial sector could be destabilised [ more . . . ]
•	Aug 18, 2010 Carib Cement drops kiln 5 offline Manufacturer blames weak demand, dumped cement for extended downtime. HIGH inventory levels racked up as a result of weak domestic demand coupled with the presence of “dumped cement” [ more . . . ]
•	Aug 18, 2010 Caribbean Cement suspends production twice in three months Caribbean Cement Company Limited has announced a shutdown of production for the second time this year - the first as safeguard against damage from civil unrest, the second due to an underperforming market. [ more . . . ]
•	Aug 18, 2010 US$20 million bond placement Trinidad Cement Limited has overshot by more than US$10 million agreed limits on its short term borrowings, but has secured the forgiveness of its creditors in anticipation of the cement maker getting back on track with its financing plan by next month. [ more . . . ]
•	Aug 18, 2010 Credit rating agency rates JIIC 'good' for financial strength Credit rating firm, A M Best Co, has affirmed the financial strength of Jamaica International Insurance Company Limited (JIIC) due to its "favourable capitalization, historical profitability and financial flexibility as a result of the support and commitment of its parent, GraceKennedy Limited". The outlook for both ratings is stable. [ more . . . ]
•	Aug 18, 2010 Banks' bad debt jumps another $1b in Jun Q Non-performing loans at commercial banks jumped by another billion dollars during June 2010 quarter, while loans to the private sector continued to decline. [ more . . . ]
•	Aug 18, 2010 Lee Chin to redeem US$19m AIC bonds AIC Barbados Limited has signalled its intention to redeem another US$19 million owed to bondholders but is not disclosing the source of the cash for the payment. [ more . . . ]
•	Aug 18, 2010 TSTT and ODPM link up for ‘emergency notification’ A new emergency notification link has been forged between the Office of Disaster Preparedness and Management (ODPM) and the Telecommunication Services of Trinidad and Tobago (TSTT) to alert the public in times of pending disaster. [ more . . . ]
•	Aug 18, 2010 Yetming tipped to head CL Financial Former finance minister Gerald Yetming is a highly likely prospect for the CL Financial chairmanship, informed sources have revealed. [ more . . . ]
•	Aug 18, 2010 Chile quake hits Sagicor profits Barbados-based insurer Sagicor Financial Corp's half-year group net income declined to US$23.1 million to June 30, 2010 from US$40.4 million for the same period a year earlier. [ more . . . ]
•	Aug 18, 2010 A new dimension to the drug store business Smith Robertson and Co and SuperPharm--which operates drug and convenience stores at Westmoorings, Chaguanas, Valsayn, Gulf View and Tunapuna-- have become subsidiaries of the Agostini's Group. [ more . . . ]
•	Aug 17, 2010 Agostini’s Limited – Notice to Shareholders In accordance with Section 66(3) of the Securities Industry Act 1995, please be advised that pursuant to the Business Combination agreement, approved by shareholders at a special general meeting on May 12, 2010 [ more . . . ]
•	Aug 16, 2010 Growth Fund focusing on conservative companies GIVEN the fact that 2010 has been a difficult year thus far for investment markets across the Caribbean and the wider world, and things remain uncertain going forward, the Caribbean [ more . . . ]
•	Aug 16, 2010 Equity returns may benefit from tough times THE global investment climate has been in turmoil since the onset of the global financial crisis, and reports related to trading on exchanges and investing in other financial instruments have generally stated that things are tough and returns are minimal at best. [ more . . . ]
•	Aug 16, 2010 Global recession still taking its toll on Barbados THERE is no denying the fact that the Barbados economy still has its challenges from the prevailing global recession. [ more . . . ]
•	Aug 16, 2010 BOJ confirms inflation fell in June Quarter BANK of Jamaica (BoJ) Governor Brian Wynter has confirmed that the 2.6 per cent inflation recorded for the quarter ending June 2010 was well below the 4.1 per cent for the previous March quarter, as well as falling behind the 3.5 per cent average for the five previous June quarters. [ more . . . ]
•	Aug 16, 2010 Exporters earn $15 Billion in 1Q THE Jamaican export sector continues to perform well, despite economic challenges, particularly non-traditional domestic products and foods which earned $15 billion (US$173.7 million) during the first quarter of this year. [ more . . . ]
•	Aug 16, 2010 Ansa McAL records $402M profit Ansa McAl Group of companies recorded a profit before tax of $402 million, for the six months ended June 2010 compared to $408 million recorded in 2009 for the same period. [ more . . . ]
•	Aug 13, 2010 Inflation tamed. BOJ forecasts hit the mark Bolstered by the success of policy reforms, inflation targeting and economic performance that came within projected levels, the Governor of the Bank of Jamaica (BOJ) Brian Wynter yesterday reiterated the Central Bank's commitment to economic stability and said the results for the quarter should improve investor confidence. [ more . . . ]
•	Aug 13, 2010 Jamaican economy right on track – Shaw FINANCE minister Audley Shaw on Wednesday delivered a glowing report card on Jamaica's economy which he said was in a stable condition with most of the macro economic targets being achieved as outlined in the letter of intent to the International Monetary Fund (IMF). [ more . . . ]
•	Aug 13, 2010 Capital & Credit sees marginal increase in profits for half-year period The Capital & Credit Financial Group (CCFG) has recorded a three per cent increase in net profit after tax for the six-month period ending June 30, 2010. This represents a total of J$144.97 million, up from J$141.24 million achieved for the similar period last year. [ more . . . ]
•	Aug 13, 2010 TSTT posts $200 million The Telecommuni-cations Services of Trinidad and Tobago (TSTT) has recorded a profit of more than $200 million in the last fiscal year. [ more . . . ]
•	Aug 13, 2010 NEL unable to recover $5m CIB investment Holding company National Enterprises Ltd has not been able to recover a $5 million investment it made in CLICO Investment Bank, part of the struggling CL Financial group. [ more . . . ]
•	Aug 12, 2010 NFM ‘roughed up’ at AGM Board and management of National Flour Mills (NFM) yesterday came under heavy criticism from its shareholders at its 2010 Annual General Meeting, despite a $17 million profit experienced by the company in 2009 compared to a $18.9 million loss recorded in 2008. [ more . . . ]
•	Aug 12, 2010 Guardian Media net income jumps 52 per cent Guardian Media Ltd has recorded net income of $19.7 million for the six months ending June 30, 2010, an increase of 52 per cent compared with the first six months of 2009, according to the company’s half year report. [ more . . . ]
•	Aug 12, 2010 N&M Holdings after-tax profit down 10 per cent Neal & Massy Holdings Ltd’s profit after tax for the nine months ended June 30, 2010, has declined by ten per cent. Chairman Arthur Lok Jack stated that the group’s after-tax profit declined from $336 million in the first nine months of 2009 to $303.3 million in the comparable period this year. [ more . . . ]
•	Aug 12, 2010 Economy to grow 1% by October. BOJ project growth for next three months THE Bank of Jamaica (BOJ) today projected that the economy will grow by as much as one per cent during the three months September 30, while the central bank says that inflation for the period will likely be less than in the June quarter. [ more . . . ]
•	Aug 11, 2010 NCB's rating up a notch Pointing to Jamaica's improved economic environment and the bank's strong position in the domestic market, the regional rating agency, CariCRIS, has upgraded a notch, its rating on a notional US$75 million debt issue by National Commercial Bank (NCB). [ more . . . ]
•	Aug 11, 2010 Commission extends time to rule on cement-dumping claim Jamaica's Anti-Dumping and Subsidies Commission (ADSC) says it will need more time to determine whether cement imported from the Dominican Republic has been dumped and has given itself an additional 45 days within which to rule on the matter. [ more . . . ]
•	Aug 11, 2010 Group: Probe Angostura loss THE Trinidad and Tobago Transparency Institute (TTTI) is calling on the relevant authorities to investigate the losses disclosed in Angostura's 2008 financial statements, and why it was necessary for the State to bail out the CL Financial Group. [ more . . . ]
•	Aug 11, 2010 NFM makes profit jump National Flour Mills (NFM) recorded an unaudited profit for the first six months of 2010 of $13.1 million compared to $400,000 profit made in 2009. [ more . . . ]
•	Aug 11, 2010 IFC deal, GAM Jamaica sale top GHL’s agenda Guardian Holdings Ltd (GHL) has described its equity transaction with the International Financial. Corporation (IFC) as a “very meaningful milestone” in the Group’s history. [ more . . . ]
•	Aug 11, 2010 BCB Holdings Limited – Appointment of Chairman BCB Holdings Limited has informed the Exchange that effective March 8, 2010, Mr. Wendell Mottley was appointed Chairman of BCB Holdings Limited replacing Lord Ashcroft who continues to serve on the Board of BCBHL as an ordinary director. [ more . . . ]
•	Aug 06, 2010 Encouraging first half year for One Caribbean Media THE One Caribbean Media Group has achieved encouraging results for the half year ended June 30, 2010, chairman Sir Fred Gollop said earlier this week. [ more . . . ]
•	Aug 06, 2010 First Global cuts rates too First Global Bank (FGB), Jamaica's smallest domestically controlled commercial bank, has joined its larger peers in slicing lending rates. [ more . . . ]
•	Aug 06, 2010 Cement Company flounders Nothing, it seems, has gone right for Caribbean Cement Company Limited in the second quarter. Volume exports are up but sales across markets are down overall and, consequently, so are revenues. [ more . . . ]
•	Aug 05, 2010 Flavorite Foods Limited – Change to Dividend Payment Practice Flavorite Foods Limited has advised the Stock Exchange that in keeping with accepted corporate practice in Trinidad and Tobago it intends to begin payment of interim dividends. [ more . . . ]
•	Aug 04, 2010 Guardian Holdings Limited ¡V Notice to Shareholders - IFC to Invest $US75 million into GHL On Friday May 21, 2010 Guardian Holdings Limited (GHL) announced that the International Finance Corporation (IFC), a member of the World Bank Group, [ more . . . ]
•	Aug 04, 2010 GraceKennedy's profit plunges GRACEKENNEDY (GK) Group's net profit plunged 33 per cent during the three months ended June 2010 when compared to the corresponding quarter in 2009, as all its divisions except retail and trade, under which Harware and Lumber operates, saw a decline in profit. [ more . . . ]
•	Aug 04, 2010 BOJ lowers interest rates again EFFECTIVE today, the interest rate payable on Bank of Jamaica (BOJ) 30-day certificates of deposit will be reduced by 50 basis points to 8.50 per cent. [ more . . . ]
•	Aug 04, 2010 JSE market cap fell in July, but MFP climbs 50% THE Jamaica Stock Exchange's (JSE) market capitalisation lost $3.5 billion in July to close at $562.4 billion which slashed 0.56 per cent from the index, but one stock made gains nearing 50 per cent over the period. [ more . . . ]
•	Aug 04, 2010 Lasco aims to raise $400m through 3 listings on junior exchange LASCO plans to reorganise and list three separate affiliated companies on the Jamaica Stock Exchange (JSE) Junior Market, to raise in excess of $400 million from the listing, says Lasco executive chairman Lascelles Chin. [ more . . . ]
•	Aug 03, 2010 GraceKennedy Limited – Appointment of Director GraceKennedy Limited has advised the Exchange that Mr. Mark Golding has been appointed a Director of the Board of GraceKennedy Limited with effect from July 29, 2010. [ more . . . ]
•	Jul 29, 2010 Govt to restructure IFC, e-TecK Changes are soon to be made to the International Financial Centre (IFC), Public Sector Investment Programme (PSIP) and the Evolving TecKnologies and Enterprise Company Ltd (e-Teck). [ more . . . ]
•	Jul 29, 2010 Budget to focus on Clico, food and loans An "early" national budget is expected to focus on issues like the near collapse of CL Financial and CLICO, as well as increasing food production and making it easier for entrepreneurs to get loans from banks. [ more . . . ]
•	Jul 29, 2010 Angostura to pay $160,000 in penalties The Securities Exchange Commission (SEC) has ordered Angostura Ltd to pay $160,000 in penalties after it contravened several rules in the Securities Industry Act and the Securities Industry by-laws. [ more . . . ]
•	Jul 28, 2010 Sagicor addresses downgrade The following is the full text of Sagicor Financial Corporation’s response to the downgrade of the group and several of its subsidiaries announced by international rating agency A.M. Best on Thursday. [ more . . . ]
•	Jul 28, 2010 J'can economy 10 times worse than region JAMAICA is projected to grow 10 times slower than the region in 2010, according to Business Observer analysed data from the Economic Commission for Latin America and the Caribbean (ECLAC) released last week. [ more . . . ]
•	Jul 28, 2010 Guardian Asset to merge with Guardian Life Guardian Asset Management's (GAM) Jamaican operation will be downscaled to a department and merged with the operations of Guardian Life Limited, once it finalises the deal to sell a portion of the investment house's portfolio to new kid on the block, Proven Investment Limited. [ more . . . ]
•	Jul 27, 2010 Jamaica Money Market Brokers Limited – Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Jamaica Pegasus Hotel, Negril and Montego Bay Suites, 81 Knutsford Boulevard, Kingston 5, Jamaica [ more . . . ]
•	Jul 27, 2010 Scotiabank Trinidad & Tobago Limited - Resignation of Director Scotiabank Trinidad & Tobago Limited has informed the Stock Exchange that on July 23rd 2010, Mr. Pasquale Minicucci resigned from the Board of Directors. [ more . . . ]
•	Jul 26, 2010 CBB report shows drop in consumer credit DUE to a drop in income levels, as well as uncertainties surrounding the short- and medium-term future of the local economy, Barbadians have been seen to be borrowing less. [ more . . . ]
•	Jul 26, 2010 Scotiabank King Street Joins downtown merchants with loan sale Scotiabank King Street has been a part of downtown Kingston for over 100 years. And as the 'mother' branch of one of the island's largest financial organisation, [ more . . . ]
•	Jul 26, 2010 NCB responds to minimum balance fees issue NATIONAL Commercial Bank (NCB) Group managing director Patrick Hylton has responded to criticism that the firm has been charging its customers a fee for holding small balances in their accounts. [ more . . . ]
•	Jul 26, 2010 NCB to reduce lending rates next week. Bank creating loan facility targeted at medium-sized enterprises. National Commercial Bank (NCB) will reduce base lending rates next week, against the backrgound of an increasingly competitive market for loan income. [ more . . . ]
•	Jul 26, 2010 NCB 3Q profits flat Led by its wealth management arm, the National Commercial Bank Group (NCB), is reporting third quarter profits of $2.76 billion, a marginal $42 million increase over the corresponding period last year. [ more . . . ]
•	Jul 26, 2010 Scotia DBG Investments Limited – Resignation of Director Scotia DBG Investments Limited has advised the Stock Exchange that Miss Muna Issa has resigned from the Board of Directors of Scotia DBG Investments Limited effective July 19, 2010. [ more . . . ]
•	Jul 26, 2010 GraceKennedy Limited – First Global Bank Limited – Appointment of President Mr. Courtney Campbell, Chief Executive Officer, GraceKennedy Financial Group Ltd. (GKFG), is pleased to announce the appointment of Mrs. Maureen Hayden-Cater to the position of President, First Global Bank Ltd., effective August 1, 2010. [ more . . . ]
•	Jul 23, 2010 Sagicor downgraded Sagicor Life Jamaica Limited has been lumped with its Barbadian parent in a downgrade of the group that rating agency A.M. Best suggests is too exposed to the vicissitudes of the Jamaican economy. [ more . . . ]
•	Jul 23, 2010 Regional outlook still shaky for 2011 ALTHOUGH recovery from the global economic crisis has looked upon as one that has been relatively quick, particularly in certain sections of the Latin American and Caribbean region, [ more . . . ]
•	Jul 23, 2010 Caribbean region expected to see positive growth ECONOMIC recovery in the Latin American and Caribbean region is expected to manifest itself with positive growth being recorded this year, however, when broken down Caribbean countries are still expected to be returning negative performances. [ more . . . ]
•	Jul 19, 2010 Demand for loans still weak The banking industry normally mirrors what happens in the national economy; therefore, just as the economy is going up and down, the performance of the bank will also fluctuate. [ more . . . ]
•	Jul 19, 2010 Scotia loan fund oversubscribed SMALL and medium-sized enterprises (SMEs) grabbed up lower-cost loans made available through Scotiabank Jamaica's Productive Sector Growth Fund (PSGF), launched last October, while the high demand pushed the bank to approve more than the $500 million it put aside for the lending facility. [ more . . . ]
•	Jul 19, 2010 US investors face heavy taxes With the recent implementation of the Hiring Incentives to Restore Employment Act of 2010, US permanent residents or citizens in Jamaica who hold investment instruments in excess of US$50,000 may be subject to significant US tax and penalties by next year. [ more . . . ]
•	Jul 19, 2010 Take advantage of optimistic business environment, says Orane CHAIRMAN and CEO of GraceKennedy (GK) Limited, Douglas Orane has called on businesses to take advantage of the optimistic business environment that prevails 'post-JDX' and look at non-traditional produce among the possibilities for development. [ more . . . ]
•	Jul 16, 2010 Central Bank of Barbados: Inflation rate drops to 3.3 per cent THIS week the Central Bank of Barbados announced an inflation rate of 3.3 per cent. And should the rate hover around that figure for the remainder of this year it would perhaps be the lowest in recent times. [ more . . . ]
•	Jul 15, 2010 Lasco going public Lasco Group of Companies, after 22 years of operating in Jamaica as a privately owned entity, will within the next two months become publicly listed, trading on the Jamaica Stock Exchange (JSE). [ more . . . ]
•	Jul 14, 2010 Confidence rebounds Confidence in the Jamaican economy is on the mend after a disastrous outlook in the first quarter of the year as measured by the Jamaica Conference Board's business and consumer confidence indices survey. [ more . . . ]
•	Jul 14, 2010 Sagicor to operate Dunn's River hotel Sagicor Pooled Investment Funds (PIF) has taken over the management of the former Sandals Dunn's River Hotel, but has outsourced the marketing and sales to an American company called Aimbridge Hospitality. [ more . . . ]
•	Jul 14, 2010 PCFS will redeem 50% preference share if buy-back falls short PAN Caribbean Financial Services (PCFS) said it will redeem preference shares in October should it not meet its 50 per cent share buy-back target next month. [ more . . . ]
•	Jul 14, 2010 Carib Cement to challenge dumping watchdog Caribbean Cement Company Limited (CCCL), having won the first round of a fight over Vulcan-made cement, is now questioning the basis of the final ruling by the anti-dumping commission that there was no threat to the local industry and has signalled that it intends to challenge the decision. [ more . . . ]
•	Jul 14, 2010 Unilever Caribbean Limited – Notice of Change of Director Unilever Caribbean Limited has informed the Exchange that Mrs. Maria Andrea Pirie Woodbridge resigned as a Director of Unilever Caribbean Limited effective 30th June 2010. [ more . . . ]
•	Jul 13, 2010 T&T’s ready for investors Prime Minister Kamla Persad-Bissessar yesterday sold to T&T as the destination of choice for the discerning investor. Speaking at a business luncheon in Fort Lauderdale, Miami, yesterday, Persad-Bissessar said. [ more . . . ]
•	Jul 12, 2010 GHL to sell Guardian Asset (Jamaica) Guardian Asset Management Jamaica Ltd (GAMJ) has entered into an agreement with Proven Management Ltd to sell the company. No details were given about the cost of the deal. [ more . . . ]
•	Jul 09, 2010 Moody’s warns Barbados of credit rating fall Barbados’ economic prospects this year are far from bright, according to Moody’s, a major Wall Street credit rating firm. [ more . . . ]
•	Jul 09, 2010 World Bank support to Latin America and the Caribbean reaches record high The World Bank Group (WBG) committed US$17.9 billion in fiscal year 2010 ,a slightly higher figure over last year's record lending of $17.1 billion- to support countries in Latin America and the Caribbean (LAC) as they recover from the global financial crisis and resume a path of sustained growth. [ more . . . ]
•	Jul 09, 2010 Air Jamaica deal safe Jitters over whether a merger of Air Jamaica and Caribbean Airlines Limited (CAL) would fall through were put to rest last night, as Trinidad and Tobago Prime Minister Kamla Persad-Bissessar said her government would honour the deal, despite perceived looming risks. [ more . . . ]
•	Jul 09, 2010 GEASO in limbo Sagicor Life Jamaica Limited has got a six-month extension on the administration of the Government Employees' Administrative Services Only (GEASO) health scheme, but there is still no clear sign that the turmoil surrounding the contract has been settled. [ more . . . ]
•	Jul 09, 2010 PROVEN set to acquire Guardian Asset Management PROVEN Investments, founded by Peter Bunting, Gary Sinclair, Mark Golding and Christopher Williams is all set to acquire Guardian Asset Management Jamaica, reliable sources have informed the Caribbean Business Report. Details of the deal were unobtainable at the time of going to press. [ more . . . ]
•	Jul 09, 2010 IFC plans change, redesigned Finance Minister Winston Dookeran said Government will be looking to find other ways of utilising the International Financial Centre established at the Port-of-Spain Waterfront by the former administration. [ more . . . ]
•	Jul 09, 2010 NGC, NIB in bid to block CIB winding up Two State companies— the National Gas Company (NGC) and the National Insurance Board (NIB)—are seeking to stop a petition before the High Court which seeks to wind up the assets of Clico Investment Bank (CIB). [ more . . . ]
•	Jul 09, 2010 NFM – Notice of Annual Meeting National Flour Mills Limited has informed the Exchange that its Annual Meeting will be held on Wednesday August 11th 2010 at The Cascadia Hotel and Conference Centre, Ariapita Road, St. Ann’s, Port of Spain at 10:00 a.m. [ more . . . ]
•	Jul 08, 2010 RBTT CEO Sookoo sees economic growth in 2011 Suresh Sookoo, chief executive officer, RBTT Financial Group, is optimistic about the T&T economy and the rest of the region. “For the commodity-based economies like T&T and Suriname, growth will be a little more optimistic. [ more . . . ]
•	Jul 08, 2010 GKL’s Don Wehby: One stock exchange Don Wehby, group chief operating officer at GraceKennedy Ltd (GKL), on a brief stopover to T&T, agreed to a 25-minute interview with the BUSINESS GUARDIAN. [ more . . . ]
•	Jul 07, 2010 JSE market cap gained $1.5b in June IN June, the Jamaica Stock Exchange's (JSE) market capitalisation gained $1.5 billion over the 30-day period to close at $565.9 billion following the first full month after the security force operations in west Kingston disrupted business in the corporate area. [ more . . . ]
•	Jul 07, 2010 Caricom — decisions minus theatrics BRIDGETOWN, Barbados — Tomorrow's communiqué from the 31st annual Caribbean Community Summit that concludes tonight in Montego Bay, is expected to at least offer a glimmer of hope for a plan to introduce a new system of management in the governance of the Caribbean Community's (Caricom's) affairs. [ more . . . ]
•	Jul 07, 2010 Kamla blanks help for another Caricom fund No more financial helpouts—or handouts—from T&T. T&T has backed off from Caricom’s proposal to support yet another regional assistance fund while also underscoring that T&T cannot continue with its previous magnitude of Petroleum Fund sponsorship, Prime Minister Kamla Persad-Bissessar signalled yesterday. [ more . . . ]
•	Jul 07, 2010 RBTT on rebranding drive RBTT is on a rebranding plan. Since Canada’s Royal Bank of Canada (RBC) acquired RBTT two years ago, the T&T-based bank has come a long way, said Suresh Sookoo, chief executive officer, RBTT Financial Group. “June 16 made it two years since they took over. [ more . . . ]
•	Jul 07, 2010 Give CLICO more money CLICO, the country's largest insurance company, now needs more money to repay thousands of policyholders, consultants have recommended in a report delivered to Cabinet by Finance Minister Winston Dookeran. [ more . . . ]
•	Jul 07, 2010 Prestige improves half year Prestige Holdings yesterday reported an improvement in their first half performance for 2010 over the same period the year before, mostly due to better performances of all their core Trinidad and Tobago businesses. [ more . . . ]
•	Jul 05, 2010 Caricom heads to review progress on CSME AS Caricom celebrates 37 years since inking the Chaguaramas Agreement, the regional grouping is stepping back to "take stock" of its most significant attempt to deepen co-operation -- the Caricom Single Market and Economy (CSME). [ more . . . ]
•	Jul 05, 2010 Packed agenda for Caricom summit MONTEGO BAY — Caricom’s four-day summit this week will be the first opportunity for Prime Minister Kamla Persad-Bissessar to interact with her regional colleagues since the May 24 general election victory. [ more . . . ]
•	Jul 05, 2010 Supreme Ventures Limited – Appointment of Directors Supreme Ventures Limited has notified the Stock Exchange of the following changes with respect to the Board members: [ more . . . ]
•	Jul 04, 2010 31st Caricom summit opens today ROSE HALL, St James — The 31st annual summit of the Caribbean Community (Caricom) opens here today at the Cornwall Room in Half Moon Village with a blend of cultural performances along with political statements by some of the region's heads of government. [ more . . . ]
•	Jul 02, 2010 Agostini’s Limited Press Release – Appointment of Directors Mr. Joseph Esau, Chairman of Agostini’s Limited has announced the appointment of two new non-executive directors to the board of Agostini’s Limited. [ more . . . ]
•	Jul 02, 2010 Guardian Media Limited – Appointment of Director Guardian Media Limited has advised the Exchange that on Tuesday 25th May, 2010, Mr. Gabriel Faria was appointed a Director to the company’s Board of Directors. [ more . . . ]
•	Jul 02, 2010 Central Bank predicts rise in jobless rate As inflation continues its upward climb, the Central Bank is predicting that unemployment will increase as the T&T economy faces another weak year. This was the grim forecast delivered by Central Bank Deputy Governor Joan John [ more . . . ]
•	Jul 02, 2010 Bank of Jamaica reduces cash reserve requirements to 12 per cent THE Bank of Jamaica (BOJ) yesterday announced that effective 01 July 2010, the cash reserve requirements of deposit-taking institutions supervised by the BOJ will be reduced by two percentage points to twelve per cent. [ more . . . ]
•	Jul 01, 2010 NEL after-tax profit falls by 44 per cent National Enterprises Ltd’s (NEL) after-tax profits attributable to shareholders fell by $347.4 million, or 44.4 per cent, said its chairman Jerry Hospedales. [ more . . . ]
•	Jun 29, 2010 T&T maintains stable credit rating Regional credit rating agency CariCRIS has reaffirmed Trinidad and Tobago’s financially stable AAA credit rating. [ more . . . ]
•	Jun 29, 2010 RBC moves up ranks with US$75b in market capitalisation In addition to the success RBC has achieved in The Bahamas, the organisation has climbed the Canadian banking charts as it is now ranked as the 12th largest bank based on market capitalisation which now stands at US$75.3 billion. [ more . . . ]
•	Jun 25, 2010 One Caribbean Media Limited – Resignation of Group CEO One Caribbean Media Limited (OCM) wishes to advise that Group Chief Executive Officer, Dr. Terrence Farrell has elected to leave the company with effect from June 30th 2010 having decided to devote more of his time on the development of a family-owned business. [ more . . . ]
•	Jun 25, 2010 Formula created for tea shares Mayberry Investment Limited, lead broker and financial adviser to Jamaican Teas Limited, said Wednesday that the allotment of shares under the initial public offering has been completed for the 291 applications from the public pool, with each subscriber getting at least 5,000 shares. [ more . . . ]
•	Jun 25, 2010 G20 leaders facing worries about rising deficits World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their solidarity in the face of new challenges. [ more . . . ]
•	Jun 25, 2010 Regional tourism officials still concerned about impact of APD BRIDGETOWN, Barbados (CMC) — A delay by the British government on the future of the controversial Air Passenger Duty (APD) has not eased the fears of Caribbean tourism officials that the region's main economic earner will not suffer as a result of the tax. [ more . . . ]
•	Jun 25, 2010 Nigel Holness appointed Managing Director for FirstCaribbean (Jamaica) NIGEL Holness has been appointed Managing Director and Senior Coverage Officer for FirstCaribbean International Bank’s operating company in Jamaica. His appointment takes effect from September 1, 2010, subject to regulatory approval. [ more . . . ]
•	Jun 25, 2010 Sagicor Jamaica performs well despite tough environment SAGICOR Life Jamaica, the country's largest life insurer, managed to contend fairly well with a contracting economy and the uncertainty of 2009, putting in a performance that was a boon to its beleaguered parent Sagicor Financial Corporation. [ more . . . ]
•	Jun 25, 2010 Customers spur bank competition online Customers and cost of operations have spurred banks to compete online as the effects of internet and mobile penetration and the game changer that is the Jamaica Debt Exchange (JDX) force innovation and efficiencies. [ more . . . ]
•	Jun 25, 2010 Gov't 'guardedly optimistic' Jamaica will pass second IMF test THE Government has expressed confidence that the country's economy is in a good enough state to enable it to pass the second International Monetary Fund test, which comes up in roughly another week. [ more . . . ]
•	Jun 25, 2010 So far so good, IMF praises Jamaica THE Executive Board of the International Monetary Fund (IMF) Wednesday concluded the first review of Jamaica's economic performance under the Stand-By Arrangement (SBA) and said that the island appeared set to meet targets and benchmarks for the end of this month. [ more . . . ]
•	Jun 25, 2010 Cabinet to get CLICO, CAL reports soon Reports on CL Financial and insurance company CLICO as well as national carrier Caribbean Airlines will be submitted to the Cabinet soon. [ more . . . ]
•	Jun 24, 2010 Farrell quits as OCM CEO Group chief executive officer of One Caribbean Media Ltd (OCM), Dr Terrence Farrell, has resigned. [ more . . . ]
•	Jun 24, 2010 UK airline tax threatens tourist industry ... again An emergency budget presentation in the United Kingdom (UK) on Tuesday, suggesting the government will go ahead with planned increases in the air passenger duty (APD) this November, has sent shock waves throughout the Caribbean's tourist industry. [ more . . . ]
•	Jun 24, 2010 'Dudus' leaves Jamaica FORMER Tivoli Gardens don Christopher 'Dudus' Coke was flown out of the country at 2:05 this afternoon. [ more . . . ]
•	Jun 23, 2010 T&T opting out of regional exchange The Caribbean Regional Stock Exchange (CXN) will be unable to launch by month-end, despite approval from the regulatory bodies in Barbados, Jamaica and Trinidad and Tobago. [ more . . . ]
•	Jun 23, 2010 Bank loans dip TOTAL outstanding loans issued by commercial banks at $256.9 billion up to March 2010 slightly declined year over year despite a number of loan categories showing sizeable loan jumps. [ more . . . ]
•	Jun 23, 2010 Sector leaders hail capture of 'Dudus' SECTOR leaders yesterday hailed the arrest of fugitive Christopher 'Dudus' Coke, calling the apprehension a positive step in the State's battle against criminal elements within the society. [ more . . . ]
•	Jun 23, 2010 US Embassy closely following 'Dudus' capture THE US Embassy in Kingston said last night that it was closely following reports on the local media regarding the capture of Christopher 'Dudus' Coke, who is wanted in that country to answer drug-trafficking and gun-running charges. [ more . . . ]
•	Jun 23, 2010 PCFS seeks share buy back PAN Caribbean Financial Services (PCFS) plans to buy back half of the preference shares it issued in early 2008 in order "to take advantage of current market conditions", according to the bank. [ more . . . ]
•	Jun 23, 2010 Tourism campaign trail in high gear Tourism minister Edmund Bartlett is pulling out all the stops to lure visitors to the island as he continues a whirlwind tour of the three countries which provide the majority of the visitors to Jamaica. [ more . . . ]
•	Jun 23, 2010 Scotia launches into mobile internet banking SCOTIABANK has announced the launch of its mobile banking platform aimed at meeting increasing consumer demand to bank on the go. [ more . . . ]
•	Jun 23, 2010 GK to drive profits through new businesses, says Wehby GraceKennedy (GK) chief operating officer Don Wehby says the conglomerate expects to grow profits significantly going forward by focusing on new businesses in food and financial services across the globe. [ more . . . ]
•	Jun 23, 2010 Mora Ven Holdings declares $463,530 post-tax profit Even though the George Nicholas III-owned Mora Ven Holdings Ltd has declared a post-tax surplus of $463,530 for the three-month period ending March 31, 2010, the company will not be issuing a dividend. [ more . . . ]
•	Jun 23, 2010 Govt asks Clico to stop issuing new policies in Dominica The government of Dominica has advised the branch manager of Clico International Life Ltd to discontinue the issuing of new policies in Dominica until further notice. [ more . . . ]
•	Jun 23, 2010 CL Financial chairman resigns CL Financial has lost its top director. Dr Shafeek Sultan-Khan resigned as chairman of the cash-strapped insurance conglomerate on Monday. [ more . . . ]
•	Jun 23, 2010 RBTT adds $1.2m to fight children’s cancer RBTT has contributed an additional $1.2 million to the Brian Lara-chaired Cancer Treatment Foundation, representing the second tranche of funding in support of children diagnosed with cancer. The foundation administers the fund. [ more . . . ]
•	Jun 23, 2010 RBC launches new products focused on savings Getting The Bahamas back into saving ways is the mission of RBC which has launched two of new products, Royal Premier Banking and Royal Certified Services. [ more . . . ]
•	Jun 23, 2010 Sagicor Financial Corporation – Appointment of Director The Board of Sagicor Financial Corporation is pleased to announce the election of Mr. Peter Clarke as a Director of the Company, following the 2010 Annual Meeting. [ more . . . ]
•	Jun 22, 2010 Electricity said biggest negative to production BUSINESS leaders, in spite of problems faced by crime and Government bureaucracy, yesterday knocked the delivery and cost of energy as having the greatest negative impact on production in Jamaica. [ more . . . ]
•	Jun 22, 2010 No end to emergency Jamaicans can expect to see an extension of the monthlong state of public emergency which is scheduled to end tomorrow. [ more . . . ]
•	Jun 22, 2010 Tivoli Gardens operation cost downtown businesses $100m THE unrest sparked by last month's confrontation between the security forces and gunmen loyal to Christopher 'Dudus' Coke has resulted in losses in excess of $100 million to businesses in downtown Kingston, Jamaica Manufacturers' Association (JMA) President Omar Azan revealed yesterday. [ more . . . ]
•	Jun 22, 2010 OECS leaders sign new economic union treaty Eastern Caribbean leaders have signed the treaty that establishes their countries as a single economic and financial space. [ more . . . ]
•	Jun 22, 2010 THA presents $3.5b budget The Tobago House of Assembly has presented $3.5 billion budgetary estimates for the fiscal year 2010/2011. It was presented yesterday by the Secretary of Finance, Dr Anselm London, at the Jerningham Street chamber. [ more . . . ]
•	Jun 22, 2010 CIB petitions High Court for winding up Clico Investment Bank Ltd (CIB), a subsidiary of the CL Financial Group that the T&T Government agreed to bailout in January 2009, has applied to the High Court to be officially wounded up. [ more . . . ]
•	Jun 21, 2010 Trinidad Publishing Company Limited - Symbol Name Change Trinidad Publishing Company Limited changed its name to Guardian Media Limited effective April 26th 2010. This change will be effected on the Stock Exchange and the Central Depository from Monday 21st June 2010. [ more . . . ]
•	Jun 21, 2010 Trouble for the stock market CONTINUED DELISTING of companies from the Barbados Stock Exchange (BSE) and inactive trading could spell trouble for the local stock market. [ more . . . ]
•	Jun 21, 2010 Changes in T&T will have significant implications for Barbados and others IT has very often been the case that whatever happens in Trinidad and Tobago, tends to impact on Barbados and the rest of the Caribbean. [ more . . . ]
•	Jun 21, 2010 NCB to launch mobile banking services National Commercial Bank (NCB) will this week launch mobile banking services to customers, Sunday Finance has learnt. [ more . . . ]
•	Jun 21, 2010 Dookeran: $3,000 pension in new budget In his first budget, Finance Minister Winston Dookeran hopes to deliver on the People’s Partnership manifesto pledge to give a $3,000 pension to all old age pensioners. [ more . . . ]
•	Jun 18, 2010 Scotia Group Jamaica continues to grow. Deposits increase in Q2. The implementation of the Jamaica Debt Exchange (JDX) and a contracting economy has not cooled the ardour of the country's largest banking entity to aggressively grow all lines of business. [ more . . . ]
•	Jun 18, 2010 Jamaican Teas offer oversubscribed Mayberry Investments Limited (MIL) lead broker in the proposed admission of Jamaican Teas Limited to the Junior Market of the Jamaica Stock Exchange is advising the public that the basis for allocation of the shares will be posted on www.jamstockex.com next week. [ more . . . ]
•	Jun 18, 2010 2010 hurricane season could be worst on record WASHINGTON, USA (AFP) — The 2010 Atlantic hurricane season may be one of the worst on record, US officials warned yesterday, amid fears it could deepen an oil crisis in the Gulf of Mexico and bring new misery to Haiti. [ more . . . ]
•	Jun 18, 2010 Hurricane season may put Ja at risk of BP oil pollution Jamaica's coastal waters and marine life could, during the current hurricane season, be at risk of severe oil pollution from the massive spill in the Gulf of Mexico. [ more . . . ]
•	Jun 18, 2010 H&L explores outsourcing, store redesign in reach for profit The makeover of Rapid True Value stores will start showing results by August when the first store will be unveiled in Kingston, but Hardware and Lumber (H&L) Limited, the operating company for the chain, says it is still tidying up the project design and is unsure how much it will eventually cost. [ more . . . ]
•	Jun 18, 2010 RBTT offers discounted forex loans RBTT Bank Jamaica has launched a foreign currency credit line for small and medium businesses, offering loans of up to US$250,000 at a discount. [ more . . . ]
•	Jun 18, 2010 Jamaica still attractive to US investors Jamaica continues to be attractive to United States investors, despite the recent civil unrest in west Kingston, says Rick Wade, senior adviser and deputy chief of staff at the US Department of Commerce. [ more . . . ]
•	Jun 18, 2010 May inflation beats BOJ outlook The Jamaican central bank trimmed interest rates again this week, cutting the price of its one-month certificate of deposit by half a point to 9.0 per cent on the back of better than expected inflation numbers. [ more . . . ]
•	Jun 18, 2010 Investors watching economy, taking cautious approach Trinidad and Tobago Stock Exchange CEO, Wain Iton, says the local stock market shows that investors are taking a very cautions approach to their investment due to the state of the economy. [ more . . . ]
•	Jun 18, 2010 SLJ Sale of Sagicor General Insurance (Cayman) Ltd to Bahamas First Holdings Ltd. Sagicor Life Jamaica Ltd has advised that having received all necessary Regulatory approvals, Sagicor Life Jamaica Limited (SLJ) and Bahamas First Holdings Limited (BHF) have successfully [ more . . . ]
•	Jun 17, 2010 IMF’s outlook for many regional countries not too bright The International Monetary Fund (IMF) is painting a bleak picture for several Caribbean economies; predicting that half of the CARICOM member countries will experience zero or a negative growth in 2010. [ more . . . ]
•	Jun 17, 2010 New boards soon for WASA, TTEC, TSTT PUBLIC Utilities Minister Emmanuel George yesterday said the establishment of new boards for the various utilities is a work in progress. George said he is currently focussing on the boards of the Water and Sewerage Authority (WASA), TT Electricity Commission (TTEC) and the Telecommunications Services of TT (TSTT). [ more . . . ]
•	Jun 17, 2010 Cadiz: Services industry is huge business With diversification high on the Ministry of Trade’s agenda, Line Minister Stephen Cadiz said his mandate will be to ensure that manufacturing and the service industry made higher contributions to the country’s Gross Domestic Product (GDP). [ more . . . ]
•	Jun 17, 2010 Central Bank: Non-performing loans go up by 3 per cent On Monday, the Central Bank released the 2009 Financial Stability Report. According to the report, bank deposits increasing by more than 30 per cent in 2009 were partially due to the Central Bank’s intervention into the Clico Investment Bank (CIB) in February 2009. [ more . . . ]
•	Jun 16, 2010 Almond declares $2.5 million loss THE continued depressed state of occupancy levels and average daily rates, caused by the continued effects of the global economic crisis, has resulted in Almond Resorts Inc recording a loss of almost Bds$2.5 million for the first half of their current financial year. [ more . . . ]
•	Jun 16, 2010 Shareholder files against Sagicor OPPRESSIVE AND PREJUDICIAL – this is how one shareholder of Sagicor Financial Corporation, West India Biscuit Company Limited (WIBISCO), has described the private sale of 11.76 million of Sagicor’s shares to the National Insurance Board in December 2009. [ more . . . ]
•	Jun 16, 2010 Tea offer opens at $3.37 per share Jamaican Teas Limited, formerly Tetley Tea Company Jamaica Limited, is seeking J$98 million of equity capital when it open its offer of 29.4 million shares on Thursday, June 17. [ more . . . ]
•	Jun 16, 2010 Samuda orders cement price probe The Jamaican Government has ordered the Fair Trading Commission (FTC) to launch an investigation into the pricing structure of Caribbean Cement Company Limited, a day after the manufacturer announced an average 3.2 per cent increase in the cost of its products. [ more . . . ]
•	Jun 16, 2010 Facey critical of H&L management Maurice Facey, chairman of Pan-Jamaican Investment Trust Limited, last week openly expressed his dissatisfaction over the management of listed Hardware and Lumber Limited by parent company - GraceKennedy. [ more . . . ]
•	Jun 16, 2010 Hi-Lo targets Portmore Retail grocery chain Hi-Lo Food Stores will enter Portmore, St Catherine later this year, with plans to commission its first store by yearend. [ more . . . ]
•	Jun 16, 2010 Government to set up resort markets for farmers Farmers, now unable to produce in large volumes because of unstable markets, should soon have access to new selling points designed solely for them and targeted at small hoteliers and others in the tourism trade who need fresh produce on a daily basis, the agriculture ministry has said. [ more . . . ]
•	Jun 16, 2010 'Govt will have to cut costs' Dookeran described the nation’s previous fiscal management as ’pathetic’ last week. Stockbroker and former independent senator, Subhas Ramkhelawan, managing director of Bourse Securities in Port of Spain, said the current financial situation shows signs that work needs to be done to remedy the ’challenges’ ahead. [ more . . . ]
•	Jun 16, 2010 National debt on the rise Trinidad and Tobago’s debt is increasing much faster than monetary policy officials would like and the local economy faces tough challenges in the coming months. [ more . . . ]
•	Jun 16, 2010 Tourist arrivals continue to increase, says CTO head NEW YORK, USA (CMC) — The Caribbean Tourism Organisation (CTO) says tourist arrivals in the region is on the rebound with aggregate visitors to the wider Caribbean, as gauged by recorded arrivals from 23 of the 33 CTO member-countries, increasing by 4.5 per cent so far in 2010. [ more . . . ]
•	Jun 15, 2010 Declining pound might cause us to lose UK visitors A local commercial banker believes that the worst case scenario for Barbados from the falling British pound sterling, could be a decline in UK visitors to this country. [ more . . . ]
•	Jun 15, 2010 Pace of global recovery continues to slow IT appears as though the economic troubles that have been affecting countries on the European continent have had a moderating impact on the pace of economic expansion in the world’s largest economies. [ more . . . ]
•	Jun 15, 2010 Bill Express looks to strata corps GraceKennedy subsidiary Bill Express is exploring a move to diversify its bill payment services to include maintenance payments for strata corporations. [ more . . . ]
•	Jun 11, 2010 ANSA McAL upgrades to Microsoft Dynamics AX THE ANSA McAL Group has upped its information technology ante with the implementation of Microsoft Dynamics AX as its new enterprise resource planning business system. [ more . . . ]
•	Jun 11, 2010 Govt promises may be phased, says Dookeran Finance Minister Winston Dookeran has said that T&T’s financial state would force the People’s Partnership government to engage in a “phased” introduction of its election manifesto promises for its first three months in office. [ more . . . ]
•	Jun 11, 2010 Tobago Budget Day set for June 21 Budget Day in Tobago is June 21. This was announced by Finance Secretary of the Tobago House of Assembly (THA), Dr Anselm London, at the assembly’s weekly press briefing yesterday. [ more . . . ]
•	Jun 11, 2010 Dookeran: Economy in a mess...knocks 'pathetic' fiscal management by PNM government Finance Minister Winston Dookeran said yesterday ’pathetic’ fiscal management under the former People’s National Movement (PNM) government has left the economy in a mess. [ more . . . ]
•	Jun 10, 2010 Mobile banking for Scotia customers WITHOUT FANFARE, Scotiabank on Monday launched Scotia Mobile Banking services to customers across the Caribbean including Barbados, The Bahamas and Trinidad and Tobago. [ more . . . ]
•	Jun 09, 2010 Central Bank urges Barbadians to complete survey WITH the July 16 deadline for the completion of the Balance of Payments (BOP) survey fast approaching, the Central Bank of Barbados (CBB) is making an effort to remind Barbadians about the importance of collecting data. [ more . . . ]
•	Jun 09, 2010 More opposition to JPS rate increase. Businesses say any hike in electricity costs will hurt them. BUSINESS operators have joined the chorus of voices appealing to the Office of Utilities Regulation (OUR) to consider the welfare of customers of the Jamaica Public Service Company (JPS) in making their decision about a potential increase in electricity rates at this time. [ more . . . ]
•	Jun 09, 2010 Bad debt now higher than Olint loss NON-PERFORMING loans (NPLs) across the financial sector jumped 78 per cent over 12 months to $19.4 billion to March 2010 which equals investments in failed FX trading firm Olint, which was partially blamed for the rise. [ more . . . ]
•	Jun 09, 2010 Roper to leave FSC DEPUTY executive director of the Financial Services Commission (FSC) George Roper will be leaving the regulatory body by the end of August, a source close to the FSC has disclosed. [ more . . . ]
•	Jun 09, 2010 External trade balance improved by 20% in January JAMAICA’S trade balance improved 20 per cent in January to US$307.9 million ($27 billion) compared with January 2009 despite export reductions which alumina and coffee stakeholders said were expected. [ more . . . ]
•	Jun 09, 2010 Jamaica dollar jumps again THE Jamaica dollar appreciated by one to three per cent against its three major traded currencies over the week to June 8, 2010. [ more . . . ]
•	Jun 09, 2010 New lottery games coming amid sluggish Super Lotto sales Two new lottery games are being earmarked to hit the streets by September in a bid, gaming company, Supreme Ventures Limited (SVL) said, to hold market interest even as the firm stares at a big earnings hole left by its underperforming Super Lotto. [ more . . . ]
•	Jun 09, 2010 New TSTT board by July A new TSTT board is expected to be established by mid-July said Public Utilities Minister, Emmanuel George yesterday. [ more . . . ]
•	Jun 09, 2010 TTSE CEO: Bond market can finance projects The corporate bond market presents many opportunities for investors, said Wainwright Iton, chief executive officer of the T&T Stock Exchange (TTSE). “The reality in any financial market is that corporate bonds go head to head with banking financing in our own environment. [ more . . . ]
•	Jun 08, 2010 Good response to mobile banking THERE has been a good response by Barbadians to the new mobile banking service which First Caribbean International Bank (FCIB) launched last week in Barbados. [ more . . . ]
•	Jun 08, 2010 Experts revise hurricane forecast. ‘Very active’ season predicted with 18 named storms FORT COLLINS, Colorado (CMC) — Hurricane forecast experts at Colorado State University have increased their predictions and are now calling for a very active 2010 season in the Atlantic basin with 18 named storms. [ more . . . ]
•	Jun 08, 2010 Unemployment rate decreases This country’s unemployment rate decreased by 0.7 per cent during the fourth quarter of 2009. A statement issued by Central Statistical Office (CSO) yesterday said: [ more . . . ]
•	Jun 08, 2010 Sagicor CEO: Caribbean insurance not hard hit by crisis The insurance industry in the Caribbean was not hard hit by the global economic downturn said Dodridge Miller, Group president and chief executive officer, Sagicor Financial Corporation. [ more . . . ]
•	Jun 08, 2010 Stock Exchange launches corporate bond market The Trinidad and Tobago Stock Exchange (TTSE) yesterday launched its corporate bond market with the listing of three Scotiabank investment instruments valued at a total of $1 billion. [ more . . . ]
•	Jun 07, 2010 Standard & Poor’s forecasts improvements in deficit BY THE end of this year international rating agency, Standard & Poor’s (S&P), expects Barbados’ general government deficit to improve 3.5 per cent of GDP, from the 4.7 per cent seen last year. [ more . . . ]
•	Jun 07, 2010 Decline in agriculture expected to counter pick-up in tourism DESPITE the expectation that economic activity locally will be bolstered by some improvement in the tourism, this island’s number one foreign exchange earner, projected declines in other sectors could have a nullifying impact. [ more . . . ]
•	Jun 07, 2010 Coke-Lloyd appointed to Sagicor Board Sagicor Life Jamaica has appointed former Jamaica Employers' Federation (JEF) CEO Jacqueline Coke Lloyd to its Board of Directors. [ more . . . ]
•	Jun 07, 2010 Super Lotto, not so super. Multi-jurisdictional game performing below-par. Revenues for all Supreme Ventures Limited's (SVL) games, including Cash Pot, Dollaz and Lotto, increased last year with the exception of its newest offering Super Lotto. [ more . . . ]
•	Jun 04, 2010 FirstCaribbean International Bank records lacklustre results The effects of the global financial crisis continues to wear on the revenues of financial institutions across the Caribbean. Continuing a sustained period of flat performance for the overall sector [ more . . . ]
•	Jun 04, 2010 Lower lending rates now WITH the JDX now implemented, the Jamaican dollar revaluing and the banking sector enjoying a benign period, it is perhaps time for the country's leading banks to begin lowering their base lending rates in an effort to bolster the economy and give wings to the productive sector. [ more . . . ]
•	Jun 04, 2010 BOJ cuts interest rates again THE interest rate payable on Bank of Jamaica (BOJ) 30-day Certificates of Deposit will be reduced by 50 basis points, effective today, from 10.00 per cent to 9.50 per cent. [ more . . . ]
•	Jun 04, 2010 Scotia DBG records huge profit plunge. Due to sell merchant bank by month-end The effects of the Jamaica Debt Exchange (JDX) — the government's swap of its domestic bonds for new debt instruments at lower interest rates and longer maturities - has continued to affect the overall financial performance of securities dealers. [ more . . . ]
•	Jun 04, 2010 Dollar gain underlines positive signs The Jamaican dollar closed trading on Wednesday this week at $87.99 to the United States (US) dollar, representing a significant 1.8 per cent appreciation against the US currency since the start of the year. [ more . . . ]
•	Jun 04, 2010 Grace sees profits fall but keeps the faith with new distribution centre The Grace Kennedy (GK) Group has taken major strides to improving its competitiveness both locally and internationally and to become a world class company. [ more . . . ]
•	Jun 04, 2010 New technology system to enhance GraceKennedy's risk management Conglomerate GraceKennedy is setting aside up to J$457 or just more than US$5 million to buy a new information technology platform designed to increase risk management while driving efficiencies and new business across its local banking and investment arms, First Global Bank(FGB) and First Global Financial Services (FGFS). [ more . . . ]
•	Jun 04, 2010 Grace lands deal in $8b hotel food trade Listed conglomerate, Grace-Kennedy Limited has struck a deal with the Government that will see the aggressive financial services, food distribution and hardware retailer planting its feet firmly [ more . . . ]
•	Jun 02, 2010 Scotia pumps more than $4.5 million into 'green' projects SCOTIABANK is to pump more than $4.5 million into a raft of initiatives geared at protecting and/or revitalising Jamaica's environment. [ more . . . ]
•	Jun 02, 2010 JMMB profit sours, but cash soars Jamaica Money Market Brokers (JMMB) recorded a 10.5 per cent reduction in net profit to $986.4 million but its cash and equivalents increased 50 per cent for the 12 months ending March 2010. [ more . . . ]
•	Jun 02, 2010 JA dollar strengthens Jamaicans can buy major currencies including the US dollar nearly seven per cent cheaper than three months prior following the influx of capital into the economy. [ more . . . ]
•	Jun 02, 2010 Proven raises funds for client through capital market PROVEN Management Limited (PML) has gone into structuring finance deals that enables its clients to raise funds from the capital market. [ more . . . ]
•	Jun 02, 2010 Tougher, risk-based standards... general insurers to face changes by year-end Meeting the 150 per cent state-imposed statutory minimum asset test (MAT) requirement this year, up from the 135 per cent benchmark last year, may not be enough for the country's 12 general [ more . . . ]
•	Jun 02, 2010 Gov't to hurdle next IMF test despite Tivoli shock - analysts In spite of a fallout in revenues resulting from the recent several days of civil unrest in west Kingston, economic analysts are upbeat that the situation will not significantly affect the Government's [ more . . . ]
•	Jun 02, 2010 Losses climb for Kingston business operators As business returns to the downtown Kingston area following days of violence there, the losses from missed sales and property damage for operators in the shopping district continue to climb, [ more . . . ]
•	Jun 01, 2010 ‘DUDUS’ unrest hits businesses As an eerie calm descends on the nation's capital after three days of clashes between criminal gunmen and the security forces, businesses are left to count the cost of the unrest that delivered a crunching body blow to commerce, but which many felt was necessary to break gangsters' stranglehold on the country. [ more . . . ]
•	Jun 01, 2010 Inflation continues to rise Inflation has continued on the rise to reach 7.3 per cent as of April, the Central Bank of Trinidad and Tobago said yesterday. [ more . . . ]
•	Jun 01, 2010 Sagicor records US$5.3m less Q1 net income The Sagicor Group of Companies recorded US$5.3 million less net income for the three months ended March 31, 2010, compared to the same period last year. [ more . . . ]
•	May 28, 2010 Bank of Jamaica anchors the ship that is the Jamaican economy This year has seen the Jamaican economy placed on a sound footing, resulting in a revaluation of the Jamaican dollar, currency stability, reduced interest rates and the successful implementation of the Jamaican Debt Exchange (JDX). [ more . . . ]
•	May 28, 2010 Kingston shoot-outs hurting tourism PROMOTIONAL activities for Jamaica's tourism product in the international marketplace has ceased given the sustained attention being placed by the local and international media on the unrest in sections of Kingston and St Catherine. [ more . . . ]
•	May 28, 2010 Commerce slowly returns to troubled city Yesterday, businesses began pulling up shutters, some warily, signalling a gradual return to trading in the usually bustling downtown Kingston business district, which became deserted after days of unrest in the Corporate Area. [ more . . . ]
•	May 28, 2010 $238.6m in half-year profits for Scotia Scotiabank and its subsidiaries have recorded profits after tax of $238.6 million up to its half-year, ended April 30, 2010. [ more . . . ]
•	May 28, 2010 Flat revenue for BS&T Group Revenue for the Neal and Massy Holdings-owned Barbados Shipping and Trading (BS&T) was down or flat across the Group with few exceptions, its chairman Gervase Warner has reported. The main reductions experienced were in vehicle sales and airport services. [ more . . . ]
•	May 28, 2010 FCIB net income goes up by US$8 million While FirstCaribbean International Bank Ltd (FCIB) reported net income for the six-month period ended April 30 at US$94 million versus US$86 million in 2009, chairman Michael Mansoor said total revenues were flat. [ more . . . ]
•	May 28, 2010 ANSA McAL makes $690m after-tax profit The ANSA McAL Group recorded a 2009 profit after tax of $690 million. In 2008, the Group made $680 million profit after tax. his according to the annual report for 2009 that the ANSA McAL board presented at the annual general meeting yesterday at Tatil Building, Maraval Road, St Clair. [ more . . . ]
•	May 27, 2010 GHL Press Release – Guardian Holdings Limited and the International Finance Corporation Strengthen their Partnership Guardian Holdings Limited (GHL) and the International Finance Corporation (IFC), a member of the World Bank Group, today reached an agreement to invest $US75 million ($TT473 million in the common equity of the Group at a price of $TT16 per share. [ more . . . ]
•	May 27, 2010 GraceKennedy Limited – AGM Postponement Notice Due to the current civil unrest being experienced in downtown Kingston, stockholders of GraceKennedy Limited are advised that the Annual General Meeting scheduled for Wednesday, May [ more . . . ]
•	May 26, 2010 Insurance premiums could rise on civil unrest Insurance premiums for businesses in downtown Kingston and across Jamaica could increase following the unrest that gripped the nation over the last three days and caused the closure of many businesses within the corporate area and looting of others downtown Kingston. [ more . . . ]
•	May 26, 2010 GK posts 11% decline in 1Q profit GRACEKENNEDY Limited has posted a 11 per cent decline in first quarter net profit, hurt by a regional consumer market weakened by the ongoing recession. [ more . . . ]
•	May 26, 2010 ANSA Merchant declares $193m in after-tax profit In reporting that ANSA Merchant Bank Ltd made a 2009 after-tax profit of $193 million, its managing director Chip Sa Gomes said the bank is “a top performer” compared to its competitors in the financial sector. [ more . . . ]
•	May 25, 2010 ‘Good morning, Madam PM...!’ Trinidad and Tobago wakes up this morning to a historic new chapter being written by its first female Prime Minister Kamla Persad-Bissessar after her coalition People’s Partnership (PP) won yesterday’s general election. [ more . . . ]
•	May 24, 2010 Insurers brace for 'above-average' hurricane season WITH up to eight hurricanes and 16 named tropical storms likely to form in the Atlantic basin during the 2010 hurricane season which begins next week, local insurance companies are gearing up for a possible strain on their operations. [ more . . . ]
•	May 21, 2010 Unemployment at eight-year high THE rate of unemployment rose to an eight-year high in January, according to the results of the Planning Institute of Jamaica's (PIOJ's) quarterly review of economic performance in the context of continued contraction of the economy and industry-wide declines. [ more . . . ]
•	May 21, 2010 Jamaica pushes plan to be financial centre Jamaica is pressing ahead with its vision to become a centre for international financial services. [ more . . . ]
•	May 21, 2010 CDB expects economic recovery in 2011 THE Caribbean Development Bank (CDB) says it expects that regional economies, which were adversely affected by the global recession in 2009, will begin to show real signs of recovery next year. [ more . . . ]
•	May 21, 2010 Insurance group getting $473m boost The International Finance Corporation, a member of the World Bank Group, is investing $473 million (US$75 million) in Guardian Holdings Ltd to help the local insurance group expand in the region. [ more . . . ]
•	May 21, 2010 Angostura Holdings Limited – Submission of Financial Accounts Angostura Holdings Limited has informed the Stock Exchange that its 2008 Audited Financial Accounts (together with First Quarter 2010 Financial Accounts) and the 2009 Audited Financial Accounts (together with Half Yearly 2010 Financial Accounts) shall be published by July 30, 2010. [ more . . . ]
•	May 19, 2010 Jamaica passes first IMF test The International Monetary Fund (IMF) accepted a lower-than-actual exchange rate on the US dollar to shave $22 billion off the Government of Jamaica's (GOJ's) direct debt and drop the total $40 million [ more . . . ]
•	May 19, 2010 FGB suing rogue trader for US$7.6m First Global Bank (FGB) suing its former vice president treasury, Rohan Rose, for US$7.6 million ($680 million) for his role in irregular trading that lost the bank US$19.9 million ($1,768 million). [ more . . . ]
•	May 19, 2010 SVL sees 63% increase in net profit DESPITE a difficult year and the challenges of reduced consumer spending, gaming and hospitality company Supreme Ventures Limited, realised a 63 per cent increase in net profit to $167.4 million for the first quarter, ended March 31, 2010 over the $102.4 million of the corresponding quarter of 2009. [ more . . . ]
•	May 19, 2010 GK unveils new dividend policy GraceKennedy's board has approved a more generous dividend policy that will now see the conglomerate paying returns to shareholders three times per year instead of two. [ more . . . ]
•	May 18, 2010 GraceKennedy Limited – GraceKennedy Limited announces New Dividend The Board of Directors of GraceKennedy Limited has approved a new policy for payment of dividends. Under the new policy the Company will increase dividend payments to a minimum of 15% of Net Profit Attributable to Stockholders, up from a minimum of 10%. [ more . . . ]
•	May 18, 2010 GraceKennedy Limited – First Global Bank Limited Obtains Injunction It is our understanding that the former Vice President Treasury of First Global Bank (“FGB), Mr. Rohan Rose, who was dismissed in 2009 has gone to the media with a story that he was not a rogue trader and blaming everyone else for his transgressions. [ more . . . ]
•	May 18, 2010 New blow for BSE With local share prices on the slide and the number of traded shares falling by almost 12 per cent last year, the Barbados Stock Exchange (BSE) is about to be dealt a double blow – one of which is likely to come at month-end. [ more . . . ]
•	May 17, 2010 Scotia Investments Trinidad & Tobago Limited – Appointment of Director Scotia Investments Trinidad & Tobago Limited has advised the Stock Exchange that on 4th May 2010, Mr. Robert Soverall was appointed to the Board of Directors of the Company. [ more . . . ]
•	May 17, 2010 Republic Bank Limited – Appointment of Director Republic Bank Limited has advised the Exchange of the appointment of Mr. Shazan Ali, Chairman & Chief Executive Officer, TOSL Engineering Limited as a member of the Board of Directors of Republic Bank Limited effective May 10, 2010. [ more . . . ]
•	May 17, 2010 Agostini’s Limited – Notice to Shareholders At our Special General Meeting held on Wednesday 12th May 2010, 61% of the shareholders resent, and those voting by proxy, voted in favour of our acquisition of Smith Robertson and Company Limited and SuperPharm Limited. [ more . . . ]
•	May 14, 2010 Scotiabank reduces base lending rate EFFECTIVE June 1, 2010 Scotiabank Jamaica will reduce its base lending rate by over 200 basis points to 17.75 per cent. This will be the bank's lowest base lending rate in five years as well as the lowest lending rate among the major commercial banks locally. [ more . . . ]
•	May 14, 2010 Guardian Holdings posts stellar profits AFTER shedding loss-making entity Zenith Insurance Company at the end of last year, Trinidadian insurance conglomerate Guardian Holdings Limited (GHL) rebounded with stellar first-quarter results of 484 per cent increase in net profit over the comparative period last year. [ more . . . ]
•	May 14, 2010 BOJ bullish on the economy as signs of confidence re-emerge Jamaica's prospects for economic recovery have improved significantly, particularly in a post-Jamaica Debt Ex-change (JDX) period with relative stability in exchange rates and declines in market interest rates, the central bank chief reported at his quarterly press briefing on Wednesday. [ more . . . ]
•	May 14, 2010 Economist predicts flat growth for T&T economy In predicting flat growth for the rest of 2010, economist Jwala Rambarran said that T&T has not learnt from its mistakes in the past regarding the economy. [ more . . . ]
•	May 13, 2010 Trinidad Cement Limited - Notice to Shareholders of Annual Meeting Notice is hereby given that the ANNUAL MEETING of TRINIDAD CEMENT LIMITED for the year ended 31st December, 2009 will be held at the Training Room, TCL Compound, Southern Main Road, Claxton Bay on 2nd June, 2010 at 4:30 p.m. [ more . . . ]
•	May 12, 2010 New JSE company rules may penalise shareholders The application of stringent fines and penalties to members of the Jamaica Stock Exchange could potentially disable the Exchange and punish shareholders unnecessarily, according to financial analyst John Jackson. [ more . . . ]
•	May 12, 2010 A poor first quarter for Caribbean Cement Caribbean Cement Company Limited (CCCL) reported poor first-quarter performance linked to falling sales domestically and on the export market — for which the underperforming economy got blame — and also increased debt. [ more . . . ]
•	May 12, 2010 Ansa Merchant Bank Limited – Notice of Meeting Ansa Merchant Bank Limited has informed the Exchange that the Thirty-Second Annual Meeting of Shareholders will be held at the ANSA McAL Board Room, 10th Floor, TATIL Building, 11A Maraval Road, Port of Spain on Wednesday May 26, 2010 at 4:00 pm. [ more . . . ]
•	May 12, 2010 Trinidad Cement Limited - Change in the Board of Directors Trinidad Cement Limited has advised the Exchange that Mr. Luis Miguel Cantú Pinto has been appointed to the Board of Directors of Trinidad Cement Limited effective 30th April 2010. [ more . . . ]
•	May 10, 2010 PLIPDECO Limited – Notice of Annual General Meeting PLIPDECO Limited has informed the Exchange that the Annual General Meeting for the Company will be held on Thursday 13th May, 2010 at 1:30 p.m. at PLIPDECO’s Corporate Communication Centre, Orinoco Drive, Point Lisas Industrial Estate, Couva. [ more . . . ]
•	May 10, 2010 Rating riding on Economic Recovery Recently, Standard & Poor’s (S&P’s) affirmed Barbados’ BBB/A-3 foreign currency and BBB+/A-2 local currency sovereign credit ratings, making no change since the previous rating downgrade last year. [ more . . . ]
•	May 10, 2010 NCB extends financing to productive sector In a move aimed at signalling its commitment to help spur growth in the nation's productive sector, National Commercial Bank (NCB) has announced that it will extend the tenure of two products which offer loans at only nine per cent to local small and medium enterprises (SMEs). [ more . . . ]
•	May 10, 2010 Ansa Merchant Bank Limited – Resignation of Chief Financial Officer Ansa Merchant Bank Limited has advised the Exchange that Mr. Vickram Joadsingh has tendered his resignation as Chief Financial Officer effective May 03, 2010. [ more . . . ]
•	May 07, 2010 Guardian Holdings Limited – Notice to Shareholders: 2009 Annual Report In an effort to manage our “carbon footprint” as well as reduce the expense incurred in producing a large number of Annual Reports including the full notes, we opted this year to send you a summary of the financial statements. [ more . . . ]
•	May 07, 2010 Berger Paints Trinidad Limited – Change in Directors Berger Paints Trinidad Limited has advised the Exchange that at a meeting held on Wednesday, May 5, 2010 a resolution was passed effecting the acceptance of the resignation of Mr. Parthasarathy Sridhar, Director. [ more . . . ]
•	May 06, 2010 ‘Painful’ loss for GHL Guardian Holdings Limited recorded a loss of $821 million for the 2009 financial year, the biggest in the history of the company. [ more . . . ]
•	May 06, 2010 Scotia DBG Investments Limited – Scotia DBG Investments Limited sells Scotia Scotia DBG Investments Limited (SDBG) announced today that it has sold Scotia DBG Merchant Bank Limited (SDBGMB) to The Bank of Nova Scotia Jamaica Limited (Scotiabank). [ more . . . ]
•	May 05, 2010 GraceKennedy Limited – Paymaster Suit against GraceKennedy Remittance The Supreme Court has ruled in favour of GraceKennedy Remittance Services Limited (“GKRS”) and software developer, Paul Lowe, in the suit brought against them by Paymaster Limited (“Paymaster”). [ more . . . ]
•	May 05, 2010 FSC gives Proven nod PROVEN Management Limited yesterday obtained a securities dealers licence from the Financial Service Commission (FSC), marking the investment house's arrival in the financial adivisory services and investment banking business. [ more . . . ]
•	May 05, 2010 Average T-bill yields fall again, minimum bids climb AVERAGE yields on Government Treasury bills dropped for the tenth consecutive month in April to bring benchmark rates below 10 per cent. [ more . . . ]
•	May 05, 2010 2010 will be better for Cap and Credit - Campbell Coming out of a difficult year, Capital and Credit Financial Group (CCFG) says it is now seeing glimmers of hope and expects the company's performance to be much more robust this period. [ more . . . ]
•	May 05, 2010 Scotiabank buys subsidiary company from Scotia DBG The Bank of Nova Scotia Jamaica Limited (BNSJ), also known as Scotiabank Jamaica, has struck a deal with sister company Scotia DBG Investments Limited to acquire the latter's merchant banking subsidiary. [ more . . . ]
•	May 01, 2010 OCM records $15.6m profit One Caribbean Media Ltd has recorded a group net profit before tax of $15.6 million for its first quarter ended March 31. [ more . . . ]
•	Apr 28, 2010 Unilever Caribbean Limited – Notice of Annual Meeting Unilever Caribbean Limited has informed the Exchange that its Eighty First Annual Meeting of Shareholders for the year ended December 31st December 2009, will be held in the Ballroom of the Crowne Plaza Hotel [ more . . . ]
•	Apr 22, 2010 Agostini’s Limited – Notice of Special Meeting of Shareholders NOTICE IS HEREBY GIVEN that a special meeting (“Special Meeting”) of the shareholders (“the Shareholders”) of Agostini’s Limited (“Agostini’s”) will be held at Crowne Plaza Hotel, Wrightson Road, Port-of-Spain on Wednesday 12 May 2010 at 9.00 am for the purpose [ more . . . ]
•	Apr 15, 2010 Amendment of TTSE Rule 405 Price Stabilisation Please be advised that pursuant to an Order received from the Securities and Exchange Commission, the price band on securities traded on the Exchange would be changed from 10% to 15% effective Monday 19th April, 2010. [ more . . . ]
•	Apr 14, 2010 FCIB - Notice of Resignation of Directors The Board of Directors of FirstCaribbean International Bank Limited has accepted the resignation of the Managing Director, Barbados and the OECS, Oliver Jordan effective February 28, 2010. Mr. Jordan has taken up another senior role in the Barbados Private Sector. [ more . . . ]
•	Apr 12, 2010 NCBJ Limited – Appointment of Company Secretary National Commercial Bank Jamaica Limited has informed the Stock Exchange that Mr. Dave L. Garcia was appointed Company Secretary, effective March 1, 2010. He is also the General Manager, Legal, AML and Corporate Compliance. [ more . . . ]
•	Apr 09, 2010 Trinidad Cement Limited Shareholder Advisory – CEMEX to Maintain its TCL Shareholding TCL has received formal notification from CEMEX, through its subsidiary company, Sierra Trading, that it wishes to maintain its 20% shareholding in Trinidad Cement Limited. [ more . . . ]
•	Apr 09, 2010 Ansa McAl Limited – Notice of Change of Directors Ansa Mc Al Limited has informed the Exchange that Mr. Grenfell Kissoon has retired from the Parent Board of Ansa McAl Limited and Mr. Andrew Sabga was appointed by the Board in his place on March 25th, 2010. [ more . . . ]
•	Apr 08, 2010 Sagicor Financial Corporation – Notice Of Record Date For Payment Of Final Dividend and Currency Conversions for TT$ and GBP Notice is hereby given in accordance with the Companies Act Chapter 308 of the Laws of Barbados that the Directors of Sagicor Financial Corporation (“the Company”) have by resolution declared a dividend of 2 cents per share United [ more . . . ]
•	Apr 01, 2010 Sagicor Financial Corporation – 2009 Audited Financial Statements Sagicor Financial Corporation has informed the Exchange that it is unable to file its 2009 audited financial statements by March 31, 2010 and expects to be in a position to make the necessary filing by April 9, 2010. [ more . . . ]
•	Mar 31, 2010 Battle for cement: Guyana defied CCJ The Caribbean Court of Justice (CCJ), in a 19-page judgment, found that Guyana had defied a court order to reinstate the Common External Tariff (CET) on cement from extra-Caricom sources within 28 days. [ more . . . ]
•	Mar 26, 2010 ANSA McAL ends year in 'strong cash position' The ANSA McAL conglomerate has recorded an after tax profit of $690 million for its 2009 financial year. [ more . . . ]
•	Mar 26, 2010 Sale of Barbados CLICO company nears completion BARBADOS' largest credit union says it's closer to sealing the deal for the purchase of CLICO Mortgage and Finance Corporation (CMFC) and if all goes according to plan, it will be keeping the doors of the company's St Lucia office open. [ more . . . ]
•	Mar 26, 2010 First Global's rouge trader Rohan Rose charged ROHAN CHRISTOPHER ROSE, 36-years-old former vice president for treasury at First Global Bank Limited was yesterday arrested and charged by the Organised Crime Investigation Division (OCID) with two counts of Conspiracy to Defraud, Uttering Forged Document, Causing monies to be paid out by means of a Forged Document, Causing Monies to be paid out by False Pretence and Conspiracy to Forge. [ more . . . ]
•	Mar 26, 2010 Blue Power sparkles. Offer oversubscribed THE offer for shares in soap manufacturers Blue Power Group Limited was oversubscribed by close of the offer, a minute after opening at 9:01am Thursday. [ more . . . ]
•	Mar 26, 2010 Carib Cement takes on Samuda Caribbean Cement Company (Carib Cement) has accused Commerce Minister Karl Samuda of misrepresenting the company's position with regards to the importation of cement. [ more . . . ]
•	Mar 26, 2010 First Global gearing for unit-trust market entry First Global Financial Services is finalising three-year-old plans to launch into the unit trust market in Jamaica, following the February 18 lifting of the moratorium on new market entrants imposed in the 1990s. [ more . . . ]
•	Mar 26, 2010 Prestige Holdings Limited – Notice of Annual General Meeting Prestige Holdings Limited has informed the Exchange that its Annual General Meeting will be held on Wednesday 28th April, 2010 at 10:00 a.m. at No. 22 London Street, Port of Spain. [ more . . . ]
•	Mar 25, 2010 ANSA profits move up 400 per cent ANSA Merchant Bank yesterday declared more than 400 per cent increase in pre-tax profit as the company rebounded from a difficult year for the financial services sector in 2009. [ more . . . ]
•	Mar 25, 2010 ANSA McAL sees 46 per cent drop DURING a year that proved to be more difficult than that of 2008, ANSA McAL (Barbados) Limited, experienced a drop in profitability of 46.3 per cent for the financial year ended December 31, 2009. [ more . . . ]
•	Mar 25, 2010 Cash flows against profit tide for some local firms TWENTY per cent of firms listed on the Jamaica Stock Exchange (JSE) had reduced cash positions totalling $4.4 billion combined, citing that profit doesn't necessarily translate into more cash. [ more . . . ]
•	Mar 25, 2010 Miller to refocus on Sagicor Financial R Danny Williams has taken over the top seat at Sagicor Life Jamaica (SLJ) Limited as chairman of the board of the company he founded four decades ago. [ more . . . ]
•	Mar 25, 2010 Scotia DBG lands top strategists Scotia DBG Investments Limited has successfully recruited two of Jamaica's top investment strategists, Dr Adrian Stokes and Jason Morris, trumping efforts by Victoria Mutual who had been after the two men for its team. [ more . . . ]
•	Mar 25, 2010 GK to delist in two markets Conglomerate GraceKennedy Limited has decided to delist from the Barbados and Eastern Caribbean stock exchange, citing low levels of trading in those markets. [ more . . . ]
•	Mar 25, 2010 GraceKennedy Limited Press Release – Decision to delist from the Barbados Stock Exchange and Eastern Caribbean Securities Exc GraceKennedy Limited has decided to delist its stock from the Barbados Stock Exchange (“BSE”) and Eastern Caribbean Securities Exchange (“ECSE”) as of the close of business on June 30, 2010 (“the Effective Date”) [ more . . . ]
•	Mar 22, 2010 BNB: We like it so REPUBLIC BANK IS SO HAPPY with the way Barbados National Bank (BNB) has performed since it bought the institution in July 2003 that a name change is not on the cards. [ more . . . ]
•	Mar 22, 2010 BSE stance cautious CAUTIOUS OPTIMISM. This appears to be the approach adopted by the Barbados Stock Exchange (BSE) in light of its negative performance in 2009 and the signs of recovery shown on the international exchanges. [ more . . . ]
•	Mar 22, 2010 Prepare for loss, investors told PEOPLE WHO HAVE invested millions of dollars in CLICO International Life's investment instruments should prepare themselves to take a hit. [ more . . . ]
•	Mar 22, 2010 NCB launches IRA National Commercial Bank Insurance Company (NCBIC) last week became the latest company to launch an individual retirement account (IRA), becoming the seventh major financial house to launch the product within the last 18 months. [ more . . . ]
•	Mar 19, 2010 One Caribbean Media posts after-tax profit of TT$74.7million THE One Caribbean Media Group of Companies (OCM) has produced a profit after tax of $74.7 million for its financial year ended 2009, compared with $89.8 million in 2008. [ more . . . ]
•	Mar 17, 2010 CL Financial collapse a 'failure of regulation' Characterising it as a regional failing, Trinidad's central bank chief Ewart Williams said the financial monitoring system, which he described as rudimentary, non-existent and fragmented in many Caribbean states, missed a number of weaknesses in the operations of the over-leveraged CL Financial group, leading to collapse. [ more . . . ]
•	Mar 17, 2010 Bitters bounces back In a bid to further penetrate the United States market, Laventille producer Angostura Ltd has teamed up with US distributors and condiments manufacturer Mizkan Americas Inc. [ more . . . ]
•	Mar 12, 2010 Finance ministry open to listing JDX bonds The Jamaica Stock Exchange (JSE) is pushing for the listing of the Jamaica Debt Exchange (JDX) bonds on the stock market, the first for domestic debt instruments, if the Government agrees. [ more . . . ]
•	Mar 12, 2010 Sagicor deal triggers review Insurance ratings agency AM Best has frowned on the acquisition deal for Sagicor General Insurance (Cayman) Limited, suggesting it could have a potentially negative effect for the buyer. [ more . . . ]
•	Mar 10, 2010 More cuts not ruled out, but NCB says no plans right now LESS than 130 individuals have lost their jobs under National Commercial Bank's (NCB's) recent redundancy exercise, which the financial institution said was restricted to less than five per cent of its staff, but further cuts loom even while the bank says future reductions in staff is not expected to be of this magnitude. [ more . . . ]
•	Mar 10, 2010 Carib Cement exports outpacing tariff-free imports CARIBBEAN Cement Company yesterday said that exports of cement for 2010 thus far have outpaced that of imports under the existing duty waiver regime, which much like last year is contributing to lost revenue to the Government and the local manufacturer. [ more . . . ]
•	Mar 10, 2010 JMMB offers shares to workers instead of inflation adjustment to salaries Having held back on giving its employees inflationary increases to their salaries, Jamaica Money Market Brokers' (JMMB's) executive plans to create a new pool of shares under the Employee Share Ownership Plan (ESOP) to offer its team members rights to buy shares in the company at current trading price over the next three years. [ more . . . ]
•	Mar 10, 2010 JSE bullish Trading on the Jamaica Stock Exchange (JSE) has been bullish in recent weeks with stock gains nearing 50 per cent since late January, but market capitalisation still lags $363 billion below 2008 highs. [ more . . . ]
•	Mar 10, 2010 Three senior bank executives to leave First Caribbean Three senior figures at First Caribbean have resigned from their positions within the top echelons of the bank. [ more . . . ]
•	Mar 08, 2010 Mixed results at FirstCaribbean FIRSTCARIBBEAN International Bank has recorded decreases in net income and net interest income for the quarter ended January 31, 2010, but operating income grew. [ more . . . ]
•	Mar 08, 2010 Cement probe extended The Anti-Dumping and Subsidies Commission (ADSC) has given itself another 45 days to complete its investigations of Vulcan cement, which was introduced to the Jamaican market more than a year ago when Tank-Weld Metals entered the cement-distribution market. [ more . . . ]
•	Mar 08, 2010 Capital and Credit debuts debit card - Joins Easi-Access network Capital and Credit Merchant Bank (CCMB ) has issued its own debit card, giving some of its account holders access to the local MultiLink networks for both automated banking and point-of-sale transactions. [ more . . . ]
•	Mar 08, 2010 Remittances at four-year low - But stability forecast for 2010 Money transfers from Latin American and Caribbean migrants to their home countries are likely to stabilise in 2010 after suffering a 15 per cent drop in 2009, according to a new report last Thursday by the Inter-American Development Bank's Multilateral Investment Fund (FOMIN). [ more . . . ]
•	Mar 08, 2010 NCB cuts over 100 jobs NATIONAL Commercial Bank (NCB) announced on Friday it will cut over 100 jobs in a move to manage costs. [ more . . . ]
•	Mar 05, 2010 JDX has forced Scotiabank to focus on non-government business — Bowen SCOTIABANK CEO Bruce Bowen says the silver lining in the Jamaica Debt Exchange (JDX) programme is that it has forced the firm to agressively focus on non-government business and balance its risk. [ more . . . ]
•	Mar 05, 2010 Lascelles sale 'not on the agenda' Shareholders of Lascelles deMercado and Company were assured by Trinidad-appointed Chairman Dr Shafeek Sultan-Khan Thursday that there was no threat [ more . . . ]
•	Mar 04, 2010 PLIPDECO Limited – Change in Executive PLIPDECO Limited has informed the Exchange that Mr. Ernest Ashley Taylor has been appointed President of Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) effective March 1, 2010. [ more . . . ]
•	Mar 04, 2010 Seafood chain to close Seafood franchise Long John Silver’s is closing its doors in Trinidad and Tobago. Joseph Esau, chairman and interim CEO at Prestige Holdings, the franchise holder for KFC, Long John Silver’s, [ more . . . ]
•	Mar 03, 2010 Tourism sector 'lost $180m' ONE HUNDRED AND EIGHTY MILLION DOLLARS, and still counting. That's the amount of money this island's tourism sector lost last year. And according to Sue Springer, executive vice-president [ more . . . ]
•	Mar 03, 2010 Carib Cement closes '09 on $145-m loss THE Caribbean Cement Company (CCC) recorded a $69.7-million net loss for its fourth quarter which was nearly half the $144.5 million loss recorded for the entire 12 months ending December 31, 2009. [ more . . . ]
•	Mar 03, 2010 Moody's upgrades Jamaica's rating MOODY'S yesterday upgraded Jamaica's local and foreign currency bond ratings on the Government's improved liquidity following the Jamaica Debt Exchange (JDX), which has led to lower interest cost and inflows of funds from multilateral institutions. [ more . . . ]
•	Mar 03, 2010 JMMB cuts rates JAMAICA Money Market Brokers (JMMB) on Monday reduced rates on all its existing loans by two percentage points and has dropped rates across all loan offerings going forward. [ more . . . ]
•	Mar 03, 2010 BOJ frees up foreign cash The Bank of Jamaica (BOJ) has softened its stance on liquidity requirements for foreign currency holdings, with a two percentage point cut in the cash and liquid assets that banks must deposit with the central bank. [ more . . . ]
•	Mar 03, 2010 Sagicor Jamaica sells general insurance subsidiary Sagicor Life Jamaica Limited (SLJ) has sold off its general insurance business in Cayman Islands to Bahamas First Holdings Limited but is awaiting regulatory approval for final closure of the deal, three years after it had increased ownership in the company to 75 per cent. [ more . . . ]
•	Mar 03, 2010 Scotiabank: T&T economy transforming for growth The worse of the recession is over, but concern still remains about the performance of the global economy when stimulus spending from the world’s leading economies dry up, says Richard Young, managing director, ScotiaBank T&T Limited. [ more . . . ]
•	Mar 02, 2010 Prestige Holdings closes on Long John Silver’s chain Prestige Holdings decided to close its Long John Silver’s chain of fast food restaurants locally and is considering the future of TCBY Treats after poor performances in the past financial year. [ more . . . ]
•	Mar 02, 2010 NCB Harbour View to close. Operations to merge with Winward Road branch National Commercial Bank (NCB) will by early April close its branch at the Harbour View Shopping Centre in Kingston. [ more . . . ]
•	Mar 01, 2010 Agostini’s Limited – Notice to Shareholders – Update on Acquisition of Smith Robertson & Company Limited and SuperPharm Limited We take this opportunity to update our Shareholders on the company’s acquisition of Smith Robertson & Company Limited and SuperPharm Limited. [ more . . . ]
•	Feb 26, 2010 Drop in first quarter profits for FirstCaribbean group FOR the three month period ended January 31st, 2010, which is representative of the first quarter of the 2009-2010 financial year for FirstCaribbean International Bank Limited, there was a drop in profits of approximately US$7 million when compared to the previous year. [ more . . . ]
•	Feb 26, 2010 Scotiabank to focus on shareholder profit Continuing to post good profits in the first quarter of its 2009-2010 financial year, which runs from November to October 31, banking group Scotiabank this week made it clear that return on equity for shareholders will be its performance focus for this year and beyond. [ more . . . ]
•	Feb 26, 2010 S&P moves Jamaica out of selective default Following the successful completion of the Government of Jamaica debt-ex-change programme on Wednes-day, Standard & Poor's (S&P) raised ratings on the island, moving it out of selective default. [ more . . . ]
•	Feb 26, 2010 NCB to focus on loans portfolio to set off JDX THE National Commercial Bank (NCB) has signalled that a focus on its loans portfolio will guide its strategy for shoring up income lost from the financial fallout and the reduction in its interest income earnings from Government of Jamaica (GOJ) securities. [ more . . . ]
•	Feb 24, 2010 Trinidad Publishing Company Limited – Special Meeting of Shareholders Over the years your company, Trinidad Publishing Company Limited, has expanded its operations encompassing various aspects of the media. The Company was incorporated in 1917 and commenced business with the publication of a newspaper and in 1998 the operations of the Trinidad Broadcasting Group were assimilated into our organization. [ more . . . ]
•	Feb 24, 2010 Cement war rages on It appears there is no end in sight for the ongoing conflicts involving two key players in the local cement trade, with competition watchdog, the Fair Trading Commission (FTC), confirming this week that major importer of the product, Tank-Weld Metals Limited, has lodged a complaint against Caribbean Cement Company Limited (CCCL), alleging misleading advertising on the part of the Rockfort, Kingston-based producer. [ more . . . ]
•	Feb 24, 2010 Scotia profits up again. Can NCB keep pace? Scotia Group yesterday reported net profits of $2.774 billion over the first quarter ending January 31, 2009, an 11 per cent increase over the comparative period last year. [ more . . . ]
•	Feb 23, 2010 Furness delisting from TTSE costs $10m The two per cent of shares held by the public in Furness Trinidad Ltd cost Ignatius Ferreira, its chairman and chief executive, $10 million after the company was delisted from the T&T Stock Exchange (TTSE) last October. [ more . . . ]
•	Feb 22, 2010 Varying prospects for Fortress funds – but mostly good things expected FOR the remainder of 2010, there are a number of developments that could have a bearing on the performance of three of the funds managed by local investment firm Fortress Fund Managers. [ more . . . ]
•	Feb 22, 2010 Last quarter improves year for Fortress fund A fourth quarter return of 1.44 per cent has resulted in the Caribbean High Interest Fund managed by Fortress Fund Managers Limited ending the year with an overall return that was better than previously expected. [ more . . . ]
•	Feb 22, 2010 Central Bank going on-line The Central Bank of Barbados is making its economic information more accessible to its public effective this year. [ more . . . ]
•	Feb 19, 2010 Guardian Holdings Limited – Press Notice to Shareholders: The Effects of the Jamaica Debt Exchange The period for investors to commit to participating in the Jamaica Debt Exchange (JDX) has now closed. All indications are that the financial community has been very supportive with a take-up rate close to 100%. [ more . . . ]
•	Feb 12, 2010 GraceKennedy Limited – Jamaica Debt Exchange Programme GraceKennedy Limited has issued the following communication further to its press release of January 28, 2010, which stated that the Board of GraceKennedy Limited took the decision to fully participate in the Jamaica Debt Exchange (JDX) offer. [ more . . . ]
•	Feb 11, 2010 PLIPDECO Limited – Change in Directors PLIPDECO Limited has informed the Exchange that Mr. Wayne Punnette has been appointed as a Director for Point Lisas Industrial Port Development Corporation Limited (“PLIPDECO”) on the 9th day February, 2010. [ more . . . ]
•	Feb 10, 2010 RBC executive: All types of lending down With the exception of residential mortgages, all other types of lending are down, said Jim Westlake, a top executive at Royal Bank of Canada, which acquired RBTT in mid-2008. “Our numbers and projections, as you would expect, are affected by the economy. [ more . . . ]
•	Feb 10, 2010 FSSF 'crucial' - To contain destabilising impact of JDX The establishment of the US$950 million (J$85 billion) Financial Sector Support Fund (FSSF) created under the stand-by agreement between Jamaica and the International Monetary Fund is considered 'crucial' to stability, [ more . . . ]
•	Feb 10, 2010 Finance Ministry floats new treasury bonds - BOJ cuts short-term rate The Ministry of Finance has floated two new short term bonds on the market - with tenors of one and six months - which brokers say are comparable to the expected yields under the Jamaica Debt Exchange (JDX). [ more . . . ]
•	Feb 10, 2010 Scotia DBG contracts Scotia DBG Investments Limited has announced a contraction of its branches in a move to trim operational costs. [ more . . . ]
•	Feb 10, 2010 Senior staff, agency cuts at NCB With its profit spurt threatened by expected losses from the government-imposed debt swap, rising operational costs and income challenges in some segments of its operations, National Commercial Bank (NCB) has moved to trim its senior ranks, and has signalled deeper staff cuts and further shrinking of its sub-branches. [ more . . . ]
•	Feb 10, 2010 Jamaican banks safe Leading Jamaican banks are assuring account holders and other users of banking services that their savings and investments will be safe and that they will be able to get cash and access other financial services in the event of a major catastrophe, such as a serious earthquake or hurricane. [ more . . . ]
•	Feb 10, 2010 Government of Trinidad and Tobago Bond Listing On Wednesday 10th February, 2010 a bond issued by the Government of the Republic of Trinidad and Tobago with a face value of TT$3,399.8 million will be listed on the Stock Exchange. [ more . . . ]
•	Feb 05, 2010 IMF says yes - US$1.27b loan for Jamaica approved - US$950m fund for financial sector THE INTERNATIONAL Monetary Fund (IMF) on Thursday approved a US$1.27-billion (SDR 820.5 million) standby lending facility for Jamaica, and pave the way for other multilaterals to pour in additional capital of up to US$1.1 billion. [ more . . . ]
•	Feb 05, 2010 Intralot buys 49.9%of SVL THE CARIBBEAN subsidiary of Greek technology firm, Intralot SA, is now the single-largest shareholder in Supreme Ventures Limited (SVL), but the company has strategically confined its acquisition to 49.9 per cent of the gaming company, avoiding a takeover. [ more . . . ]
•	Feb 05, 2010 Caribbean exchanges to install fully integrated trading platform TRAYPORT Exchange Systems has announced two new contracts with the Barbados Stock Exchange and the Dutch Caribbean Securities Exchange NV. Trayport's Exchange Trading System will provide both exchanges with a fully integrated trading platform allowing them to develop their markets in debt and equity securities. [ more . . . ]
•	Feb 05, 2010 JDX extended again for late applicants THE FINANCE ministry said Wednesday that the Jamaican Government would continue to accept applications under the Jamaica Debt Exchange (JDX) programme up to the final settlement date on February 16. [ more . . . ]
•	Feb 04, 2010 Listing of Shares – Prestige Holdings Limited 23,681 Ordinary Shares in Prestige Holdings Limited will be listed on the Stock Exchange effective Thursday 4th February, 2010 thus increasing the Company’s issued share capital to 62,010,792 Ordinary Shares. [ more . . . ]
•	Feb 03, 2010 Benchmark rates drop by over 400 bps, but still higher than JDX short-term notes TREASURY bill rates dropped over 400 basis points (bps) in the latest issues of the short-term instruments. [ more . . . ]
•	Feb 03, 2010 Scotia launches new SME facility SCOTIABANK will today open a six-month offer of loans to small and medium enterprises (SMEs) at a fixed rate of 16.75 per cent for one year. [ more . . . ]
•	Feb 03, 2010 NCB bracing for JDX losses - Bank to raise fees, cut costs to maintain profits National Commercial Bank of Jamaica (NCB), having boasted more than 16 per cent gain in first quarter profit, is already bracing for fallouts from the Jamaica Debt Exchange (JDX) programme. [ more . . . ]
•	Feb 03, 2010 Cohen to run NCB Cap Markets NCB Capital Markets Limited (NCBCM) continues to lose senior staff, but its parent National Commercial Bank of Jamaica is now saying it will not be recruiting a new chief executive for the wealth management subsidiary. [ more . . . ]
•	Feb 03, 2010 Stock market regresses six years - Wealth depleted to $493b from high of $820b The Jamaican stock market is performing at levels not seen for six years, as equities struggle to compete with other investments, notwithstanding an environment of falling interest rates that, theoretically, should be good for stocks. [ more . . . ]
•	Feb 03, 2010 Fewer loans, less spending in 2010 Trinidadians and Tobagonians are buying fewer cars, building fewer homes and spending more on their credit cards [ more . . . ]
•	Feb 03, 2010 Prestige Holdings Limited – Notice of the Appointment of Director Prestige Holdings Limited is pleased to announce that Mr. Charles Pashley has been appointed a member of the Prestige Holdings Limited Board of Directors effective February 1, 2010, prior to his permanent appointment as Group Chief Executive Officer on April 1, 2010 as previously announced. [ more . . . ]
•	Feb 01, 2010 NCB's net profit jump 16% NATIONAL Commercial Bank (NCB) made $2.77 billion net profit for the three months ending December 31, 2009. [ more . . . ]
•	Feb 01, 2010 Cement prices rise STARTING TODAY, customers are expected to dig deeper into their pockets when purchasing a bag of cement. [ more . . . ]
•	Jan 29, 2010 Slowdown cuts Republic's profit The Republic Bank Group has posted a profit attributable to shareholders of $236 million for its first quarter ended December 31, 2009. [ more . . . ]
•	Jan 29, 2010 JDX will result in short-term losses for some institutions THOUGH the financial sector has come out in strong support of the Government's Jamaica Debt Exchange (JDX) programme, many will report losses as a result, some significant. [ more . . . ]
•	Jan 29, 2010 Judgment reserved in TCL case against Guyana Govt Judgment has been reserved in the matter involving Trinidad Cement Ltd (TCL) and its subsidiary, TCL Guyana Incorporated (TGI), following hours of legal arguments at the Caribbean Court of Justice (CCJ) against the Government of Guyana. [ more . . . ]
•	Jan 29, 2010 CEO position unfilled - First Global regroups with new team members IAN KELLY, the former head of RBTT Securities, has joined First Global's management team as senior vice-president, asset management and advisory services, at First Global Financial Services Limited (FGFS), one of five new appointments made this month. [ more . . . ]
•	Jan 29, 2010 GK, Scotia seal loan deal IN A deal worth $1.875 billion, conglomerate GraceKennedy Limited has secured financing to replace short-term bridge capital that was poured into its new warehousing and distribution hub under development on lands at Bernard Lodge, on the outskirts of Spanish Town. [ more . . . ]
•	Jan 28, 2010 Ruling in Paymaster/Grace case by March SUPREME Court judge Roy Jones is expected to hand down a decision in the copyright infringement/breach of contract claim brought by Paymaster Jamaica Ltd against GraceKennedy Ltd and software developer Paul Lowe, by March -- a landmark, precedence-setting ruling that could reshape the way corporate Jamaica henceforth treats with contracts and other issues related to intellectual property. [ more . . . ]
•	Jan 28, 2010 JDX success! - Shaw says programme meets target Offer extended to assist small bondholders FINANCE MINISTER Audley Shaw yesterday reported a 91 per cent take-up of the $701-billion Jamaica Debt Exchange (JDX) bond offer, ahead of the 90 per cent target, but said not all the subscriptions had been tallied. [ more . . . ]
•	Jan 28, 2010 GraceKennedy Limited – Jamaica Debt Exchange Programme The Board of Directors of GraceKennedy Limited has approved the company’s full participation in the Government of Jamaica’s Debt Exchange Programme. This participation extends to all subsidiaries of GraceKennedy Limited, including First Global Bank Limited, First Global Financial Services Limited and Jamaica International Insurance Company Limited. [ more . . . ]
•	Jan 28, 2010 Guardian Holdings Limited – Announcement of Support for Jamaica’s Debt Guardian Holdings Limited and our member companies in Jamaica – Guardian Asset Management, Guardian Life Limited and West Indies Alliance – wish to announce our support of the Debt Exchange initiative proposed by the Government of Jamaica. [ more . . . ]
•	Jan 27, 2010 0.5 per cent growth this year, says PM THE BARBADOS economy is likely to grow at a rate of 0.5 per cent this year, while the inflation rate has moderated over the past year. [ more . . . ]
•	Jan 27, 2010 'Manufacturing sector key to growth' The manufacturing sector contracted 5.6 per cent in the third quarter of last year even though the Central Bank is projecting two per cent growth in 2010. [ more . . . ]
•	Jan 25, 2010 Sagicor Life exec bats for IRAs at JSE regional conference AN individual retirement account (IRA) is a great tool for gaining significant tax advantages on your retirement savings, according to Sagicor Life Jamaica investment manager Brenda-Lee Martin. [ more . . . ]
•	Jan 25, 2010 Scotia banks on Lopez DEBRA Lopez has resigned as director of wealth management at FirstCaribbean International Bank Jamaica (FCIBJ) effective next month and will be joining Scotiabank Jamaica to head up its private banking arm -- Scotia Private Client Group (SPCG). [ more . . . ]
•	Jan 25, 2010 NCB, Capital & Credit accept GOJ Debt Exchange National Commercial Bank (NCB) and Capital & Credit Financial Group (CCFG) have formally accepted the government's Debt Exchange offer. [ more . . . ]
•	Jan 25, 2010 Rebalance the economy Former Central Bank Governor, Sir Courtney Blackman, stated: “In Barbados, we need to focus on rebalancing the economy.” [ more . . . ]
•	Jan 25, 2010 Williams wants more diversity The government sector is carrying the local economy. This is not sustainable and measures must be taken to give the private sector the confidence to restart investments in productive projects, said Central Bank Governor, Ewart Williams. [ more . . . ]
•	Jan 22, 2010 World tourism to rebound from crisis in 2010, says UN Global tourism is set to rebound in 2010 after the economic crisis and the swine flu pandemic produced "one of the most difficult years" for the sector, the UN World Tourism Organisation. [ more . . . ]
•	Jan 22, 2010 RBC's US$2.2-billion RBTT acquisition in integration phase THE US$2.2-billion RBC acquisition of Trinidadian banking house Royal Bank Trinidad and Tobago (RBTT) is now in the integration phase, with executives confirming the official merge is "soon to come". [ more . . . ]
•	Jan 22, 2010 Auto dealers see tough year ahead This year will be very challenging for Toyota in T&T, says Charles Campbell, Human Resource Manager at Toyota Trinidad and Tobago Limited. Speaking at the launch of the Employers Consultative Association (ECA) 50th anniversary celebrations [ more . . . ]
•	Jan 22, 2010 Williams: 2% growth for economy in 2010 The good news is that Trinidad and Tobago’s economy should grow by two per cent this year after no expansion last year. [ more . . . ]
•	Jan 22, 2010 Two leave Angostura board Former CL Financial chief executive Steve Bideshi and former group chief financial officer Michael Carballo have resigned as directors of CL subsidiary Angostura Holdings Ltd, days after they announced their departure from the insurance and real estate conglomerate. [ more . . . ]
•	Jan 21, 2010 Listing of Shares – FirstCaribbean International Bank Limited 3,240,154 Ordinary Shares in FirstCaribbean International Bank Limited will be listed on the Stock Exchange effective Friday 22nd January, 2010 thus increasing the Company’s issued share capital to 1,525,176,762 Ordinary Shares. [ more . . . ]
•	Jan 20, 2010 Supreme Ventures Limited – SVL Restructures Gaming Lounge Operations at May Pen Supreme Ventures Limited (SVL) has announced the restructuring of its operating hours at the Acropolis May Pen Gaming Lounge. The new operating hours will take effect on Wednesday 20th January 2010. [ more . . . ]
•	Jan 19, 2010 Prestige Holdings Limited – Notice of the Appointment of CEO Prestige Holdings Limited is pleased to announce that effective April 1, 2010, Mr. Charles Pashley will be joining the PHL family as the Group Chief Executive Officer. He will also be a member of the Company’s Board of Directors. [ more . . . ]
•	Jan 15, 2010 350 bonds recalled - 24 new issues for placement Jan 18 The Jamaica Debt Exchange programme, made public on Thursday, will replace 350 Government of Jamaica bonds held by financial institutions and retail investors with 24 new notes in four classes, and cut as much as 16 percentage points off the prevailing interest charges. [ more . . . ]
•	Jan 15, 2010 Fitch Downgrades Jamaica's Local Currency Ratings to 'C' Outlook remains negative Fitch Ratings yesterday downgraded Jamaica's long-term local currency rating to 'C' from 'CCC'. In addition, Fitch has affirmed Jamaica's long-term and short-term foreign currency ratings at 'CCC' and 'C' respectively, and affirmed the Country Ceiling at 'B-'. Jamaica's sovereign ratings Outlook remains Negative. [ more . . . ]
•	Jan 15, 2010 Trinidad & Tobago plants its flag in corporate Jamaica OVER the last decade and a half, a number of leading Jamaican businesses have been snapped up by Trinidadian companies as a result of their ineffective management, a hostile operating environment and under-capitalisation. [ more . . . ]
•	Jan 12, 2010 Sagicor Financial Corporation – Statement on Private Placement The following press release was received from Sagicor Financial Corporation: Sagicor Financial Corporation (Sagicor) is a strong financial institution. Throughout its long history, the Board and Management have always adopted a conservative and prudent approach to managing its business. [ more . . . ]
•	Jan 11, 2010 Grace batting for its new 'one-stop shop' GraceKennedy (GK) subsidiary Hardware and Lumber Limited (H&L) says its recent consolidation of Western Union and Bill Express stores within its network is in an effort to promote synergies between the GK Brands. [ more . . . ]
•	Jan 11, 2010 Capital & Credit Financial Group Limited – Announcement of Strategic The Chairman & Group President of the Capital & Credit Financial Group Ltd. (CCFG), Mr. Ryland T. Campbell, C.D., has announced strategic re-organizing and re-structuring changes to the Organization aimed at achieving greater revenue, productivity, efficiency and improved customer service delivery. [ more . . . ]
•	Jan 08, 2010 All's well at Sagicor! RUMBLINGS in Trinidad and Tobago over a decision by Sagicor Financial Corporation to sell 11.76 million new shares to the board of the National Insurance Scheme (NIS) here have caused the Barbados-based company to assure shareholders that all was well in the billion-dollar firm. [ more . . . ]
•	Jan 08, 2010 Sagicor to investors: 'We're not in trouble' Moving to scotch speculation that it might be in trouble after two deals to raise cash, Sagicor Financial Corporation (SFC) said Thursday that it merely needed capital to fund its expansion in the United Kingdom (UK) and the United States (US) [ more . . . ]
•	Jan 08, 2010 Guardian sheds European assets - Not exiting Jamaica, UK markets - Mack Guardian Holdings Limited (GHL) has shed two more subsidiaries, Gibraltar-based insurance carrier Zenith Insurance Plc and GHL Insurance Services UK Limited, but said the transactions should not be viewed as a pull back from the European market but, rather, the shedding of underperforming assets. [ more . . . ]
•	Jan 07, 2010 RBL’s Dulal-Whiteway predicts slower 2010 for loans David Dulal-Whiteway, managing director of Republic Bank Ltd (RBL), anticipates that 2010 would be slower than 2009 when it comes to customers taking loans from RBL. “If you look at our balance sheet, we are in a very good position to deal with all the uncertainties that may come our way this year. [ more . . . ]
•	Jan 07, 2010 Sagicor CEO explains Barbados transaction Sagicor Financial Corporation’s (SFC) private placement of Bds$39 million worth of shares to the National Insurance Board of Barbados was part of its 2009 business plan, which included capital raising to finance acquisitions in the United States and the United Kingdom, said Dodridge Miller, [ more . . . ]
•	Dec 31, 2009 Guardian Holdings Limited – Sale of European Motor Insurance Companies The following press releases were received from Guardian Holdings Limited and Markerstudy Holdings: Guardian Holdings Limited (GHL) announces the sale and disposal of its Gibraltar based insurance carrier, Zenith Insurance, and its UK based insurance service company, GHL Insurance Services UK Limited. [ more . . . ]
•	Dec 24, 2009 Prestige Holdings Limited – Notice of the Resignation of CEO Prestige Holdings Limited wishes to advise that Mr. Dane Darbasie, Chief Executive Officer and Director of the Company, has tendered his resignation, in order that he may pursue new business opportunities and challenges. [ more . . . ]
•	Dec 24, 2009 PLIPDECO Limited – Change in President PLIPDECO Limited has informed the Exchange that Mr. Roger Traboulay resigned from the Corporation effective August 14, 2009. [ more . . . ]
•	Dec 23, 2009 Agostini’s Limited – Notice to Shareholders of Acquisition of Smith Robertson & Company Limited and SuperPharm Limited We wish to advise that the Board of Directors of Agostini’s Ltd. (“Agostini’s”) has signed a Letter of Intent with Victor E. Mouttet Ltd. (“VEML”), to purchase from VEML 100% of the shareholding of Smith Robertson & Company Ltd. and SuperPharm Ltd., for which, VEML and Smith Robertson & Company Ltd. have recently signed a Letter of Intent to Purchase. [ more . . . ]
•	Dec 22, 2009 Alstons Limited – Notice of Class Meeting The following notice was received from Alstons Limited: NOTICE OF CLASS MEETING NOTICE IS HEREBY GIVEN that a SEPARATE CLASS meeting of the holders of the 7% Cumulative Preference Shares of no par value in the capital of the Company will be held at the ANSA McAL Board Room, 10th Floor, TATIL Building, 11 Maraval Road, Port of Spain on Wednesday 30th December, 2009 at 11:00 a.m. where the following ordinary resolution will be proposed: [ more . . . ]
•	Dec 18, 2009 BOJ cuts interest rates on open market instruments The Bank of Jamaica (BOJ) says the interest rates applicable to its open market instruments will be reduced by 200 basis points effective today. [ more . . . ]
•	Dec 18, 2009 CL Financial pushes Republic’s bad loans to $446M BAD LOANS expenses for the now partially State-owned Republic Bank Limited increased from $34 million in 2008 to $446 million in 2009 due largely to the expected impairment of loans to the CL Financial Group, the bank confirmed this week. [ more . . . ]
•	Dec 18, 2009 Sagicor Financial Corporation - Retirement of Chairman The following press release was received from Sagicor Financial Corporation: Sagicor Financial Corporation announces the retirement of its Chairman Terrence Martins from the Board of Directors with effect from December 31, 2009. [ more . . . ]
•	Dec 18, 2009 Neal & Massy Holdings Limited – Appointment of Group CEO Neal and Massy has informed the Exchange that Mr. Bernard Dulal-Whiteway passed away on Saturday 12th December, 2009 and that Mr. Gervase Warner has been appointed the new Group CEO. [ more . . . ]
•	Dec 16, 2009 FCIBJ weathers big impairment loss, sees profit growth FIRSTCARIBBEAN International Bank Jamaica (FCIBJ) took a $264 million impairment on loan losses during the final quarter of its financial year which ended October 31, 2009. [ more . . . ]
•	Dec 16, 2009 Carib Cement seeks US$15-m debt swap A shortage of cash has forced Caribbean Cement Company (CCC) to ask its parent company, Trinidad Cement Limited (TCL) to swap US$15 million of the debt for preference shares in the company. [ more . . . ]
•	Dec 14, 2009 NCBJ Limited – Notice to Shareholders The following Notice to Shareholders was received from National Commercial Bank Jamaica Limited: With effect from January 1, 2009, all ordinary dividends paid by Jamaican resident companies to resident shareholders will be taxable at a nil rate. [ more . . . ]
•	Dec 11, 2009 Lok Jack outlines - Guardian's recovery plan Guardian Holdings Limited (GHL) has targeted TT$100 million of cuts to operating expenses, while growing revenues, to recover lost ground from the write-off of its loss-making British motor insurance subsidiary, Zenith. [ more . . . ]
•	Dec 09, 2009 NCB selected Jamaica's top bank National Commercial Bank Jamaica Limited (NCB) has been named Bank of the Year 2009 by The Banker, designating it the top entity in its home country. [ more . . . ]
•	Dec 09, 2009 Proven seeks US$20m from listing THE new investment vehicle led by Peter Bunting, Mark Golding, Gary Sinclair and Christopher Williams will be called Proven Investments Limited and will be looking to raise between US$15 and US$20 million when it lists on the Jamaica Stock Exchange (JSE) early in the new year. [ more . . . ]
•	Dec 09, 2009 PCFS purchase gains $1.1b for Sagicor Life Sagicor Life Jamaica (SLJ) last month paid its parent -- Sagicor Financial Corporation (SFC) -- $2.53 billion for an additional third share in Pan Caribbean Financial Services (PCFS), but the local life insurer has seen the value of its investments jump 43 per cent. [ more . . . ]
•	Dec 09, 2009 A Change For ROYTRIN Investors Local banking group RBTT Financial and its Canadian parent Royal Bank of Canada are changing the way rates are calculated for their Roytrin TT dollar and US dollar income funds. [ more . . . ]
•	Dec 09, 2009 GHL looking to Central America Insurance group Guardian Holdings Ltd is more focused now than it has been in a while. Group chief executive Jeffrey Mack describes the process to write off hundreds of millions of dollars of struggling business and ring fence its core operations as a ’refocusing’ of the Westmoorings-based group. [ more . . . ]
•	Dec 07, 2009 Agostini’s profits plummet to $705,000 Agostini’s Ltd’s profits for the year ended September 30, 2009, plummeted to $705,000 following the company’s decision to sell the loss-making Agos Lighting. As a result, the board of Agostini’s has decided that no dividend will be paid this year. The company disposed of Agos, its subsidiary of 40 years, in September, after it suffered losses for “some time.” [ more . . . ]
•	Dec 07, 2009 Sagicor Financial Corporation - Sale of shareholding in Pan Caribbean Financial Services Limited Sagicor Financial Corporation (SFC) announces that it has sold its 33.3% shareholding in Pan Caribbean Financial Services Limited (PCFS) to its subsidiary Sagicor Life Jamaica Group (SLJ) as part of an internal realignment of the Group’s interests in Jamaica. [ more . . . ]
•	Dec 04, 2009 Barbados Central Bank Governor says no need to fear over ratings fall Barbados' new Central Bank Governor says there's no need to worry about the recent downgrade in the country's economic outlook by rating firm, Standard & Poor's (S&P). In fact, Dr DeLisle Worrell says it doesn't mean much considering Barbados is not seeking a loan on the international market.

TRADING DATE: 2010-03-19
Security	Volume	Closing Quotes	Change	Offer	Bid
Banks:
BCBTT	-	13.20	-	-	-
FCIB	-	7.09	-	-	7.11
NCBJ	-	1.01	-	1.10	1.03
RBL	3,930	74.96	-0.03	74.96	73.00
RBTT	-	36.50	-	-	-
Scotiabank	25,000	35.99	-0.01	35.99	35.00
Non-Banking Finance:
ANSA Merchant	2,886	30.06	0.04	30.50	30.06
CCFG	-	0.52	-	0.47	-
GHL	30,987	13.10	-	13.50	13.10
JMMB	77,107	0.29	-	0.30	0.29
NEL	200	10.15	-	10.25	10.16
Sagicor	2,968	10.28	-0.02	10.28	10.10
SDBG	-	1.40	-	-	1.40
Conglomerates:
ANSA McAL	11,592	45.00	-	45.50	45.00
BS&T Ltd.	-	27.93	-	-	-
Grace Kennedy	15,000	4.50	-	4.50	4.25
Neal & Massy	11,346	45.05	-	45.04	45.00
Trading:
Agostini's Ltd	-	7.50	-	-	8.25
LJ Williams A	-	0.54	-	0.49	-
LJ Williams B	-	0.99	-	-	0.90
Prestige	-	4.00	-	3.93	3.85
SVL	3,200	0.18	-	-	-
Property:
PLIPDECO	-	5.91	-	5.93	5.81
Valpark	-	5.00	-	-	-
Manufacturing:
Angostura	-	6.90	-	-	-
Berger Paints	-	3.25	-	-	2.93
Flavorite Foods	-	5.30	-	-	5.35
Guardian Media Limited	-	21.87	-	19.69	-
NFM	-	0.96	-	0.95	0.91
OCM	-	17.50	-	15.75	-
Readymix	-	31.35	-	28.22	-
TCL	15,000	3.51	-	3.51	3.50
Unilever	2,039	18.42	1.67	-	18.42
WITCO	9,380	40.00	-	41.00	40.00
Other Securities:

Preference:
Alston 7% Pref.	-	7.07	-	7.07	-
CCMBP	-	0.14	-	-	0.15
Guardian Media Ltd 8% Pref.	-	65.00	-	65.00	63.50
LJ Williams 8% Pref.	-	3.30	-	-	-
Second Tier Market:
First National Credit Union	-	1.00	-	1.00	-
Moraven	-	13.50	-	12.99	12.15
Property / Mutual Fund:
Fortress Caribbean Property Fund	-	5.11	-	5.10	-
Praetorian Property Mutual	-	3.50	-	-	3.85
Savinvest Asia/India	-	62.00	-	68.00	62.00