Jamaica Gleaner
Published: Sunday | May 31, 2009
Home : Business

LIME plays catch-up with 3G roll-out - Sees room for mobile growth in Jamaica
Nearly a full year after splashing out a contract worth US$30 million or J$2.1 billion to mobile technology giant, Sony Ericsson, LIME Jamaica is about to hit Jamaica with mobile broadband, having made sufficient progress on its high-speed, multi-capability 3G network, which is still being built.

GK Foods UK goes exploring for new markets - Targets India, Ghana and Europe
GraceKennedy Limited has rebranded its United Kingdom operations and collapsed WT Foods into what is now called Grace Foods UK, headed by Michael Ranglin. Now that unit, coming off a lossmaking year, is looking into undeveloped markets in India and West Africa, as well as new opportunities in Europe, to drive growth and reclaim profits.

Secret to a successful insurance claim: Read the fine print, don't fudge truth
Have you really looked at the premium payment grace period information specified in your life insurance policy? Do you even know what a 'premium payment grace period' is? What about other conditions in the policy? Do you understand them? You should, for if the worst were to happen...

Shopping for mortgages
It may not be the best of times to be shopping for a home in Jamaica. In general, it is more difficult to qualify for a mortgage now, as lenders attempt to deal with increasing loan defaults, clamping down on new credit in the process.

Can I afford to borrow?
QUESTION: I need to borrow some money to start my own business. I would like to buy a bus, start a sports bar, or even improve on my house so I can rent out the other side of it. Therefore, I am planning to borrow $2 million, but I owe the National Housing Trust $1.7 million.

Investing in hard currency instruments - Tread cautiously
If you intend to book a so-called flight to quality, that is, transfer all your savings to greenback instruments because of last year's 14 per cent depreciation of the Jamaican dollar, here's a piece of advice: Slow down! Before engaging in any wholesale ditching of Jamaican dollar instruments, do the math.

Caribbean regionalism slowly disintegrating
A little over a week ago, Sir Shridath Ramphal addressed some of those who will be the region's future ambassadors. His comments were framed in the context of Caribbean foreign policy. However, they also spoke to the future of regionalism in a Caribbean that, in the true meaning of the word, appears to be slowly disintegrating.


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