Day

May 26, 2017
Thursday, May 18, 2017 KINGSTON, Jamaica – The LASCO affiliated companies invested over US$23 million on expansion efforts across LASCO Manufacturing Limited (LASM), LASCO Distributors Limited (LASD) and LASCO Financial Services Limited (LASF) in the past financial year. As at May 1, the combined market capitalisation reached $53.8 billion, putting the group of companies fourth...
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Sunday, May 12, 2017 Lasco Distributors Limted wants US$490 million as the full payout from Pfizer in the long-running court case, documents related to the case indicate. The figure translates to around $64 billion in local currency. The courts are expected to make a decision shortly as both sides presented closing arguments in April in...
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Money transfer agencies in Jamaica are bracing for a possible fallout if a proposed tax on remittances from the United States takes effect. Acting general manager of JN Money Transfer, Horace Hines, says his firm is monitoring the discussions surrounding the proposal for the introduction of the tax. He told The Gleaner/Power 106 News Centre...
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BY STEVEN JACKSON steven.jackson@gleanerjm.com Sunday, April 26, 2017 The United States Congress has introduced a bill to impose a fee for remittance transfers to Jamaica and 41 other foreign countries, ostensibly to fund the building of a border wall with Mexico. The bill, entitled Border Wall Funding Act of 2017, is intended to amend the Electronic...
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