Published:Friday | June 16, 2017 | 12:00 AMNeville Graham
Jamaica Producers Group (JP) is pulling out of New Kingston, where its corporate headquarters has resided for more than three decades, and will be setting up operations near the wharf on the Kingston waterfront.The move, planned for October 1,...
Published:Thursday | June 15, 2017 | 12:00 AMNeville Graham
Jetcon shareholders approved a three for one stock split at the company's first general meeting as a listed company on Wednesday.The unanimous vote clears the way for the execution of the...
Published:Thursday | June 8, 2017 | 12:00 AMNeville Graham
West Indies Home Contractors (WIHCON) set up new headquarters at Harbour Head in East Kingston consolidating at least three bases from which the six-decade old company operated in the capital.The relocation took seven months to complete.WIHCON now...
Published:Tuesday | May 30, 2017 | 12:00 AMNeville Graham
Jamaica has opened up its special economic zones, or SEZs, to car importers, but is offering assurances that it comes with safeguards to prevent leakage of uncustomed vehicles into the local market...
Published:Tuesday | June 6, 2017 | 12:00 AMNeville Graham
Factories Corporation of Jamaica (FCJ) is in talks with a number of companies that have expressed initial interest in both financing and redeveloping the old Goodyear factory complex into an urban centre for St Thomas, according to the state agency...
Published:Friday | June 2, 2017 | 12:00 AMNeville Graham
A cable company based in the Bahamas has tapped Jamaica for financing through two issues of preference shares that will trade on the Jamaica Stock Exchange (JSE).One of the preference stocks listed Friday has set a new record for price on the...
Published:Thursday | June 1, 2017 | 12:00 AMNeville Graham
The disposal of non-performing assets and one-off gains accounted for a third of the spike in profits at food and financial services conglomerate GraceKennedy Limited.Group CEO Don Wehby...
Published:Tuesday | May 30, 2017 | 12:00 AMNeville Graham
Business and consumer confidence remain at an eleven-year high, but consumer spending patterns appear to be taking a different trajectory in what pollster Don Anderson sees a potential worrisome development.He notes that the issue, alongside a...
Published:Thursday | May 25, 2017 | 12:00 AMNeville Graham
Gaming company Supreme Ventures Limited says it is already allocated $250 million towards upgrading Jamaica's horse racing track, Caymanas Park.The investments...
Published:Thursday | May 25, 2017 | 12:00 AMNeville Graham
Specialist hardware outfit Jamaica Plumbing Supplies Limited is said to be mulling an approach to the market, likely with a public offer of shares.The 29-year-old company...
Published:Tuesday | May 23, 2017 | 12:00 AMNeville Graham
The new owners of Caribbean Flavours and Fragrances Limited are finalising a five-year plan to grow the company with consideration to revamp the product portfolio to add new streams of revenue and potentially reshape supply logistics.The plan will...
Published:Friday | May 12, 2017 | 12:00 AMNeville Graham
Seprod CEO Richard Pandohie is already predicting a big year for the manufacturing conglomerate, citing both the first-quarter results and projects to be rolled out in the months ahead."Based on our first-quarter results, we're already ahead of...
Published:Monday | May 15, 2017 | 12:00 AMNeville Graham
Listed pre-owned auto dealer Jetcon Corporation is looking to expand to maximise on last year's bull run that has carried over into the company's first quarter of this year.Jetcon grew revenues by 75 per cent to $258 million in the March quarter....
Published:Tuesday | May 16, 2017 | 12:00 AMNeville Graham
Sweet River Abattoir & Supplies Company made a modest turnaround, its fourth-quarter results show, and the company aims to shore up its operations by formalising contracts with its business partners...
Published:Friday | May 12, 2017 | 12:00 AMNeville Graham
Reconnection with the membership, a sales approach to product delivery and customer service, along with keen attention to regulatory requirements, are three of the main areas of focus for Roxann Linton, the recently installed CEO of First Heritage...
Published:Tuesday | May 9, 2017 | 12:00 AMNeville Graham
GraceKennedy has exited its decade-old investment in Trident, a general insurer based in Barbados, and is reporting a gain from the sale of its 30 per cent stake in a deal finalised on Monday.The conglomerate sold its share in Trident for $56...
Newly minted president and CEO of Sagicor Group Jamaica, Christopher Zacca, is preaching continuity even as he touts innovation and change at the financial conglomerate.He told a gathering of clients, power brokers and captains of industry that he...
Published:Wednesday | May 3, 2017 | 12:00 AMNeville Graham
The majority partner in MBJ Airports Limited, the consortium that operates Sangster International Airport in Montego Bay, is going after a second airport concession...
Published:Tuesday | May 2, 2017 | 12:00 AMNeville Graham
GraceKennedy Group CEO Don Wehby has snagged the services of retired banker Peter Moses, who has been hired as a consultant for the financial group and will eventually take on the chairmanship of the conglomerate’s commercial banking business...
Published:Tuesday | April 25, 2017 | 12:00 AMNeville Graham
A new housing development targeting the burgeoning Airbnb market is in the early phases of development in Discovery Bay, St Ann. The development, called Mellos Crest, has...
Published:Friday | April 21, 2017 | 12:00 AMNeville Graham
The world's largest real-estate franchise, Keller Williams, has awarded a permit to St Ann-based Meldam Realty to operate to operate offices in Jamaica under the American-based company's name.Chief executive officer of Meldam, Rory Marsh, said the...
Published:Wednesday | April 19, 2017 | 12:00 AMNeville Graham
Mexican luxury hotel group Palace Resorts has acquired Rooms Ocho Rios in St Ann for an undisclosed sum, having hammered out a deal with the property's owners, the Urban...
