Published:Thursday | April 13, 2017 | 12:00 AMNeville Graham
Jamaican Teas shareholders approved a two-to-one split of the stock on Wednesday to boost value amid expectations the stock will continue to appreciate as the company grows.The split, the second in just over a year, took effect a date after the vote...
Published:Friday | April 14, 2017 | 12:00 AMNeville Graham
Dover Raceway St Ann comes alive on Easter Monday with Total Lubricants Carnival of Speed. President of the Jamaica Millennium Motoring Club Monique Gibbs is promising that those who make the journey will be rewarded with fast-paced action, keen...
Published:Thursday | April 6, 2017 | 12:00 AMNeville Graham
A new company called Master Lube has entered the lubricants market, but its operations are confined to the distribution of imported brands on behalf of a Trinidadian firm, for now.In another year or two, however, the new entrant plans to branch out...
Published:Thursday | March 30, 2017 | 12:00 AMNeville Graham
GraceKennedy Money (GKMS) Services is expanding into a new arena as a moneylender, a market segment that offers immediate loans in small quantities that are expensively priced to offset the risk.Last October, GK Investments Limited got the green...
Published:Friday | March 31, 2017 | 3:17 PMNeville Graham
Industry Commerce, Agriculture and Fisheries Minister Karl Samuda says he is prepared to take the blame for any bureaucratic impediments in the drive for exports and industry growth. He says the Ministry is in the unique position of having...
Published:Wednesday | March 29, 2017 | 12:00 AMNeville Graham
In two to three months, a new branch of First Global will open in Portmore, growing the network to eight, alongside its corporate banking centre.The outlet...
Published:Tuesday | March 28, 2017 | 12:00 AMNeville Graham
Bedding company Therapedic Caribbean has been contracted to outfit the Hilton Rose Hall Hotel in Montego Bay, an arrangement that is expected to run for another two years.The 489-room hotel is locally owned by Sagicor Real Estate X Fund, a member of...
Published:Thursday | March 23, 2017 | 12:00 AMNeville Graham
A shift from repos to fee-based services has generated solid income for Barita Investments Limited, but adjustments to support services and products as the realignments occur have also led to big expenses.The upshot is that while Barita made net...
Published:Thursday | March 23, 2017 | 12:00 AMNeville Graham
Jamaican bunkering company West Indies Petroleum (WIP) says it is ready to be a bigger player in the regional fuel market, in addition to becoming the major supplier of low-cost...
Published:Wednesday | March 22, 2017 | 12:00 AMNeville Graham
Construction support services company SCL Jamaica Limited is on a northward push with the opening of their first outlet outside the capital on Wednesday.The 22-year-old...
Published:Tuesday | March 21, 2017 | 12:00 AMNeville Graham
Norbrook Equity Partners led by Khary Robinson quietly took in the equivalent of $677.25 million of financing through private placements in the Jamaican market last week, supported entirely by institutional investors.Robinson said he went hunting...
Published:Thursday | March 16, 2017 | 12:00 AMNeville Graham
A new outfit, whose partners include well-known names in the business and investment community, has hung up its shingles on Lady Musgrave Road, but its principals are keeping...
Published:Thursday | March 16, 2017 | 3:26 PMNeville Graham
By May 1, this year Pioneer Manufacturing Distribution Company (PMD) will be making a regional push on the heels of the successful roll-out of a partnership with Sealed Air, the company that acquired Diversey in 2011. Managing Director Alfred...
Published:Tuesday | March 14, 2017 | 12:00 AMNeville Graham
Supercar brand Porsche is moving to the centre of the business district in New Kingston, where its showroom is in the final stages of development.ATL Automotive has leased the ground floor of a building from property conglomerate Pan-Jam Investment...
Published:Friday | March 10, 2017 | 12:00 AMNeville Graham
JN Group, through its bank and foundation, will be financing water projects from a $800 million pool of funds that are meant to make the commodity more accessible.Under an agreement signed Friday with the Inter-American Development Bank, JN Bank...
Published:Friday | March 3, 2017 | 12:00 AMNeville Graham
The disposal of its coffee investment and the reclassification of a subsidiary resulted in a sevenfold increase in annual profit for Jamaica Producers Group, its yearly results show.But even stripped of those one-off events, the food and logistics...
Published:Tuesday | March 7, 2017 | 12:00 AMNeville Graham
Denise Gallimore, manager for public-private participation and privatisation at the Development Bank of Jamaica (DBJ), is crediting changes in the project structure for the renewed and heightened interest in the proposed divestment of the Norman...
Published:Friday | March 3, 2017 | 12:00 AMNeville Graham
Real estate investment company Kingston Properties Limited (KPREIT) is to take a decision on a stock split at its next board meeting, meant to drive trading in the stock that is mostly, and tightly, held by institutional investors.KPREIT chairman...
Published:Friday | February 24, 2017 | 12:00 AMNeville Graham
Every decade, field agents deployed by the Statistical Institute of Jamaica, Statin, span out across Jamaica in search of information to hone the data set that is meant...
Published:Tuesday | February 28, 2017 | 12:00 AMNeville Graham
Dr David Lowe, general manager of Caribbean Producers Jamaica Limited (CPJ), says the company's half-year under-performance is linked to a streamlining of...
Published:Tuesday | February 21, 2017 | 12:00 AMNeville Graham
Jamaica Mortgage Bank (JMB) is hunting buyers for property at Longville Park in Clarendon, which it took over from an unnamed developer.JMB since at least November last year has been advertising for investors for the near-77-acre property,...
Published:Tuesday | February 21, 2017 | 12:00 AMNeville Graham
Prime Minister Andrew Holness is again signalling his administration's intention to leverage private pension investments into national development.Holness is arguing...
Published:Wednesday | February 22, 2017 | 12:00 AMNeville Graham
Jamaican technology company Amber Connect is close to signing a deal with a South African partner that will open up a market of around 10 million vehicles for its fleet- and...
