Stories by Steven Jackson

The Courtyard by Marriott hotel in New Kingston racked up nearly $1 billion in revenues, in its first year of operation, and provided a small boost to PanJam...

JN Fund Managers Limited (JNFM), which operates a securities dealership, has got a licence from the Jamaica Stock Exchange and can now include brokerage services in its product line-up...

A top ratings agency is saying Digicel Group needs to improve its free cash flow by next March in order to offset debt maturities.Digicel needs material recovery in free cash flow generation to avoid any potential refinancing risk of escalating debt...

Cable & Wireless Jamaica (C&WJ), which trades as Flow, posted net losses of $667 million on revenues of $6.8 billion in its third quarter ending December 2016, which reversed the profit earned in that period a year earlier...

Caribbean Cement Company Limited made annual profit of $1.3 billion last year, but it represented a shrinkage of the cement producer's bottom line, despite a spike in volume sales of cement in its major market.Profit was down 16 per cent relative to...

Tullow Oil surveyed far and wide offshore Jamaica, utilising modern oil-sensing equipment, but largely to no avail until fisherfolk led the company to an oil sheen near the Pedro Banks.Jerome Kelly, Tullow's exploration manager for the Caribbean,...

Cable & Wireless Jamaica (C&WJ), which trades as FLOW Jamaica, heralded its one millionth mobile customer last year, but its parent company is now reporting that the local...

Key Insurance Company posted a net loss for its full year, after suffering a pile-up of motor claims, which nearly equated to its record revenues.The company's milestone of $1.08 billion in revenues during its financial year ending December 2016...

Pragma consultants are now analysing the retail offerings at Sangster International Airport (SIA) in Montego Bay, ahead of midyear plans by the airport's management to put up 13 of its 63 retail shops for tender.The shop tenders will mean that...

International coffee chain Starbucks is weighing entry to the Jamaican market, likely through a franchise partner."We remain committed to expanding across the region and...

Jamaica ranks among the top five countries with high perception of their entrepreneurs, according to a global report, which also found that their 'stardom' fails at times to translate into sales and support.Socially, entrepreneurs are held in 'high...