As Jamaica heads towards the next round of assessments by watchdog Financial Action Task Force, FATF, in February, the Prime Contact Secretariat housed at Bank of Jamaica says Companies Office of Jamaica is going public with the names of companies...
Jamaica Broilers Group Limited, JBG, entered six markets in the past year and is now looking towards both its regional and US segments to drive growth for the poultry company, notwithstanding logistical problems faced in exporting to new Caribbean...
Heavy equipment dealer IMCA Jamaica will move into its newly developed home in Kingston by year end, country director Jose Sasso said this week. But he’s not saying what’s to become of the company’s current operating base at 217 Spanish Town Road....
A real estate agent who sued the Real Estate Board of Jamaica, REB, over conditions to which she was subjected in order to qualify for a salesman licence has lost her bid to challenge an adverse Supreme Court ruling that sided with the regulator....
Jamaica Standard Products Limited, JSP, is venturing into what General Manager John Minott says is its first full-blown café, to be called Island Blue Coffee House, a brand to be tested initially in the coffee company’s home parish of Manchester....
Jamaica Stock Exchange Limited, which operates as JSE Group, is prospecting for business within the Caribbean as a custodian of investment securities. The intent to go regional was first disclosed during the capital markets conference co-hosted by...
Within days, the disputed takeover of minority holdings in Petrojam by the Jamaican government is likely to get a hearing from an international arbitration panel. It comes amid new disclosure by the Ministry of Finance that PDV Caribe SA, a...
The Trade Board Limited will be opening up pre-owned vehicle inspections to multiple players when the current contract for the Japanese service provider expires in January. The agency has already began recruitment with ads requesting bids from...
Rural folks are earning $2 billion annually from supplying young trees used as yam sticks, but it comes at a cost, says President of the Jamaica Agricultural Association Lenworth Fulton. “Jamaica could be losing 37 million young trees yearly to yam...
American company WizdomCRM is putting down roots in the region, through subsidiary WizdomCRM Caribbean Limited, which trades as Edutech, starting in Trinidad...
Richard Serrano, a retired IRS-Criminal Investigation special agent who is currently the interim head of investigations at Citibank, says the nature of cargo movement allows age-old trade-based money laundering to proliferate, and that banks need...
JSE Group Chairman Julian Mair is pitching the stock market as a way to sustain legacy and share in the benefits of a growing economy. It’s a message he took to Guyana, where the capital market is lagging the oil economy’s growth spurt. “The...
Guyana is poised to sidestep the contractionary cycle that’s about to deepen into recession in global economies, says investment banker Gregory Fisher. However, speaking at the first JSE Guyana Capital Markets Conference, held in Georgetown on...
There is no shortage of investment opportunities in sectors beyond oil, but the country’s capital markets lack capacity to handle the levels of financing needed, Guyana’s finance minister said on Tuesday. At the inaugural JSE Guyana Capital Markets...
Kemtek Development and Construction Limited is now marketing a new residential complex in Portmore called Oak Estate that’s priced at mid-tier buyers. The project is being executed in four phases, the first of which will incorporate 144 units for...
The Jamaica Bankers Association, JBA, has not put a cost on the ongoing job of deploying new machines and technology for handling the polymer notes released by the Bank of Jamaica, but says the banks are feeling the sting. It’s said to cost up to...
General Accident Insurance Company Limited has no immediate plans or need to raise capital when it migrates to the main market of the Jamaica Stock Exchange, Chairman Paul B. Scott has said. At the company’s annual general meeting on Friday, Scott...
Restaurant Associates Limited Chairman Richard Lake, who operates the Burger King and Popeyes franchises, says while the fast-food or quick-service restaurant chains generally support the Jamaican economy, he has ruled out doing business with...
Another junior market company has announced its intention to graduate to the main market of the Jamaica Stock Exchange, saying its business has matured enough over the past decade to handle the more stringent requirements. General Accident...
On the heels of adding a new business line, large auto trader Stewart’s Automotive Group will be hosting its first job fair in mid-September in hope of netting talent in a competitive jobs market. The company now has five auto business units, the...
A year after entering the local market, InDrive, a Siberian company by origin that operates a global service rivalling Uber, says ridesharing has been growing in Jamaica and it’s due to the depth of internet penetration, which encompasses nearly...
Unicomer, operator of the Courts furniture network, will open a second store in Portmore in St Catherine next month, while laying claim to nearly half of the Jamaican market amid continuing expansion. It will operate from leased space in a new...
At first blush, the numbers provided by the Jamaica Special Economic Zone Authority appear to suggest a dramatic change in the SEZ landscape, based on the implied eighteenfold growth in revenue flows from one year to the next. But the special...
Unicomer Jamaica will be introducing a new line of industrial-grade equipment for the Jamaican market through its retail subsidiary, Courts, which up to now has only catered to a consumer market with household furniture and appliances. The company...
The company approved as the purchaser of Mystic Mountain Limited, Northjam Island Tours Limited, is expected to pay US$13 million for the bankrupt business, the Financial Gleaner has learnt. The new owner is now expected to take over the business...
