Published:Tuesday | April 12, 2016 | 12:00 AMSteven Jackson
Jamaican artiste OMI sold more than 8.3 million digital units of his hit single Cheerleader, which previously received minimal play in Jamaica then globally...
Published:Thursday | April 14, 2016 | 12:00 AMSteven Jackson
THE NEW auditors for lossmaking C2W Music Limited are unclear about the completeness of the royalty income stream of the listed music publisher and have...
Published:Wednesday | April 6, 2016 | 12:00 AMSteven Jackson
Brokerage house NCB Capital Markets Limited doubled the value of its investment in the listed bus service Knutsford Express to over $450 million, based on the price movements of the stock in the March quarter alone.The stock movement represented the...
Published:Friday | April 8, 2016 | 12:00 AMSteven Jackson
Jamaica Broilers Group's acquisition of its second hatchery in the United States gives it access to new customer base of up to 20,000 consumers.The poultry producer purchased the hatchery assets of Welp Inc in Iowa at the end of March. The move...
Published:Monday | April 11, 2016 | 12:00 AMSteven Jackson
Jamaicans are borrowing a lot more from banks with household debt now at a decade high and growing twice as fast as income.It tells a tale of Jamaicans increasing their personal debt for buying cars, electronics and other items much faster than they...
Published:Tuesday | April 12, 2016 | 12:00 AMSteven Jackson
Meeting the tax-relief election promise will put the fiscal targets of the economic programme under pressure, says co-chair of the Economic Programme Oversight Committee (EPOC) Richard Byles.Jamaica will enter its final year under the International...
Published:Friday | April 1, 2016 | 12:00 AMSteven Jackson
Sterling Investments Limited (SIL) listed its shares on the US-dollar equities index last Friday in order to make the stocks more attractive to hard currency investors, the company said.The stock already trades in the Jamaica Stock Exchange (JSE)...
Published:Monday | March 28, 2016 | 5:23 PMSteven Jackson
Migrant workers sent home US$2.2 billion in gross remittances to Jamaica for the 2015 calendar year, or three per cent higher than a year earlier.Remittances are a major source of foreign exchange for the cash-strapped island.Of that amount, net...
Published:Tuesday | March 29, 2016 | 12:00 AMSteven Jackson
The National Commercial Bank of Jamaica (NCB) has defended its decision to make political contributions to the Jamaica Labour Party (JLP) and the People's National Party (PNP) in to the lead-up to the general election last month.The bank said it...
Published:Tuesday | March 29, 2016 | 7:29 AMSteven Jackson
Property sales are up by double-digits, with taxes nearing $9 billion during the last fiscal year, but that hardly reflects the industry's potential, according to realtor Deborah Cumming.She wants the Government to implement its manifesto promise of...
Published:Thursday | March 24, 2016 | 5:29 PMSteven Jackson
National Commercial Bank Jamaica (NCB) revealed that it recently started targeting small businesses in the United Kingdom (UK) to secure loans locally through its retail banking division.It is the latest drive to focus on overseas small and medium-...
Published:Tuesday | March 22, 2016 | 12:00 AMSteven Jackson
Colin Bullock's three-year contract as director general of the Planning Institute (PIOJ) of Jamaica expires next month."You can indicate that my contract ends on April 15th," he confirmed to the...
Published:Wednesday | March 23, 2016 | 12:00 AMSteven Jackson
JMMB Securities aims to take a 20 per cent stake in Key Insurance Company Limited when the company launches its initial public offering via the junior stock...
Published:Monday | March 14, 2016 | 12:00 AMSteven Jackson
Baking Enterprises Limited, a Hendrickson company, has acquired the nine-acre Bellencita estate in Irish Town that was once the home of National Hero Sir Alexander Bustamante and Lady Bustamante.Titles Office records indicate that Baking Enterprises...
Published:Wednesday | March 2, 2016 | 12:00 AMSteven Jackson
Sagicor Pooled Equity Fund has snapped up millions of shares in General Accident Insurance Company Limited.The pooled fund now has the ninth-largest holding in...
Published:Wednesday | March 9, 2016 | 12:00 AMSteven Jackson
The Quality Dealers group, which specialises in manufacturing roofs, plans to sell and lease back its Red Hills Road complex. The company aims to raise US$2.5 million ($305 million) from the transaction in ...
Published:Thursday | March 3, 2016 | 12:00 AMSteven Jackson
Sterling Investments Limited (SIL), headed by Charles Ross, expects continued volatility in overseas bond and equity markets in 2016 arising in part from low commodity prices.Despite these challenges, SIL should still offer stable returns, the...
Published:Wednesday | February 24, 2016 | 12:00 AMSteven Jackson
National Commercial Bank Jamaica (NCB) awaits a determination from the European Investment Bank (EIB) on whether it can secure a €46-million ($6-billion) loan on...
