Published:Tuesday | November 7, 2017 | 12:00 AMSteven Jackson
Paramount Trading Limited upgraded its chlorine plant and will start producing bleach at another plant after striking a deal with Seprod Limited in October for its bleach assets.Paramount will repackage chlorine products at one plant, mainly for the...
Published:Thursday | November 2, 2017 | 12:00 AMSteven Jackson
Wisynco Group, a top beverage maker, will tap the stock market for funds to expand its reach across Jamaica and pay down on debt, through an initial public...
Published:Wednesday | November 1, 2017 | 12:00 AMSteven Jackson
Deep Blue Cable, the new telecoms operation backed by Irishman Denis O'Brien, plans to extend its fibre-optic cable project beyond the Caribbean into the Americas.The company...
Published:Thursday | November 2, 2017 | 12:00 AMSteven Jackson
Lasco Distributors raved about its new canned salted fish as the forerunner of new products at the distributorship, seeking to avoid flatlining from its...
Published:Tuesday | October 31, 2017 | 12:00 AMSteven Jackson
Caribbean Cement Company Limited is now hedging its fuel bill to stabilise its costs.The hedges began in the second quarter, amid rising sales and profit at the Rockfort-based operation.The group entered into forward contracts through its ultimate...
Published:Tuesday | October 31, 2017 | 12:00 AMSteven Jackson
Jamaica worsened by three spots to rank 70 in the Doing Business Report 2018, released Tuesday by the World Bank.The fall comes despite gains in the business environment - it's just that other economies performed even better in the pace of their...
Published:Friday | October 27, 2017 | 12:00 AMSteven Jackson
BEIJING, China:Trendy companies in China are expanding into the west with spillover implications for consumers in Jamaica.From bicycles to drones to smartphones to mobile air conditioning units, the growth of these brands represents the movement of...
Published:Thursday | October 26, 2017 | 12:00 AMSteven Jackson
Canopy Growth Corporation, which trades on the Toronto Stock Exchange as WEED, announced this week that it has formed a partnership with Jamaican investors.The...
Published:Tuesday | October 24, 2017 | 12:00 AMSteven Jackson
Beijing, China:China has called for more investment in new technologies with Latin America and the Caribbean, LAC, while insisting the great firewall of China will not affect trade.Latin America and the Caribbean represents the second-largest region...
Published:Thursday | October 19, 2017 | 12:00 AMSteven Jackson
FosRich Company Limited plans to float shares on the junior arm of the Jamaica Stock Exchange this year.The electrical and lighting company will utilise the services of Stocks...
Published:Friday | October 6, 2017 | 12:00 AMSteven Jackson
Jamaica Stock Exchange (JSE) took the step last week of suspending trading in the Berger Jamaica stock during a period when a mandatory takeover offer was on the table, creating disquiet among some investors.But the JSE says there was nothing...
Published:Monday | October 2, 2017 | 12:00 AMSteven Jackson
Key Insurance Company Limited announced that it restructured its executive management team in a move aimed at creating greater efficiency.Two of the three main shareholders of the company...
Published:Wednesday | October 4, 2017 | 12:00 AMSteven Jackson
Caribbean Cream Limited, which trades as Kremi, is testing a new peanut butter ice cream, one of several new products the company aims to bring to market...
Published:Tuesday | October 3, 2017 | 12:00 AMSteven Jackson
Ripe coffee is dropping off trees in the Jamaica Blue Mountains with only one of 18 processors now purchasing supplies from farmers.And that one buyer, Mavis Bank Coffee Factory, has reduced its purchases to once a week from the usual five days.It...
Published:Tuesday | October 3, 2017 | 12:00 AMSteven Jackson
Zodiac International Investments, a private company based in Trinidad, is increasing its holdings in Supreme Ventures Limited under a US$40-million deal with partner Intralot SA to be finalised by year end.Zodiac is acquiring Intralot SA's 50.05 per...
Published:Thursday | September 28, 2017 | 12:00 AMSteven Jackson
Digicel Group will start offering customers more self-serve features to resolve text queries in the wake of a deal struck with Canadian company Wysdom AI.Customers across the group, which operates in 31 countries, will see more automated responses...
Published:Friday | September 29, 2017 | 12:00 AMSteven Jackson
Lasco Financial Services Limited revealed that the bulk of its eightfold growth in bad debts related to burglary and cyber theft sometime in its most recent financial year ending March.Meantime, the shareholders of Lasco Distributors Limited were...
Published:Wednesday | September 27, 2017 | 12:00 AMSteven Jackson
amaica now ranks as the most competitive island in the Caribbean following its improved ranking in the Global Competitiveness Report 2017-18 released this week....
Published:Wednesday | September 27, 2017 | 12:00 AMSteven Jackson
A new bond issued by NCB Financial Group Limited raised $18.4 billion for the banking group, and was subsequently listed on the Jamaica Stock Exchange, JSE, on...
Published:Thursday | September 28, 2017 | 12:00 AMSteven Jackson
Musson Group said Thursday that its tech park at Half-Way Tree Road in Kingston will cost more than US$30 million to develop and span 236,000 square feet when...