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Atlantic Hardware and Plumbing Co Ltd (Atlantic) has expanded into...
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Manufacturer and distributor Wisynco Group paid $2.45 billion for its 30 per cent stake in Ringtail Holdings, the parent company of spirits distributor Select Brands, its latest financials revealed. The transaction values Ringtail at some $7.5...
Lasco, which manufactures and distributes locally and overseas, has secured $1.7 billion in new loans over 15 months to fund investments, including property acquisition on Red Hills Road. The operations also continue to make gains. “The growth...
The government borrows from the local and international markets to help fund its budget. Individuals and organisations with funds available to lend short term, medium term, and long term are able to earn safe, reliable income. The government is...
Fitch Ratings affirmed Jamaica’s credit rating at BB with a stable outlook, betting the island nation can withstand hurricane damage without derailing its decade-long effort to reduce government debt. “Despite considerable uncertainty regarding...
Christopher Berry, executive chairman of investment bank Mayberry Group, wants the Jamaica Stock Exchange (JSE) to restore public access to detailed shareholder data, arguing that recent restrictions undermine market transparency despite corporate...
Indian pharmaceutical brand Dr Reddy’s Laboratories shipped its first batch of exports from Jamaica to Trinidad...
In every democratic society, at every level of government, almost every dollar spent by the State tells a story. It is a confession. In fact, if you study a country’s procurement records closely enough, you will expose the memoirs of that...
Main Event Entertainment Group has started producing its own events as its traditional promotions business faces pressure. It still earns nearly 90 per cent of its revenue from offering traditional event services to clients. But it recently started...
Minister of Finance and the Public Service Fayval Williams says that people expect a change in taxation arising from Hurricane Melissa. “We have been the government that delivered 10 years of no new taxes. We are going through significant upheavals...
West Indies Petroleum Terminal, Jetcon Corporation, and Atlantic Hardware led January gains, according to the Monthly Statistics from the Jamaica Stock Exchange. Overall, some 18 stocks made gains above 10 per cent, while 14 stocks declined by more...
Jacana, a Jamaican cannabis company, has completed its first regulated export of medical marijuana to the Cayman Islands. It shipped oil-based cannabis products, vape pens, and extracts to the British Overseas Territory on January 7 under permits...
Changes are needed to get more retail investors and small businesses in the capital markets across the anglophone Caribbean, according to Stacy-Ann Tait, a senior executive at NCB Capital Markets. “Businesses across the Caribbean need long-term,...
Your company conducts financial controls and operational procedures, with rigorous precision. But strategic knowledge? Not so much. Executives pour energy into polished slide decks, while completely missing the ‘three story types’ that actually...
Vinci SA won a €144-million (roughly J$27 billion) contract to build a water pipeline system along the north coast of Jamaica, extending the French construction giant’s 25-year presence on the island. Jamaica’s National Water Commission awarded...
Remittance inflows to Jamaica surged 14.2 per cent in November, marking one of the sharpest monthly increases since the COVID 19 pandemic as the island’s diaspora stepped up financial support following Hurricane Melissa. Net remittances reached US$...
