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Peter Moses Now Chairman of FGB as Douglas Orane Retires

Kingston, Jamaica September 20, 2017] GraceKennedy Limited has announced the retirement of Mr Douglas Orane from the Board of Directors of its subsidiary First Global Bank Ltd. after serving as its Chairman from April 2001. This became effective on September 19. Mr Orane had indicated to Don Wehby, Group CEO, his intention to step down […]

Mayberry Investments Joins John Jackson, In Calling For A Rejection Of Ansa Coating International’s Offer – Updated

The number of shareholders coming out and publicly rejecting Ansa Coating International Limited’s offer to purchase the ordinary shares in Berger Paints Jamaica Limited, now held by minority shareholders is growing. Mayberry Investments Limited, noted financial analyst John Jackson, Sagicor Investments, a subsidiary of Sagicor Group which controls more than 10 percent of Berger Paints […]

The Logistics Is Here. It’s Not Something That Is Coming. It’s Already Here – Pinnock

Executive Director, Caribbean Maritime Institute (CMI), Dr. Fritz Pinnock, says the Logistics Hub programme will have numerous benefits for Jamaicans, especially in providing jobs for the unemployed and vulnerable youth. The Logistics Hub is a government-backed programme to establish Jamaica as the premier logistics node within the Americas, to capitalise on the trade and business […]

Anya Schnoor Promoted To Executive Vice-President, Retail Payments, Deposits And Unsecured Lending For Canadian Banking

Anya Schnoor currently Managing Director of Scotiabank Trinidad and Tobago Limited, and Senior Vice President and Head of the Caribbean South and East has been promoted to Executive Vice-President, retail payments, deposits and unsecured lending for Canadian banking. Scotiabank announced Schnoor’s promotion on Tuesday with her appointment taking effect after November 1 and once a […]

45% Of The Energy Will Come From Cheaper, Cleaner Liquefied Natural Gas By June 2019 -JPS

The Jamaica Public Service (JPS) says that by June 2019, 45 percent of the energy it supplies to the country will come from cheaper, cleaner liquefied natural gas (LNG). By then, the power company’s Old Harbour and Jamaica Aluminium Company (Jamalco) plants will come on stream to join the Bogue facility in St. James, which […]

Google Jumps Deeper Into Hardware Business With HTC

Google has jumped into the hardware business with a deal with HTC, the Taiwanese smartphone maker. Alphabet’s Google said it would buy part of struggling HTC. for US$1.1bn in cash, as it accelerates its efforts to crack the handset market. Boosting smartphone manufacturing is seen as providing a stronger hedge against Google’s heavy reliance on […]

Compliance And Enforcement Critical To Protecting International Trading Relationships And Securing Ready Markets For Exports – Spence

Chief Technical Director in Jamaica’s Ministry of Industry, Commerce Agriculture and Fisheries, Dermon Spence, has indicated that the expansion of trade is part of Government’s strategic objectives for the sector. The Ministry’s strategic mission involves several activities that are critical to supporting the quality of produce to ensure that we consistently meet the standards that […]

Public-Sector Transformation Now Underway Geared Towards Facilitating Seamless Start-Up And Growth Of MSMSE – Holness

Prime Minister, the Most Hon. Andrew Holness, has indicated that the public-sector transformation now underway will, among other things, be geared towards facilitating seamless start-up and growth of micro, small and medium-sized enterprises (MSMEs), which he emphasized are the bedrock of the economy. This will make it easier for MSMEs to procure licenses and permits, […]

A Conversation with Kristine Thompson on Personal Branding and the Power of Cheese

Success arises when opportunity meets preparation, and for Kristine Thompson, being a good parent and becoming the business owner of the Chuck E Cheese’s franchise in Trinidad, this was an opportunity in her continued path to being a great parent. Her natural business sense and past experience in the corporate industry allowed her to integrate […]

Sweet River Abattoir & Supplies Finally Makes A Profit – Gifford

The 2016-2017 financial year had its challenges and many lessons were learnt, according to Henry Graham Chairman of Sweet River Abattoir & Supplies Company Limited, chief among them was the loyalty of pig farmers, markets and other stakeholders. Describing the year as exceptional when compared to the past two (2) years, Graham reported that the […]