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Black Panther Cumulative Sales In North America Climbs To US$605 Million

Black Panther, Walt Disney Co.’s new superhero hit, stole the show for a fifth-straight weekend, beating a lackluster Tomb Raider reboot by Time Warner Inc.’s Warner Bros. The African superhero movie collected US$26.7 million last weekend in North American theaters, researcher ComScore Inc. said Monday. That makes the picture the first to lead the domestic […]

Tourism Sector Earned US$3B, And Placed US$1B In The Pockets Of Jamaicans

Minister of Tourism, Edmund Bartlett, says tourism has been the catalyst for the growth of the Jamaican economy, as it has enabled the value-added which lifted the gross domestic product and indeed the growth rate on an annual basis. Speaking at a Jamaica Centre of Tourism Innovation pilot review luncheon at the Montego Bay Convention […]

Agro-Parks Designed To Facilitate Investments By Wide Cross-Section Of Stakeholders – Food Industry Interests And Suppliers Targeted

Chief Executive Officer of the Agro-Investment Corporation, Sylburn Thomas, is urging Jamaicans to exploit the investment opportunities now available at the Government’s agro-parks islandwide. He was of the view that Jamaican’s should invest in the agro-parks, as he believed that if they can consolidate the entire value chain in a physical location, risks can be […]

Mayberry Investments Closes 2017 With Stockholders’ Equity Increasing By JA$2.1B Or 29% To Close The Year At JA$9.4B Or JA$7.79 Per Share.

Gary Peart, Chief Executive Officer for Mayberry Investments Ltd is reporting in the company’s just released 2017 annual report, revenues of JA$2.2 billion, a year-over-year increase of JA$993 million or an increase of 82% when compared to 2016. This is the third consecutive year the company has recorded in excess of a billion dollars of […]

Hoteliers And Tourism Interests, Invest In Agriculture Sector, It’s A Sure-Fire Way Of Enhancing The Country’s Economic Development.

Chairman of the Tourism Linkages Council, Adam Stewart, is calling on hoteliers and other tourism interests, to invest in the local agriculture sector, noting that this is a sure-fire way of enhancing the country’s economic development. He notes that for too long, we have been ignoring the obvious linkage between two of Jamaica’s most important […]

Spotify Warns That It May Never Be Able To Generate Sufficient Revenue To Be Profitable.

Spotify Ltd. will begin trading on the New York Stock Exchange on April 3, just a week after the company plans to provide its most recent annual financial guidance. The music-streaming subscription service announced the timing at an investor day Thursday, in a live-streamed hours-long event designed to introduce the company to public market investors. […]

Government Has Created An Environment Where Entrepreneurs Can Take Calculated Risks On Investments

Prime Minister Andrew Holness, has welcomed the launch of the Seprod Group’s new $3-billion state-of-the-art grains mill, Jamaica Grain and Cereals Limited, which has created employment for 300 more Jamaicans. Mr. Holness speaking at the ceremony to officially open the facility at Seprod, said it was an important signal when one of the largest food […]

General Motors Wants You To “Airbnb” Your Vehicle When You’re Not Using It.

General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren’t using them, according to people familiar with the matter. The tests will begin in early summer through GM’s Maven car-sharing unit, said the people, who asked not to be identified because […]

JMMB Group Preference Share Offer Raises Over J$9B Tripling Initial Target Of J$3B.

The week-long JMMB Group Limited (JMMBGL) Preference Share Offer, which closed on Wednesday, March 7, 2018 raised J$9.28 B in total; almost tripling, the company’s initial target of approximately J$3.2 B. JMMBGL offered four (4) simultaneous tranches of cumulative redeemable preference shares, with a US$ and J$ option, which matures in 2025 – although the […]

Amazon.Com. Planning To Offer Credit Card To U.S. Small-Business Customers

Amazon.com. is planning to offer a credit card to U.S. small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter. The e-commerce giant has been in talks with banks including JPMorgan Chase & Co. on a co-branded credit card for […]