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Barita Investments Limited Reporting Net Profits Of JA$912M, A Third Consecutive Quarter Of Record Profits

Barita Investments Limited is reporting for the quarter ending June 30th 2019 net profits of JA$912 Million, which the company says represents a third consecutive quarter of record profits. Commenting on the Groups unaudited results, Chairman Mark Myers, reported that for the nine months their focus on revenue growth and diversification has continued to bear […]

Mayberry Jamaican Equities’ Reporting 60% Increase In The Company’s Asset Base

Mayberry Jamaican Equities’ (MJE) is reporting Total Assets growing to J$19.9B for the 2nd quarter of 2019 compared to J$12.4B for the comparative quarter in 2018. This the Directors say represents a J$7.5B or 60.2% increase in the company’s asset base, due mainly to higher market values of quoted equities, particularly, Caribbean Cement Company, Lasco […]

AMG Packaging And Paper Company Reporting 216% Jump In Profit After Tax For 3rd Quarter Ending May 2019

AMG Packaging and Paper Company is reporting a significant 216 percent jump in profit after tax for their 3rd quarter ending May 2019, as the company moved from a loss of JA$31M in 2018 to a profit of JA$36M in 2019 This on the back of revenues of JA$588M, a 9 percent on the JA$539M […]

If We Are To Have Real Growth And Development Nationally …. We Must Grow Our SME Sector.

ladies and gentlemen, I have noted that the title of opening plenary is: Entrepreneurship, Innovation And Growth: Unlocking The Potential In The Jamaican Economy. Implicit in this I suppose is the message that entrepreneurship and innovation have something to do with growth? Is that an assumption that one could fairly draw? Well I suppose that […]

Local Entrepreneurs Share Lessons In Growing And Strengthening Youth Entrepreneurship At MSBM’s Conference July 10-12, 2019

Kingston, Jamaica -July 6, 2019: Young entrepreneurs will get the opportunity to garner further knowledge on how to grow and strengthen their business during the Mona School of Business International Business & Management Conference scheduled for July 10-12, 2019 under the theme, Delivering on the Promise of Entrepreneurship: Critical Perspectives on Research, Practice, and Thinking […]

Fake News…..No Tax on Airbnb Operators – Minister Bartlett

Minister of Tourism, Hon. Edmund Bartlett, says that the Government has no intention of imposing a tax on persons who are renting out their homes or providing space for travellers who have booked through Airbnb. “I have heard the false reports, especially on social media… [but] nothing could be further from the truth, as we […]

Prestige Holdings Limited Reporting Profit After Tax Increasing By 20% To TT$16M For The First Half Of 2019

Trinidad and Tobago based Prestige Holdings Limited, is reporting for the first half of 2019 Group revenues increasing by 3% to TT$538 million and profit after tax increasing by 20% to TT$16million, from $13.4 million in the previous year. Chairman Christian Mouttet commenting on the Consolidated Unaudited Financial Performance reported that these results were generated […]

When You Go Around Jamaica There Is Evidence Of Things Taking Place…Everywhere You Go Something New Is Happening.

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the country is experiencing an unprecedented level of economic activity, with 17 consecutive quarters of growth, and unemployment now at the lowest rate in the nation’s history. The Minister pointed out that we have never had unemployment this low where more people […]

Businessuite Woman Kerese Patterson Says “Just Do It… If You Wait On The Perfect Time, It May Never Come.”

Kerese Bruce-Patterson’s entrepreneurial journey started like most who took a similar risk into the field. Years after working full time in a job which required little to none of her educational background and fresh out of law school she was unsuccessful in landing a job where she could practice her area of study. She knew […]

Corporate Movements – July 2019

Gwest Corporation Limited (GWEST) has advised that Ms. Marce HayLes resigned from her position of GWEST’s Chief Executive Officer, effective July 5, 2019. GWEST further advised that Ms. HayLes resignation is in keeping with staff rationalization strategy being undertaken by the Company. Lasco Financial Services Limited (LASF) has advised that Mr. Kenneth Sylvester was appointed […]