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JMMB Group Launches JMMB Express Finance (T&T) Limited.

CEO of JMMB Express Finance, Elson James (centre) is assisted by JMMB Group Chairman, Archibald Campbell (left) and JMMB human resource consultant, Diana Burgess to cut the ribbon, during the launch of JMMB Express Finance. The event took place recently (September 12) at the new facility housing JMMB Express Finance at 86 Ramsaran Street, Chaguanas […]

Jamaica Capitalizing On Its Potential and Benefits from Gastronomy Tourism

Minister of Tourism, Edmund Bartlett, says that the Ministry is taking strategic steps to ensure that Jamaica capitalises on its potential and benefits in a more significant way from gastronomy tourism. He noted that with a mouth-watering cuisine that is second to none, Jamaica stands to benefit significantly from an industry that the World Food […]

Coca-Cola The Next Industry Giant To Jump Into The Cannabis Drinks Business.

The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business. Coca-Cola Co. says it’s monitoring the nascent industry and is interested in drinks infused with CBD — the non-psychoactive ingredient in marijuana that treats pain but doesn’t get you high. The Atlanta-based soft drinks maker is in […]

Corporate Movements

Mayberry Investments Limited (MIL) has advised of the following management changes: Mrs. Marcia Messado – Appointed as the Manager of Financial Planning & Analysis on July 2, 2018 Ms. Aneka Lee – Promoted to Chief Accountant on August 1, 2018 Mr. McKoy Jackson – Promoted to Senior Manager, Investment Banking on August 1, 2018 Supreme […]

Supreme Ventures Group Reporting Record 2017 Revenues Of JA$56B, A 25% Increase Over 2016.

President & CEO of the Supreme Ventures Group, Ann-Dawn Young Sang, in her report contained in the company’s just released 2017 Annual Report, is reporting that the Group achieved record revenues of approximately JA$56 billion, representing a 25% increase over 2016. This, combined with an effective cost management programme, resulted in a 44% increase in […]

Main Event Entertainment Group Reporting Active And Positive 9 Months With Revenues Up 13% to JA$1B

The Directors of Main Event Entertainment Group are reporting an active and positive nine months ending July 31st 2018, recording revenues of JA$1 Billion, an increase of 13 percent or JA$124 Million, when compared to the JA$942 Million for 2017. Gross Profits increased by 14 percent or JA$64 Million year over year, and despite a […]

Pleased With Solid Performance, Loan Growth Of 8%, Total Revenues Increasing 7%, And Expenses Remaining Flat -Noel

Scotia Group Jamaica is reporting net income of JA$11.2 billion for the nine months ended July 31, 2018, which represents an increase of JA$2.2 billion or 24% over the corresponding period last year. Included in the results are gains on the sale of subsidiary, Scotia Jamaica Micro Finance Company Limited (Credi-Scotia), which was sold in […]

SSL Venture Capital Jamaica Takes Equity Positions In 3 Companies

The Mark Croskery founded SSL Venture Capital Jamaica Limited (SSLVC) has executed equity agreements with three (3) companies as part of what the company had indicated was it’s growth and development strategy. On July 2, 2018 SSLVC executed an equity agreement with Bar Central Limited (“BCL”). BCL is a Distribution and Branding company that currently has […]

NCB Customers to get RSA Secure by September 30

According to Forbes Magazine, the global cost of cybercrime had risen from $445 billion USD in 2014 to $600 Billion USD in 2017, and is expected to reach $2 Trillion USD by 2019.  Digital fraud levels are at an all-time high globally and Jamaica is no exception. The money lost through fraud and scamming can […]

CAC 2000 Limited Reporting Revenues of JA$909M A 14% Improvement over 2017

CAC 2000 Limited has released their interim financial report for the nine months ending July 2018, reporting revenues of $909 Million, reflecting a 14 percent increase over the $799Million for 2017. Gross Profits for the period was up 28 percent to $353 Million from $276Million in 2017. Commenting on the performance Chairman and CEO Steven […]