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LASCO Financial Services’ Business Continues To Grow In Spite Of Challenges Within The Markets

Jacinth Hall-Tracey Managing Director for LASCO Financial Services Limited is reporting second quarter revenues of JA$586.6M, $190.6M more revenues than the corresponding period in 2017. This result she said represents a 48% year over year growth, being driven by a general increase in business over the previous year. Profit from Operations, moved from $125.5M in […]

Can New CEO Franklyn Butler II, Turn Around The Loss Making Cable Bahamas Ltd?

Cable Bahamas Ltd. is reporting in its recently released 2018 annual report that they are on track in their plans to grow market share in the Bahamas, this with the full first year of operations of Be Aliv Limited now fully consolidated in their results. Chairman Gary Kain also reported that their Florida business now […]

FosRich Company Reporting 3 and 9 Months Improved Revenue and Profit Results

FosRich Company Limited is report in unaudited results for the nine months ended 30 September 2018 improved income of JA$945.9 million compared to JA$796.2 million for the prior reporting period. An increase of $149.6 million. Gross profit for the year-to-date was JA$410.3 million compared to $360.1 million for the prior reporting period. An increase of […]

Businessuite Women – Manifest the Foreseen in 2019

An invitation to Attend The “Businessuite Women – Manifest the Foreseen in 2019” New Kingston, January 10th and 11th 2019 Report after report laments about the low economic net worth of women of color globally. Regardless of educational attainment, the wage gap still persists and it has become clear that in the absence of strategic […]

Jamaica Stock Exchange To Launch And Pioneer Social Stock Exchange

The Jamaica Stock Exchange (JSE), has announced plans to launch and pioneer The Jamaica Social Stock Exchange (JSSE), not just as a Corporate Social Responsibility (CSR) activity of the JSE, which it is initially, but is actually innovating the Financial Sector to the promotion of the Social Capital Markets. According to a release published on […]

Kingston Properties Adds Caldon Building in New Kingston to Portfolio

Kingston Properties Limited (KPREIT) has announced the acquisition of a four-storey, 32,000 square feet commercial building located at 52-60 Grenada Crescent in New Kingston. The purchase now brings to a total of three properties held in Jamaica by the company. According to a release from the company, the building is fully tenanted with a wide […]

Jamaican Government Clears JA$7B Debt Owed To The Jamaica Public Service Company (JPS) For Streetlights.

Jamaican Government has cleared its debt owed to the Jamaica Public Service Company (JPS) for streetlights. In making the disclosure at a disaster preparedness and mitigation town hall in Douglas Castle near the St. Ann/Clarendon border Thursday (October 25), Minister of Local Government and Community Development, the Hon Desmond Mckenzie, says the street light debt […]

Palace Amusement Company’s 2018 Revenue and Profits Driven By Black Panther Movie

The Palace Amusement Company’s 2018 financial year saw the Group riding the industry wave of comic strip titles, with Black Panther taking the lead and depositing extraordinary results in its wake. Chairman Douglas Graham said moviegoers responded with a level of enthusiasm that broke records around the world and here in Jamaica, that featured sold […]

Wisynco Group Signals Organic Growth Strategy With Existing Brands and Expansion Of Manufacturing And Distribution Channels.

Chairman of The Wisynco Group Limited, William Mahfood, is signaling a growth strategy, which includes the organic growth of existing brands through the expansion of manufacturing and distribution channels. He also has a targeted approach to their export business, which now accounts for 1% of revenue, with a view of increasing this to more than […]

Increased Productivity Important In Staving Off Potential Inflationary Pressures

Minister without Portfolio in the Finance and the Public Service Ministry, Fayval Williams, is emphasising the importance of increased productivity in staving off potential inflationary pressures. She said that low productivity results in cost increases that flow through to product prices and thereby raised inflation. For a country, productivity growth is important because being able […]