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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 […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

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 […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

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, […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Main Event Entertainment Reporting A 69% Jump In Net Profit For The Nine Months Ending July 31.

Main Event Entertainment Limited is reporting a 69% or JA$41.4 jump in net profit for the nine months ending July 31. This as the company made net profits of $101.1 million generating earnings per share of 36 cents for the period. Chief Executive Officer of Main Event, Solomon Sharpe, commenting on the performance of the […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Raymond Walker Signs With Mayberry For Caribbean Assurance Brokers IPO Prospects

Photo Caption: Raymond Walker Chairman & CEO Caribbean Assurance Brokers signs mandate with Tania Waldron Gooden, Senior VP of Investment Banking Mayberry Investments. KINGSTON, Jamaica – Caribbean Assurance Brokers Limited (CAB) has retained the services of investment bank, Mayberry Investments Limited (Mayberry). In a deal signed earlier this week, Mayberry will now act as the […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Women Head 57 Per Cent Of Households In Barbados – IDB Study

Inter-American Development Bank (IDB) Project Leader Diether Beuermann Mendoza is reporting that a recent study has revealed that women head 57 per cent of households in Barbados, and account for a significant percentage of the island’s poor when compared to men, revealing a significant gender gap.The study also revealed that the rich households have smaller […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

160 Greenhouses Established On Mined-Out Bauxite Lands Costing Approximately JA$240 Million -Lyew-Ayee

Some 160 greenhouses have been established on mined-out bauxite lands in St. Ann, Manchester, Clarendon, and St. Elizabeth at a cost of approximately $240 million. Executive Director of the Jamaica Bauxite Institute (JBI), Parris Lyew-Ayee, said the greenhouses, which are under vegetable cultivation, are providing earnings of up to $3 million annually for the farmers. […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Mark Myers Led Cornerstone United Holdings Makes Offer For Majority Stake In Barita Investments Limited

Barita Investments Limited has now disclosed that it has received an offer from the Mark Myers led Cornerstone United Holdings Jamaica Limited to purchase the majority share holdings of the Company. The terms and conditions of this acquisition are dependent on the outcome of negotiations which are yet to be finalized. Cornerstone United Holdings Jamaica […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Trinidad And Tobago Needs To Learn From The Jamaican Experience And Make The Hard Decisions Needed For Economic Transformation – Duncan

Wednesday, September 13th, 2017, Port of Spain, Trinidad… JMMB Group CEO and Co Chairman of Jamaica’s Economic Program Oversight Committee (EPOC), Mr Keith P. Duncan urged Trinidad and Tobago to learn from the Jamaican experience and make the hard decisions needed for economic transformation. Speaking at an arm chair discussion hosted by JMMB Group, in […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Consolidated Bakeries Focus On Healthier Ingredients To Grow The Business

Managing Director at Consolidated Bakeries Limited Anthony Chang is crediting the 14.7% growth in revenue for the 2016 financial year to their pursuit of strategies with a decided focus on healthier ingredients to grow the business. Reporting revenues growing to JA$880.3 million or 14.7 per cent higher, year on year reflecting double-digit growth in sales […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months