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SVREL looks to North America

Supreme Ventures Racing and Entertainment Limited (SVREL) continues to execute against its strategic plan to bring value and structured improvements to Jamaica’s racing industry. In its latest move, the company has penned a historic agreement with the North American based Monarch Group receiving and marketing content from Caymanas Park’s race days. The Monarch Group acts […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Mayberry Investments Invites Other Brokers In Jamaica To Participate In The Wigton Windfarm Limited’s Initial Public Offering

(L-R) Adrian Thompson, Chief Executive Officer, Credit Union Fund Management Company Limited, Mckoy Jackson, Senior Manager of Investment Banking and Tania Waldron-Gooden, Director of Investment Banking, Mayberry Investments Limited. Brokerage firm Mayberry Investments Limited has invited all brokers in Jamaica to participate in the Wigton Windfarm Limited’s (Wigton) initial public offering (IPO) by becoming selling […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Jamaica’s Economic Growth Projected in the Range of 1.5 To 2.9 % Over the Next Four Fiscal Years.

Economic growth is projected in the range of 1.5 to 2.9 per cent over the next four fiscal years. This is according to the Government’s 2019/20 Fiscal Policy Paper, which was tabled in the House of Representatives on February 14, by Finance and Public Service Minister, Dr. the Hon. Nigel Clarke. The document indicates that […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

JMMB Group & Branson Centre Join Forces to Provide Training for SMEs

Shani Duncan-Falconer, JMMB’s senior corporate manager, SME resource centre signs an agreement with the Branson Centre of Entrepreneurship Caribbean, which will facilitate the training of select JMMB Group small and medium-sized enterprise clients, under the keen eye of Branson’s CEO, Lisandra Rickards (right) and JMMB Bank CEO, Jerome Smalling. The occasion was a brief signing […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Jamaican Beverage Industry Applying Self-Imposed Cess On Plastic Bottles To Be Paid To Recycle Partners Of Jamaica

The Jamaican Beverage industry, as of February 1 2019, has been applying a self-imposed cess of JA$1.00 per PET or plastic bottle to be paid to Recycle Partners of Jamaica (RPJL). Selling prices have been adjusted to offset this self-imposed cess. This according to a report contained in The Wisynco Group Limited unaudited financial results […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Jamaican Government Looking To Expand Agro-Processing For Local Consumption And Export, AMC Complex On Spanish Town Road Targeted To Become Modern Facility For Processing Fresh Fruits And Vegetables.

Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says the Government is looking to expand agro-processing for local consumption and export. He noted that four distinct markets are being targeted – CARICOM, the Jamaican Diaspora, hotels, and the school feeding programme. He said that the AMC complex on Spanish Town Road is being targeted […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Lissant Mitchell Also Leaving Scotia Investments Jamaica

Scotia Group Jamaica Limited has advised of the resignation of Mr. Lissant Mitchell, CEO, Scotia Investments Jamaica Limited and Director of the Board. Mr. Mitchell who has over 20 years’ experience in the local financial industry, joined Scotia Investments in October 2007 as SVP Treasury & Capital Markets. He was later promoted to Chief Operating […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Sagicor Group Jamaica Enters Micro-Finance Business

Sagicor Group Jamaica Limited (SJ) has advised that SJ has embarked on a new strategic alliance with Guardsman Group Limited, which will leverage Guardsman Group’s existing micro finance business, Travel Cash Jamaica Limited. “This alliance was achieved through the incorporation of a new company in which Sagicor Group Jamaica Limited acquired 51% shareholding and the […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

High Demand for Jamaican Black Castor Oil in United States

A new study on the local castor oil industry is showing significant potential for Jamaican Black Castor Oil in the United States (US). The Complete Caribbean study indicates that the US market for the product stands at about US$28 ¬million. “The potential sales are much higher than I thought they would ever be,” said Private […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Small and Medium Tourism Enterprise (SMTE) Operators to Access JA$200M Loan Funding In 2019/2020

The Jamaican Government is to increase access to loan funding for Small and Medium Tourism Enterprise (SMTE) operators, to expand and improve their businesses. Making the disclosure, Tourism Minister, Hon. Edmund Bartlett, said SMTEs are to benefit from additional funds through the Jamaica National Small Business Loan Limited, as the Government will be providing $200 […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.