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Kingston Properties Seeking To Raise J$2B By Way Of A Renounceable Rights Issue Of Ordinary Shares.

Kingston Properties Limited is now seeking to raise approximately J$2 billion by way of a renounceable rights issue of ordinary shares. This is further to a notice published on August 5, 2019, where Kingston Properties advised the public that the Record Date for its intended renounceable rights issue will be November 8, 2019. Kingston Properties […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

MPC Caribbean Clean Energy Fund Makes First Dividend Payment To Shareholders

Deputy Chairman of the Board of Directors of MPC Caribbean Clean Energy Limited (The Company), Jose Fernando Zuniga Galindo, is reporting for their just concluded quarter, that their investment in the MPC Caribbean Clean Energy Fund LLC (CCEF) has again showed positive results. Based on the first payment coming back from the investment in the […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Gordon Tewani To Construct JA$3.5B GTECH Park, Business Process Outsourcing Complex In Jamaica

Up to 4,500 additional jobs will be created for Jamaicans through construction of GTECH Park, a new business process outsourcing (BPO) complex in Portmore, St. Catherine. The complex will comprise three multilevel buildings, which can accommodate a total of 240,000 square feet of BPO operations, employing 1,500 persons per building and up to 4,500 in […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Government Of Jamaica Provides More Incentives For Local Suppliers

The micro, small and medium-sized enterprise (MSME) sector has received a boost with the passage of two Resolutions in the House of Representatives that seek to provide an opportunity for local suppliers to bid on government contracts, based on the percentage of local raw material being used. The resolutions are the Public Procurement (Domestic Margin […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Jamaica Economic Review 2018-2019

Photo Caption: Visual Representation Of The Planned Redevelopment Of Downtown Kingston By The Urban Development Corporation Overview Jamaica’s economy grew by 2.4% in 2018. This was led by increased tourism and construction activity. Inflation decreased as food prices fell, while unemployment was lower than in the previous year. An accommodative monetary stance contributed to credit […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Trinidad And Tobago Economic Review 2018 -2019

Overview Provisional estimates of economic activity in Trinidad and Tobago (T&T) point to a turnaround, with growth estimated at 1.9% in 2018. The reinvigoration was largely underpinned by recovery in the manufacturing sector (mainly energy and energy-related). Headline inflation slowed. Sustained fiscal consolidation efforts resulted in a smaller fiscal deficit. Net public debt contracted as […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

itelbpo Harnesses Gamification and Artificial Intelligence Technologies to Transform its Training and Development Across the Organization

Photo Caption: Partnering for the Future: itelbpo Head of Training and Development, Shurland Buchanan (left) hosts Co-Founder and CRO at Observe AI, Sharath Keshava Narayana, back in September during a visit at itelbpo’s headquarters in Freeport, Montego Bay. “Creating Super Agents with Career Longevity” (Montego Bay, Jamaica; October 16, 2019) Jamaican homegrown BPO, itelbpo, nears […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Expected Rise In Levels Of Growth, A Key Objective Of The Reform Programme, Still Below Target, Even Though Jamaica Has Hit The Macroeconomic Targets

Chairman of the Economic Programme Oversight Committee, EPOC, Keith Duncan says that the expected rise in the levels of growth, which was a key objective of the reform programme, is still below target, even though Jamaica has hit the macroeconomic targets it set out to achieve. Listing several factors that Jamaica must achieve to sustain […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Barbados 2018-2019 Economic Review

OVERVIEW In 2018 Barbados strengthened its reform impetus to start addressing its precarious balance of payments and fiscal situations. In response to the worsening fiscal and external liquidity position, the Government of Barbados (GOBD) announced in June the Barbados Economic Recovery and Transformation Plan (BERT), which aims to restore macroeconomic stability and place the economy […]

#1 John De Silva Managing Director Unilever Caribbean Limited Businessuite 2019 Top Caribbean CEO

Guyana 2018-2019 Economic Review

Economic growth in Guyana increased to 3.4% in 2018. This was mainly due to increased construction activity. Sugar output fell as restructuring of the industry continued, while there was mixed performance in the extractive industries. Fiscal performance was boosted by a tax amnesty, which increased revenues and helped stabilise the overall deficit. Public debt as […]

#1 John De Silva Managing Director Unilever Caribbean Limited Businessuite 2019 Top Caribbean CEO