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Robust Pipeline Of Investment Opportunities In Relatively Stable Economies Will Ensure Kingston Properties Continue To Generate Stable, Above Average Yields On Growing Asset Portfolio – Richards

2018, Kingston Properties Limited 10th year of existence, saw the company reporting rental income surpassing the JA$200 million mark for the first time, however despite the record breaking year for rental income, there was a year on year reduction in net profit. Commenting on the results Kevin Richards, Chief Executive Officer, reported that this was […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Jamaican Government To Save JA$2.4 Billion In Office Rental Costs From Development Of Government Circle Project

Prime Minister, Andrew Holness, says the Administration stands to save as much as $2.4 billion in annual office rental costs from development of the proposed Government Circle project in and around National Heroes Park in Kingston. Additionally, he envisages that the project will serve as a catalyst for other developments in the area, which will […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

138 Student Living To Focus On Short Term Accommodation – Lee

John Lee Chairman of 138 Student Living Jamaica has described the company’s 2017 performance as below par. This although profit before taxation increased to JA$20 million up from a loss of JA$24 million for 2016. In his report to shareholders contained in the company’s recently released 2017 annual report, he indicated that the JA$20 million […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

KIW International Will Transition to Investment Company, Taking Advantage of Investment Opportunities Locally and Overseas – Mahfood

John Mahfood, President and CEO of Jamaica Teas Limited has indicated to shareholders that for the rest of the current financial year and into 2018 their focus will be on new products and the construction of an apartment complex in Kingston by end of 2018. Recently acquired KIW International he said, will transition from a […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Sagicor Real Estate X Fund Reporting 30% Lower Consolidated Net Profit Of $785 Million To June 2017

Sagicor Real Estate X Fund Limited is reporting in their just released financial results of the Group for the six months ended 30 June 2017 consolidated net profit attributable to stockholders of $785 million, 30% lower than June 2016’s net profit of $1.124 billion. Among the factors given for the reduction include $565 million in […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Planning Institute Of Jamaica Projecting BPO Sector To Grow By 1.5% In Financial Year 2016/17.

The performance of the Jamaican construction sector is used as a gauge for assessing activities in the real estate sector, this according to Rohan Miller, Chief Executive Officer for Sagicor Real Estate X Fund Limited. Addressing shareholders in the company’s just released financial results for the three months ended 31 March 2017, he indicated that […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Marriott Courtyard Hotel New Kingston Performed Well In 2016, Generates $27M For Panjam

Stephen Facey, Chairman & CEO of The PanJam Group is reporting that the Marriott Courtyard hotel in New Kingston performed well in 2016, its first full year of operations, generating for PanJam $27 million as its share of profit.. Commenting further in the company’s just released 2016 annual report, Mr. Facey indicated that work on […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Panjam Achieved Record Earnings In 2016, With Net Profit After Minority Interests Of $4.1 Billion, Up 27% From $3.2 Billion – Stephen Facey

Stephen Facey, Chairman & CEO of The PanJam Group is reporting that the Marriott Courtyard hotel in New Kingston performed well in 2016, its first full year of operations, generating for PanJam $27 million as its share of profit. Commenting further in the company’s just released 2016 annual report, Mr. Facey indicated that work on […]

Cargo Handlers’ Increased Q2 Revenue Mainly Attributed To Baggage Handling And Provisioning Activities Associated With Home-Porting Cruise Vessels

Cement Supply Issues Have Now Been Addressed – Sophia Pinnock

Caribbean Cement Company Corporate Communication and Public Relations Manager Sophia Pinnock is reporting that the lack of delivery, related to an issue in the plant’s packaging area where some of the equipment is outdated, was in the process of been replaced and that most of the issues they were having have now been addressed. Hardware […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)

Derrick Cotterell Pushes Derrimon Trading Deeper Into Retail

Derrick Cotterell’s Derrimon Trading Company Limited (DTL) has signed an agreement with Jamaica Property Company Limited to refurbish and operate Shop #15 at Upper Manor Park, formally known as Carihome Supermarket under the Select Grocers brand. It comes as the company sets into motion its Five Years Strategic Plan to establish a Joint Venture Company […]

JMMB Group Limited Announces US$200 Million Investment in Alignvest Acquisition II Corporation (New Sagicor)