Home Tag "business news"

How Nadeen Matthews Is Learning From Disappointment and Why Other Women Can

Nadeen Matthews, Chief Digital and Marketing Officer, NCB Group was the only Caribbean national named among the Young Global Leaders Class of 2017. Nadeen is the youngest female executive at the largest financial services institution and publicly traded corporation in Jamaica – the National Commercial Bank. The company also has business in Trinidad & Tobago, […]

Patricia Hayle Selected as the 2018 ICAJ Distinguished Member Awardee.

FosRich Brings The Total Number Of Companies Listed On The JSE To 68

The listing of FosRich Company Limited brings the total number of companies on the Junior Market of the Jamaica Stock Exchange to 33 as the fourth company added to the market since the start of the year. FosRich Company Limited raised J$200.9 million from its Initial Public Offering (IPO) and will trading under the symbol […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

Salada Foods Engages Younger Demographic With Jamaica Mountain Peak Flovoured Coffees

Salada Foods Jamaica is reporting a 7.62 per cent increase in operating profits for the financial year ending September 2017. Reporting in their just released audited financial report to shareholders Chairman Patrick Williams indicated that group operating profit was $80M, which compares favourable to 2016 results of $74.81M Net profits was however down slightly at […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

IBEX Expands Operations in Jamaica

Ibex, a leading provider of contact center services and other business process outsourcing (BPO) solutions, has opened the expansion of their current facility at Portmore Pines Plaza, Braeton Parkway, Greater Portmore, Saint Catherine, Jamaica. Ibex now has over 2,000 employees at the Portmore expanded center. “This expansion continues to fulfill the promise I made one […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

“Selling Shareholders” to Pocket J$5B of the $6B in Wisynco Group Limited IPO.

The Wisynco Group Limited is looking to raise just over $6 billion Jamaican dollars and has published its prospectus inviting the public to take up to 784.5 million shares at the subscription price of J$7.87 per share. According to information in the prospectus the Directors will be using the net proceeds to among other things, […]

Supreme Ventures Group Reporting Record 2017 Revenues Of JA$56B, A 25% Increase Over 2016.

EXIM Bank Reporting Tourism Enterprises (SMTEs) Loan Scheme A Success

The National Export-Import Bank of Jamaica (EXIM Bank) is reporting that its small and medium-sized tourism enterprises (SMTEs) loan scheme has been a success with strong take-up by players in the sector. The $1-billion facility, launched last September through financing from the Tourism Enhancement Fund (TEF), enables industry stakeholders to access between $5 million and […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

Stop Promoting Modern-Day Plantations Called Exclusive Resorts – Rifai – Updated

Secretary General of the United Nations World Tourism Organization (UNWTO), Dr. Taleb Rifai, says there must be more interconnectedness between visitors and residents of communities, in order to achieve greater community empowerment. He also suggested that there must be a lowering of the walls between the host communities and the visitors, in order to achieve […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

Jamaica Will Continue To Aggressively Pursue A Multi-Destination Marketing Arrangement With Cuba, Mexico And The Dominican Republic

Minister of Tourism, Edmund Bartlett, says Jamaica will continue to aggressively pursue a multi-destination marketing arrangement with Cuba, Mexico and the Dominican Republic, noting that this will inevitably lead to sustainable growth. Mr. Bartlett, who was giving the welcome address at the United Nations World Tourism Organization (UNWTO) Global Conference now on at the Montego […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

Jamaica Co-operative Credit Union League Closes CONEC Mobile Wallet Service

The Jamaica Co-operative Credit Union League (JCCUL) through its investment subsidiary Centralised Strategic Services Limited will be discontinuing its CONEC Mobile Wallet Service effective Thursday November 30th 2017. According to a small space newspaper advertisement published yesterday, existing account holders were directed to utilize the funds in their accounts or cash out at any of […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.

STATIN Reporting Record 1,216,200 Persons Employed As At July 2017

The Statistical Institute of Jamaica (STATIN) is reporting that a record 1,216,200 persons were employed as at July 2017. Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, said the figure, contained in STATIN’s Labour Force Survey, represents an increase of 29,200 persons relative to July 2016, and is the highest ever […]

JMMB Group Launches JMMB Express Finance (T&T) Limited.