Home Tag "Business Process Outsourcing"

Stanley Motta Reporting 273% Increase In Revenue For The Year Ended December 31, 2018

Melanie Subratie Chairman of Stanley Motta Limited is reporting revenue for the year ended December 31, 2018 of J$269m compared to J$72m for 2017, an increase of 273%. Revenue for Q4 was approx. J$97m compared to J$76.8m for Q3 2018, a 26% increase over the previous quarter. It also represents an increase of 126% over […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

Stanley Motta Reporting 300% Increase In Revenues For 9 Months Ended September 2018

Stanley Motta Ltd is reporting for the nine (9) months ended 30 September 2018, revenues of J$172 million, an increase of J$129million or 300% over the corresponding period in 2017. Chairwoman Melanie Subratie in her interim report to Stockholders said this increase represents the new rental income from Unit 4 which was handed over to […]

Wisynco Group Reporting 16% Increase Q2 Revenues and 18% In Gross Profits, As It Takes A Loss Of JA$128 Million Due To Revaluation Of USD Deposits

Jamaica’s Business Process Outsourcing Pumping US$323 Million Into Local Economy Annually

Pumping more than US$323 million into the local economy annually, business process outsourcing (BPO) has been booming in Jamaica for more than 10 years. Being one of Jamaica’s largest burgeoning industries, with an excess of 50 companies, employing more than 25,000 people islandwide, the BPO sector continues to improve its profit share. Just recently, Jamaica […]

Corporate Movements February 2019

Jamaica’s ICT Knowledge Services Sector Accounted For 58% Of Jobs Created During Last Financial Year – Vaz

Jamaica’s Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz is reporting that the Information Communication Technology (ICT)/Knowledge Services sector accounted for approximately 58 per cent of jobs created during the last financial year. He noted that over 60 companies currently offer call centre and Business Process Outsourcing (BPO) services, […]

Corporate Movements February 2019

Jamaican Government Programmes US$950M CapEx For BPO And Tourism Projects Through JAMPRO

The Jamaican Government has programmed capital expenditure of approximately US$950 million on business process outsourcing (BPO) and tourism projects, through Jamaica Promotions Corporation (JAMPRO), for the 2018/19 fiscal year. This was disclosed by Industry, Commerce, Agriculture and Fisheries Minister Audley Shaw, while delivering the opening 2018/19 Sectoral Debate presentation in the House of Representatives on […]

Corporate Movements February 2019

BPO Sector Gets $4 Million Dollar Investment; Set To Create 4500 Jobs

Prime Minister Andrew Holness (centre) breaks ground for the development of BPO space at the Portmore Informatics Park in St Catherine. He is joined by (from left): President and CEO of the Port Authority of Jamaica (PAJ), Professor Gordon Shirley; Minister with Responsibility for Water, Works and Housing, Dr Horace Chang; PAJ Chairman, Ambassador Nigel […]

Corporate Movements February 2019