Category: Business

Local Tourism Firms Move Embrace Digital Transformation

Tourism Minister Edmund Bartlett has announced a $30-million, digital technology partnership with Google to deploy what he deemed the most powerful and digitally...

Wisynco Group Reports Increase in Profits

The Directors of the Wisynco Group Limited have released their unaudited financial results for the third quarter ended March 31, 2018, reporting revenues of almost...

US Company Moves to Seize PDVSAs Caribbean Facilities

A US company is moving to seize several facilities in the Caribbean belonging to the Venezuelan State-owned oil company, PDVSA. According to Reuters, the company, Conoco...

Carib Cement Signs Operating Lease Termination Agreement with TCL

Caribbean Cement Company Limited, CCCL, has signed an operating lease termination agreement with its holding company, Trinidad Cement Limited, TCL. The companies have...

Start Converting Seven-Digit Phone Numbers Now!

Customers of both major telecommunications companies are being urged to begin converting phone numbers saved in the seven digit format. Regional Communications Manager...

Stationery & Office Supplies Signals Move into Manufacturing

Junior Market listed company, Stationery and Office Supplies Limited, has signalled its intention to enter the manufacturing sector with the recent acquisition of...

Inflation Down as Consumer Price Index Declines Again

The Statistical Institute of Jamaica, STATIN, says the All Jamaica Consumer Price Index declined for the second consecutive month as a negative 0.1-percent inflation...

Berger Paints Reports Close to $2bn in 2017 Revenues

The Director and Acting General Manager for Berger Paints Jamaica Limited, Andy Mahadeo, is reporting in the company’s just-released Annual Report for 2017, revenues...

Paramount Trading Reports Strong Growth in Revenues

Paramount Trading Jamaica unaudited results for the nine months ending February 2018 is reporting strong growth in revenues. Sales for the nine-month period were just...

Involution Remains Committed to Caricel Purchase

Chairman of South African firm, Involution Limited, Gustav Schoeman says the company intends to follow through on its plan to complete the purchase of Jamaican...