Category: Business

‘New FX Trading Tool Working Well’ – BOJ Governor

Bank of Jamaica Governor, Brain Wynter, says the new trading tool being used to sell foreign exchange to the market has been working well. It’s called the BOJ...

‘Lending Rates are Too High!’ – BOJ Governor

Bank of Jamaica Governor, Brian Wynter, says interest rates at lending institutions are still too high. This, despite the fact that interest rates on bank loans have...

JMMB Secures Commercial Banking License

The JMMB Group’s entry into the commercial banking sector became official yesterday with the formal transition to JMMB Bank. A statement from the Bank yesterday...

FLOW to Pump $83m to Improve Services

Managing Director at FLOW, Stephen Price, says FLOW is to spend close to $83-million this year to improve its services. FLOW, which offers cable, Internet and phone...

Honey Bun Pre-Tax Profits Fall 43%

Honey Bun’s profit before tax has fallen 43-percent or $97-million. This was revealed in the company’s just released unaudited financial statements for the nine...

JetCon’s Q3 Orders Up 82%

President and CEO of Jetcon Corporation, Andrew Jackson, says orders for the June quarter are ahead of 2016 by 82 percent. He says this points to a positive outcome for...

Medical Disposables & Supplies Registers 13% Profit

General Manager of Medical Disposables and Supplies, Kurt Boothe, is crediting his company’s improved financial performance to their strategic plan to increase market...

Ann-Dawn Young Sang is New Supreme Ventures President & CEO

After almost a year of searching, Supreme Ventures Group has announced that it’s found a new President and Chief Executive Officer. And it’s a woman. Her...

David Butler Resigns as Digicel CEO

Chief Executive Officer of Digicel Jamaica, David Butler, has resigned. Head of Communications for Digicel, Elon Parkinson, confirmed the resignation with our news...

Bartlett Urges Local Investment in European Plan for Mobay Hip Strip

Tourism Minister, Edmund Bartlett, is calling for more local investment in European Plan (EP) hotels along Gloucester Avenue in Montego Bay, St. James, popularly known...