Category: Business

Jamaica Imported $US2 Billion Worth Of Goods Between January & April

Jamaica imported over $2 billion dollars worth of goods between January and April this year. That’s a nearly 9% increase when compared to the similar period last...

More Real Estate Investors Implement No-Air BnB Policies on Local Properties

More and more real estate investors are now insisting on a no- AirBnB policy. That’s according to two industry players, who were speaking at a Sygnus Business...

Caribbean Cream Registers 1% Bump in Revenues

Caribbean Cream is reporting for the three months ended May 31, 2019 revenues of $418-million. This represents an increase of 1-percent or $6-million over the same...

Sagicor Select Fund IPO Oversubscribed; Closes Early

The Initial Public Offer, IPO, for Sagicor Select Fund closed last evening, one day early. Nationwide News understands the offer was oversubscribed, with more than...

GWest Corporation Registers Significant Losses

GWest Corporation says the financial year ending March 2019 saw the company suffering an increase in losses. Losses increased from $78-million dollars to $151-million....

Blue Power to Make Lumber Division a Separate Company

The Directors of the Blue Power Group have reached a conclusion, that having the Lumber Depot Division operate as a separate company will enhance its prospects for...

Inflation Dipped To -0.1% In June

Inflation dipped to a negative 0.1% percent last month.  That’s according to the Consumer Price Index CPI for June, released yesterday by the Statistical...

Finance Minister Urges Universities To Commercialize Research

Finance and Public Service Minister, Dr Nigel Clarke, is charging research institutions in Jamaica to actively pursue ways of commercializing their work. The Finance...

State of Public Emergency Across Western Jamaica Could Be Affecting Business Confidence – JCB Chairman

Chairman of the Jamaica Conference Board, Andre Gooden, says the State of Public Emergency in western Jamaica may have influenced the results of the latest consumer and...

Massy Gas Signals Interest In Operating Petrojam’s LPG Terminal

Local retailer Massy Gas Products has disclosed that it has an interest in the divestment of the State-owned oil refinery, Petrojam. A recent report from the Christopher...