Category: Business

Berger Posts 10% Net Profit Increase

Berger Paints Jamaica says net profit has increased by just over 10-percent to almost $24-million. Net profit for the first quarter ended June 30 increased from just...

LASCO Manufacturing Generates 6% Increase in Revenue

The Board of Directors of LASCO Manufacturing Limited generated a revenue of nearly 7-percent, an increase of 6-percent for the year ended March 31. This is $380-million...

GraceKennedy Increases Revenue by 5%

The GraceKennedy Group says its revenue has increased by just over 5-percent or $2.5-billion. The Group’s revenue in its 2017 Second Quarter report is just over...

Lee Chin Urges Jamaicans to Acquire Assets & Create Wealth

Chairman of the Economic Growth Council, Michael Lee Chin, is urging Jamaicans to acquire assets now and seek to create wealth. This, as he’s maintaining that the...

Ansa Coatings Completes 51% Berger Paints Purchase

Ansa Coatings International’s indirect offer to purchase 51-percent of Berger Paints was completed on Monday. Arising from this, Lewis Berger Overseas Holding who...

Digicel Boss Warns of Impact of Online Advertising Model on Traditional Media

Digicel Group Chairman, Denis O’Brien, says politicians should realise democracy would become seriously fragile if traditional media should go out of business....

FHC Registers $36m Net Surplus

First Heritage Co-operative Credit Union (FHC) has, at June 30, registered a group net surplus of just over $36-million and liquidity ratio of 17.28 percent. CEO Roxann...

JMMB Aiming to Grow Business Portfolio

CEO of JMMB Merchant Bank, Jerome Smalling, says he’s looking towards encouraging entrepreneurship and sharpening the bank’s focus on the small and...

C&W Trinidad Sending Workers Home

Cable and Wireless Communications in Trinidad and Tobago is downsizing its operations. The company yesterday offered an undisclosed number of workers voluntary...

PSOJ President Urges Focus on Labour Productivity

President of the Private Sector Organisation of Jamaica, Paul Scott, is calling on Jamaicans to shift their focus to the productivity of the workforce. He’s...