Category: Business

Tourism Earnings Up 8% in 2017

Tourism revenue earnings have increased by over eight percent for the first half of this year compared to last year. That’s according to Tourism Minister, Edmund...

Economy Records 0.1% Real GDP Growth in Q1

The Statistical Institute of Jamaica, STATIN is reporting that the Jamaican economy grew by 0.1-percent in real terms for the first quarter of 2017 when compared to the...

Azul Sensatori Expanding Room Capacity in Jamaica

Azul Sensatori Jamaica, owned and operated by Karisma Hotels is expanding its room capacity in Jamaica. It has completed the structuring of a USD$27-million loan with...

Angels4U Homecare & Choice Business Solutions Form Strategic Partnership

Two Jamaican women entrepreneurs are partnering to provide better care to Jamaicans. Angels4U Homecare and Choice Business Solutions have formalized their partnership....

Caribbean Cream Registers Marginal Bump in Revenues

The board of directors of Caribbean Cream Limited has released their unaudited financial results for the first quarter ending May 31, reporting a marginal 1-percent...

Behind Massive International Data Roaming Charges

Finance Minister Audley Shaw’s massive $8-million cell phone bill has raised questions about how an individual can rack up such a large bill in such a short time....

Shaw Urges Banks to Cut Rates

Finance Minister Audley Shaw is calling on banks and other lending institutions to reduce their interest rates. Interest rates at some lending institutions are more than...

BCIC Opens Barbados Office

British Caribbean Insurance Company, BCIC, opened its first branch in Barbados this week. BCIC is owned jointly by the ICD Group and Victoria Mutual Building Society....

Business & Consumer Confidence Rebounding

Market Research Services Limited says its latest survey shows that business and consumer confidence are on the rebound. The news follows a decline in the first quarter...

Analyst Gives Stationery and Office Supplies IPO Thumbs Up

Noted financial commentator and avid stock market investor John Jackson has given Stationery and Office Supplies Initial Public Offering (IPO) the thumbs up. The IPO...