Category: Business

Caribbean Cream’s 2018 Revenues Jump To $1.5 Billion

Caribbean Cream is reporting a 13% increase in revenues for their last financial year. The company says revenues are up $180 million, to $1.5 billion. In her report to...

Key Insurance Suffers Over $167 Million Net Loss In 2018

Key Insurance Company is reporting for the financial year ending December 2018 a net loss of over $167 million. This compared to a profit of nearly $43 million for ...

MSMEs To Get Easier Access To Credit

The Private Sector Organisation of Jamaica, PSOJ, is launching a special initiative to help Micro, Small and Medium Enterprises, MSMEs, get easier access to credit. The...

Scotia Group’s Focus On Core Business Lines Brings In $307 Billion In Deposits For First 6 Months of 2019

Scotia Group Jamaica says Jamaicans are saving more with the company. The group is reporting an 8% increase in deposits this year, compared to the similar period last...

Sagicor Select Fund To Open $4B IPO In July

Sagicor Investments is launching a new Initial Public Offering – Sagicor Select Funds. In a statement last evening, Sagicor says Jamaicans will be able to invest...

NCB Sells Advantage General Insurance For Over $US50M, Sagicor Acquires Majority Ownership

The country’s most profitable insurance company, Advantage General Insurance, has been sold for more than $US50-million NCB Capital Markets has sold its 100% stake...

Pandohie Is Elected Head Of JMEA, Laments Neglect of Local Manufacturing Industry

New Head of the Jamaica Manufacturers and Exporters Association, JMEA, Richard Pandohie, is lamenting the decline of the sector over the years. Mr. Pandhohie was elected...

Big Decreases in Prices at the Pumps

Petrojam has announced sizeable decreases in gas prices, effective this morning. 87 and 90 gasoline are going down by almost $3. But, it’s not all good news at the...

Foreign Minister Urges Diaspora to Support Social Stock Exchange

Members and organisations in the diaspora are being encouraged to support the newly established Jamaica Social Stock Exchange, JSSE. An initiative of the Exchange, the...

Companies Office to Expand Electronic Business Registration

The Companies Office of Jamaica, COJ’s, online platform, Electronic Business Registration Form, eBRF, will be expanding its services to offer persons the...