Category: Business

Supreme Ventures Names Two New Board Members

Supreme Ventures Limited, SVL has announced the addition of two new members to its board. They’re Peter McConnell and David McConnell. And, another independent,...

Sagicor Boss About Performance of Jamaican Economy

President & CEO of Sagicor Group, Christopher Zacca says he remains optimistic and pleased that the Jamaican economy is trending in the right direction though with...

Banks Now Lending for Productive Enterprise

Prime Minister Andrew Holness, says Jamaica’s economic climate is so positive that banks are once again lending money for productive enterprises. Mr. Holness says...

Jobs Numbers Prove Private Sector can Absorb Public Sector Job Cuts – IMF

IMF Mission Chief to Jamaica, Dr. Uma Ramakrishnan, says the latest unemployment numbers show jobs are available in the private sector to absorb those who may be...

Medicanja to Enlist on JSE in 2018

Medicanja, a Jamaican company which produces pharmaceuticals from cannabis, is to list on the Jamaica Stock Exchange next year. Its founder, research scientist Dr. Henry...

Wisynco Targeting $1-bn IPO

After more than 50 years of operation, the Wisynco Group has announced its intention to offer Jamaicans an opportunity to participate in the future growth of the company...

PSOJ wants ‘Phased Approach’ to Punishing Tax Delinquent Businesses

CEO of the Private Sector Organization of Jamaica, PSOJ, Dennis Chung, says harsh penalties for delinquent taxpayers only kill the business sector. He’s suggesting...

Unemployment Falls Marginally

There’s been another dip in the country’s unemployment rate. Figures from the Statistical Institute of Jamaica, STATIN released on Tuesday, show that for...

Benefits of Reducing the FX Surrender Requirement

Banker, Peter Higgins, says he expects up to USD$50-million more will be available for sale on the local market, as result of yesterday’s move by the Bank of...

Mixed Reactions to BOJ’s ForEx Interventions

President of the Private Sector Organization of Jamaica (PSOJ) Dennis Chung, is criticizing the Bank of Jamaica’s recent interventions in the foreign exchange...