Category: Business

Portland JSX Now on JSE

Portland JSX Limited is now officially listed on the main market of the Jamaica Stock Exchange, JSE. Just last week, the company completed the largest ever initial...

JSE the Best Bet for SMEs to Raise Capital – New Study

A study carried out by the Mona School of Business and Management (MSBM) has found that raising capital on the Jamaica Stock Exchange is a good bet for Small and Medium...

Caribbean Cream Pulls in $163.7m Net Profit

Caribbean Cream Limited, the manufacturers of Kremi Ice Cream has reported a net profit of $163.7-million for the financial year ended February 29, 2016. This was...

Portland JSX IPO Oversubscribed by 24%

The Initial Public Offering, IPO, for Michael Lee Chin’s Portland JSX Limited, which closed on Wednesday, was reportedly oversubscribed by 23.5-percent. The company...

IDB, JSE & MSBM Explore Stock Exchange’s Impact on Growth

The Mona School of Business Management, MSBM, will partner with the Jamaica Stock Exchange (JSE) and the Inter-American Development Bank, IDB, to explore the role of the...

JAMPRO Boss to Lead Caribbean Investment Promotion Agencies

President of JAMPRO Diane Edwards is to head the Caribbean Association of Investment Promotion Agencies CAIPA. The decision was made at the recently held CAIPA Annual...

FDI Down in Latin America & Caribbean

Foreign direct investments in the Caribbean and the Latin American region is at its lowest since 2010. That’s according to the regional Economic Commission, ECLAC....

Portland JSX Launches IPO

Michael Lee Chin’s Portland JSX (PJX) will this morning launch its Initial Public Offering,IPO, in an effort to raise $1.23-billion. The IPO which will run until June...

Grace Shareholders to Vote on Shares Sub-Division

Shareholders of Grace Kennedy Limited will next month vote on the Board’s approval for the sub-division of its ordinary shares, a three-for- one stock split. According...

Lasco Financial Preparing for Expansion

Lasco Financial Services, LFS, is to focus on pursuing expansionary activities as a strategy to achieving growth in the 2016 Financial Year. According to Managing...