Category: Business

Jamaica Producers Lists $1bn Bond on JSE

Jamaica Producers Group (JPG) yesterday listed a $1-billion bond on the Jamaica Stock Exchange (JSE) market. This represents the third corporate bond listing since the...

Jetcon Issues Invitation for Investors

Local Car Dealer, Jetcon has issued an invitation for potential investors to subscribe and purchase ordinary shares in the company’s capital. According to company...

Private Sector Lending UP 10%

The Private Sector is lending and investing more in the Jamaican economy. That’s the word coming out of today’s quarterly monetary policy briefing of the...

New FLOW Call Center to Create 350 Jobs

A new state of the art call centre being built by telecommunications company FLOW, promises to create approximately 350 new jobs. The centre is being built in...

Bio-Ethanol Plant to Generate 600+ Jobs

Fuel developer, Benchmark Renewable Energy Company, says it will invest USD$95-million or just under JMD$12-billion in the construction of a large scale bio-ethanol...

Bunting & Golding Return to Proven

Former Cabinet colleagues, Peter Bunting and Mark Golding, have returned to the private sector, eight days after the PNP were beaten in the general elections. Bunting,...

Economy Registers 0.6% Growth in Q4 2015

The Planning Institute of Jamaica, PIOJ says the economy grew by zero-point-6 percent for the October to December quarter in 2015. This is relative to the corresponding...

April 1 Implementation of Tax Promise Could Complicate the System

Country Managing Partner and tax expert at Ernst and Young, Allison Peart says the incoming JLP administration will have to provide more details on its income tax plan,...

Concerns Over Plans to Raise Minimum Wage

President of the Business Process Industry Association of Jamaica (BPIAJ), Yoni Epstein has expressed concern regarding the plans by the Jamaica Labour Party to increase...

Derrimon Trading Registers $89m Profit

Derrick Cotterell’s Derrimon Trading has seen reported $88.78-million in profit for the financial year ended December 31. This is a $36.5-million dollar improvement...