Category: Business

Mayberry Investments Gets More Shares in LASCO Financial Services

Mayberry Investments Limited has increased its stake in LASCO Financial Services Limited to 20-percent. The announcement was made by LASCO’s Chairman, Lascelles...

Slash Gas by 20% – Montague

Opposition Spokesman on Energy and Mining Robert Montague is calling on the government to rollback gas supplied by Petrojam by at least 20-percent to bring it inline...

February Remittances Down

The Bank of Jamaica says net remittances for February this year came in at USD $147-million, a 3% decline when compared to February last year. Gross remittance inflows...

Phillips to Chair CDB

Finance Minister, Dr. Peter Phillips, is the new chairman of the Caribbean Development Bank’s Board of Governors. He assumed the Chairmanship yesterday, at the close...

GraceKennedy Group Net Profit Declined by 25%

The GraceKennedy Group has experienced a 25-percent decline in net profit for the first quarter of 2015, relative to the return in the corresponding period last year....

CDB Establish Public-Private Partnership Support Facility

The Caribbean Development Bank, CDB, has established a 1-point-2 million US dollar regional Public-Private Partnership Support Facility, to be based at its headquarters...

Inflation Expectation Lowest on Record

Governor of the Bank of Jamaica, Brian Wynter, says inflation expectation among businesses has fallen to the lowest level on record. He says inflation expectations in...

McNeill wants Regional Appoach to C’bean Tourism

Tourism Minister, Dr. Wykeham McNeill is calling for a regional approach to growing the tourism market in the Caribbean. His comment comes on the heels of Jamaica...

Grace Kennedy Looks to Expand in Cuba

The Group CEO of Grace Kennedy Don Wehby, says the company has established a corporate panel to study the possibility of going into the Cuban market, in light of the...

Xerox to Open 3 New Call Centres in New Kingston This Year

The multinational document management corporation, Xerox, says it plans to expand its business in Jamaica by adding three new call centres in the New Kingston Business...