Category: Business

World of Dolphins Edges Closer to Dolphin Cove Takeover

World of Dolphins has been given permission to acquire additional shares in local tourist attraction, Dolphin Cove. The offer to purchase additional shares was made...

Courtney Campbell Moves to VMBS

The Victoria Mutual Building Society has announced that Courtney Campbell is its new President and CEO. In a statement today, VMBS says Mr. Campbell will be succeeding...

NIR Up for December

The Bank of Jamaica says the country’s Net International Reserves, NIR, stood at USD$$2,437,000,000 at the end of December this year. That’s an increase of...

Economist Predicts Good Economic Year

Financial Analyst and Publisher of the online business magazine “Investor’s Choice”, John Jackson, is predicting that 2016 will be a good year for the...

World Bank Projects 2.1% Growth

The World Bank says the Jamaican economy should grow by 2.1-percent this calendar year. The projection was published today in the World Bank’s first Global...

Gleaner-RJR Investors Re-Convene This Week

Shareholders in the RJR Communications Group and the Gleaner Company are to convene this Thursday for a second extraordinary general meeting. Chairman of the RJR Group,...

GraceKennedy Divests H&L Shares

GraceKennedy Limited has announced that it has divested its more than 58 per cent shares in Hardware and Lumber, H and L. The local supplier of hardware products, Rapid...

Gas Prices Down

Petrol prices are set to decrease at the pumps this week. Petrojam says the price of 87 and 90 octane gasoline has decreased by $1.72 per litre. The price of Automotive...

‘Stop Worrying About the Dollar’ – Chung

The Chief Executive Officer of the Private Sector Organization of Jamaica, PSOJ, Dennis Chung, says Jamaicans should stop fretting about the depreciation in the value of...

Heineken Completes Diageo Deal

British based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for USD$781-million. The deal, which was announced in October, will...