Caribbean Business Reports

Manufacturing

Jamaican Teas to spin off manufacturing arm

After spinning off its investment portfolio as a separate company, in the form of QWI Investments...

Oct 11 | BY

Finance

Bank of Jamaica’s rate hike

The Bank of Jamaica (BOJ) last Thursday hiked its key policy rate by one percentage point...

Oct 06 | BY Dashan Hendricks

Finance

Eppley expanding investment portfolio

Even with there being talk of a possible rise in interest rates, Eppley Limited remains...

Oct 05 | BY

Investment

Access Financial up more than 16% to lead JSE gains

Access Financial Services Limited led trading gains Friday on the Jamaica Stock Exchange (JSE). The...

Oct 05 | BY

Food

Express Catering posts biggest quarterly increase on JSE in 2021

EXPRESS Catering registered an impressive increase in revenues for its 2022 first quarter which ended...

Sep 29 | BY

Investment

VM Wealth raises billions for parent company

Victoria Mutual Wealth Management (VMWM) — acting as lead broker and arranger — has raised...

Sep 29 | BY

Investment

Pulse year end profits up 74.8%

Despite the prolonged effects of the novel coronavirus pandemic on its business, lifestyle and real...

Sep 29 | BY Kellaray Miles

Investment

NCB Financial Group raises $15-billion bond

DESPITE having no difficulty raising capital from the market in the past, NCB Financial Group’s...

Sep 28 | BY

Investment

JMMB considers share buy-back

The JMMB Group (JMMBGL) will be considering a share buy-back proposal. This was confirmed by...

Sep 28 | BY

Investment

Barita raises $10 billion targeted in just-closed APO

Barita Investments Limited has successfully raised the JM$10 billion initially sought after in its additional public...

Sep 27 | BY

Real Estate

Sygnus Real Estate Finance obtains JM$3.2 billion in financing to complete ‘One Belmont’ project

After falling short at securing the expected $4 billion capital raise through its just closed...

Sep 25 | BY

Infrastructure

CAC 2000 stalls regional expansion

CAC 2000 Limited has decided to put its regional expansion ambitions on hold as the...

Sep 24 | BY Andrew Laidley

Investment

Jamaica’s listed equity funds underperform despite recovery in NAVs

THE economic turbulence triggered by the novel coronavirus pandemic has weighed on the performance of...

Sep 24 | BY

Entertainment

Main Event expects more uncertainty amid continued restrictions

MAIN Event Entertainment Group Limited (MEEG) said despite some growth in earnings at the end...

Sep 24 | BY

Manufacturing

Seprod anticipates end to supply chain disruptions

AS logistics and supply chain disruptions continue to negatively impact the price of commodities and...

Sep 24 | BY Kellaray Miles

Health

Fontana breaks JM$5-b revenue mark in pandemic

Even with the pandemic limiting retail sales and commercial activity in the country, Fontana Limited was...

Sep 21 | BY

Investment

Sygnus Real Estate IPO falls short

Sygnus Real Estate Finance (SRF) failed to raise the almost JM$4 billion it targeted in its...

Sep 21 | BY

Manufacturing

THE ANALYSTS: Jamaica Broilers urged to control operating expenses

Assistant manager of Private Equity at Proven Management, Julian Morrison, has cautioned that growth could be...

Sep 20 | BY

Technology

Productive Business Solutions deepens talent pool with acquisition

Chief executive officer (CEO) of Productive Business Solutions (PBS), Pedro Paris shared that the recent acquisition...

Sep 20 | BY Josimar Scott

Investment

Sygnus Credit Investments declares record dividend payout

Alternative investment outfit Sygnus Credit Investments (SCI) has declared a record interim dividend of US$1,550,000 following the...

Sep 16 | BY