Caribbean Business Reports

Economy

BOJ slams interest rate critics

Bank of Jamaica Governor Richard Byles has slammed critics of the central bank’s decision to...

Nov 21 | BY Dashan Hendricks

Insurance

General Accident Insurance Jamaican operations leading group performance in 2021

The Jamaican operations of General Accident Insurance Company Group has been the best-performing segment of...

Nov 19 | BY

Finance

EquityLine announces voting on common share split

Canada-based and Jamaican-listed mortgage financier EquityLine Mortgage Investment Corporation has announced the completion of a...

Nov 19 | BY

Finance

Strong expectations for equities earnings this quarter

As the economic recovery picks up most listed companies are optimistic about continued improvement in...

Nov 17 | BY

Investment

Jamaica Stock Exchange plans employee share of profit

The Jamaica Stock Exchange Limited (JSE) is the latest company to announce an employee share ownership...

Nov 17 | BY

Finance

GraceKennedy earns record JM$96 billion

Following its insurmountable growth during 2020 that was scathed by the pandemic, GraceKennedy (GK) Limited...

Nov 13 | BY

Investment

Sygnus Capital raises JM$3.1 billion to support itel expansion

Sygnus Capital Limited has successfully raised JM$3.1 billion by way of a private placement of...

Nov 12 | BY

Finance

COVID weighs heavily on NCB

Lockdowns in J’ca, T&T impact performance Ravaged by lockdowns induced by the novel coronavirus pandemic, NCB...

Nov 12 | BY Dashan Hendricks

Telecommunications

Fitch and Moody’s caution Digicel on pending credit rating

Having announced that they will be upgrading their credit rating of Digicel, international credit ratings...

Nov 07 | BY

Markets

‘Sin’ stocks record best performance during pandemic

Despite the novel coronavirus pandemic continuing to hamper global growth, including in Latin America and the...

Nov 06 | BY

Finance

CariCRIS reaffirms good creditworthiness for JMMB

…maintains positive outlook Regional credit rating agency Caribbean Information and Credit Rating Services Limited (CariCRIS)...

Nov 06 | BY

Retail

Derrimon delays Select Grocers May Pen until 2022

As the world continues to grapple with the wave of inflation resulting from shortages and delays,...

Oct 29 | BY

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