Mon | Jun 18, 2018

Stories by Avia Collinder

Published:Wednesday | March 21, 2018 | 11:10 AMAvia Collinder

GraceKennedy Limited (GK) and its partner Western Union announced today an expansion of the company’s digital money transfer service, which will allow Jamaicans to send funds via an online platform to 200 countries globally. Effective April 1...

Published:Sunday | March 18, 2018 | 12:00 AMAvia Collinder

Jamaican realty company La Maison Property Services Limited has become a franchisee of an American operation called Better Homes and Gardens Real Estate LLC and has rebranded under the new name.La Maison's name change to Better Homes and Gardens...

Published:Sunday | March 11, 2018 | 12:00 AMAvia Collinder

After 20 years of executive support to government officials and diplomats, Marcia Yateman parlayed her talent for administration and project management into an outsourcing company that provides 'virtual administrative support'.Four years ago, she...

Published:Sunday | March 4, 2018 | 12:00 AMAvia Collinder

Money transfer company WorldRemit has made a bid for even more of the online remittance market with a new service for Jamaicans in New York, according to regional head, Erick Schneider.The company, through local agents such as JMMB and VMBS, has...

Published:Sunday | March 4, 2018 | 12:00 AMAvia Collinder

The Mona campus of the University of the West Indies, UWI Mona, is cleared to recruit students from the United States who qualify for financing from their federal government.It took two years for the university to reach agreement with the US...

Published:Monday | February 26, 2018 | 6:44 PMAvia Collinder

  Sagicor Group Jamaica and Playa Hotels have reached agreement on combining hotel operations. “We are investing our hotels in their business,” Sagicor Group chairman Richard Byles told the Financial Gleaner. “They are...

Published:Sunday | February 18, 2018 | 12:00 AMAvia Collinder

Howard Johnson Jr, president of the Realtors' Association of Jamaica (RAJ) says that Jamaica is now experiencing a "quasi sellers market", with one indicator being the swift sale of units.Inventory is on the uptick, Johnson said, but so are sales."...

Published:Sunday | February 11, 2018 | 12:00 AMAvia Collinder

The Financial Services Commission (FSC) regulator of the securities market, says Sagicor Investments Jamaica Limited continues to lead the unit trust market, with nearly half of the assets under management.In the span of one year, unit trusts and...

Published:Sunday | January 28, 2018 | 12:00 AMAvia Collinder

The Jamaica Used Car Dealers Association, JUCDA, has charged that Japanese dealers are competing directly with local operators by selling directly to Jamaican car buyers in contravention of their licence.JUCDA president Lynvalle Hamilton said that...

Published:Sunday | January 28, 2018 | 12:00 AMAvia Collinder

Minister of Finance Audley Shaw is assuring auto dealers that the pre-inspection of used car imports would be transparent, in an effort to allay concerns that the new arrangement to take effect February 1 would be disruptive to their businesses.The...

Published:Sunday | January 21, 2018 | 12:00 AMAvia Collinder

Jamaica's cruise tourism market is expected at the very least to match last year's unexpected performance, but there is hope that the number of visitors could edge even closer two million passengers if current growth trajectories are maintained.The...

Published:Sunday | January 21, 2018 | 12:00 AMAvia Collinder

Coffee processor Jamaica Standard Products Company Limited will begin retailing single serve coffee capsules under the Island Blue and High Mountain brands this year, according to General Manager John O. Minott, who is looking to reinvigorate volume...

Published:Sunday | January 14, 2018 | 12:00 AMAvia Collinder

The National Housing Trust (NHT) expects to disburse $5.3 billion in contribution refunds this year.Under the agency's Contribution Refund Toward Deposit, or CRTD, facility, would-be homeowners may use their refundable NHT contributions towards home...

Published:Thursday | January 11, 2018 | 2:56 PMAvia Collinder

Aiming to expand in Europe, Jamaican conglomerate GraceKennedy Limited (GK) is considering the acquisition of a sales and distribution business - or, alternatively, its own start-up food company - in Germany.Group CEO Don Wehby also told the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

David Morrison, president of Morrison Financial, now claims to be the principal developer of the Gates of Edgehill residential project in St Mary, based on an agreement with former head, Rollyn Bennett.Morrison says his firm is fully backing the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

The University of the West Indies (UWI) is looking carefully at the timing of construction of the final set of rooms under the three-phase plan to increase student accommodation on the Mona campus, according to its concession partner.But the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

The National Housing Trust (NHT), which last September announced plans for the long-awaited Ruthven Towers in Kingston, says that a redesign of the development is under way and is the cause of a delay in construction.The redesign is likely to affect...

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Jamaicans are relying less on cash and more on point-of-sale and Internet transactions, according to local banks and their regulator, the Bank of Jamaica, BOJ.Those findings predated the...

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Following an apparent disagreement over the direction of Sagicor Group Jamaica's hotel portfolio, the financial conglomerate says the parties have settled on a new posting for Rohan Miller....

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Jamaica Private Power Company, JPPC, has a new owner with the announced sale of the Latin American and Caribbean businesses of Inkia Energy Limited to I Squared...

Published:Wednesday | January 3, 2018 | 12:00 AMAvia Collinder

Olympia Crown Hotel, located on Molynes Road near the heart of Half-Way Tree in Kingston, has been placed on the market by owner Robert Forbes.Forbes, 65, who is also managing director for the 92-room hotel, told Gleaner Business that he needed...

Published:Sunday | December 31, 2017 | 12:00 AMAvia Collinder

The National Housing Trust (NHT) says that while it is unable to say what increases may result from the current move by reinsurers to raise rates, current property insurance rates will hold until August 2018.The NHT's reassurance follows an...

Published:Friday | December 29, 2017 | 3:52 PMAvia Collinder

  Amid rumours that the Playa hotel group has expressed interest in buying hotels owned by Sagicor Group Jamaica, informed sources said Friday that Rohan Miller had separated from the financial conglomerate. Gleaner Business understands that...

Published:Friday | December 29, 2017 | 12:47 AMAvia Collinder

The International Monetary Fund (IMF) is trumpeting gains on the correspondent banking crisis, once seen as a near-...

Published:Friday | December 29, 2017 | 12:00 AMAvia Collinder

JN Small Business Loans Limited, JNSBL, is predicting growth in new loans within a range of 30-40 per cent, based on the demand for credit and consistent with previous...

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