Thu | Jul 27, 2017

Stories by Steven Jackson

Published:Wednesday | July 26, 2017 | 7:00 AMSteven Jackson

Jamaican scientist and entrepreneur Dr Henry Lowe now plans to sell his recently approved anti-cancer drug made from ganja.He is currently in preliminary talks with pharmaceutical interests who want to fully acquire or license the rights to Cresorol...

Published:Wednesday | July 26, 2017 | 7:00 AMSteven Jackson

Lasco Financial Services Limited credits greater customer awareness of its services for the increasing spend and earnings during the June first quarter.The company led by Managing Director Jacinth Hall-Tracey generated net profit of $67 million for...

Published:Sunday | July 23, 2017 | 7:00 AMSteven Jackson

Cable & Wireless Communications (CWC), operator of the Flow brand, started testing a fifth-generation or 5G mobile Internet network this month with the goal of a future roll-out across the region...

Published:Friday | July 21, 2017 | 7:00 AMSteven Jackson

A fifth of the applications for ganja licences have got conditional approvals from Cannabis Licensing Authority (CLA), while two licences have...

Published:Wednesday | July 19, 2017 | 7:15 PMSteven Jackson

Stationery & Office Supplies Limited's (SOS) initial public offering, which opened at 9 a.m. this morning, closed in under a second. The offer was more than four times oversubscribed, based on initial counts, stated Allan ...

Published:Wednesday | July 19, 2017 | 7:00 AMSteven Jackson

Businessman and ganja researcher Balram 'Bali' Vaswani is setting up a chain of ganja stores, called Kaya Inc, the first of which will open off the highway in the Garden Parish of St Ann.Vaswani is already recruiting staff for his first ganja...

Published:Friday | July 14, 2017 | 7:00 AMSteven Jackson

Scientist and businessman Dr Henry Lowe is predicting annual sales of US$250 million, the equivalent of around $32 billion, from Cresorol, an anti-cancer drug...

Published:Friday | July 14, 2017 | 7:00 AMSteven Jackson

Caribbean Cement Company plans to refinance its hefty operating lease for the Rockfort plant in Kingston.At the same time, the cement maker will be...

Published:Wednesday | July 12, 2017 | 7:32 AMSteven Jackson

The initial public offer of document company Productive Business Solutions (PBS) was fully subscribed, but its preference share offer remains open, according to lead broker National Commercial Bank (NCB) Capital Markets Limited. The offer...

Published:Wednesday | July 12, 2017 | 7:00 AMSteven Jackson

Half of all firms see crime as the top problem facing the nation, according to the latest survey of business and consumer confidence released on Tuesday.It comes amid a surge in murders and a clampdown on communities by the security forces. The...

Published:Wednesday | July 12, 2017 | 7:00 AMSteven Jackson

Stationery & Office Supplies Limited (SOS) will introduce sales next year following a $7-million technology upgrade. SOS is also testing its upgraded customer relations management system that its plans to rollout in two months...

Published:Monday | July 10, 2017 | 7:34 PMSteven Jackson

Stationery and Supplies Limited (SOS) plans to introduce online sales next year following an up to J$7 million upgrade in its technology, the company said. Concurrently, JN Fund Managers deputy general manager, Jermaine Deans indicated that...

Published:Friday | July 7, 2017 | 7:00 AMSteven Jackson

Stationery & Office Supplies Limited (SOS) will grow its warehouse space in Kingston by more than half with its pending purchase of lands contiguous to its head office on Beechwood Avenue in Kingston...

Published:Friday | July 7, 2017 | 7:00 AMSteven Jackson

Ian Dear's Express Catering Limited aims to raise $490 million an initial public offering of...

Published:Friday | July 7, 2017 | 7:00 AMSteven Jackson

Stony Hill Ventures Limited, a US-based private equity firm which invests in ganja ventures, wants to raise more funds amid five deals executed in its first year of...

Published:Friday | July 7, 2017 | 7:00 AMSteven Jackson

Jamaica improved by one spot to rank eighth among 11 countries in terms of the private equity and venture capital, or PE/VC, environment in Latin America,...

Published:Sunday | July 2, 2017 | 7:00 AMSteven Jackson

Derrimon Trading Company, a distribution company which also operates two supermarket brands, says it is now strong enough to consider expanding regionally, three years after going public.The company operates Sampars and Select Grocers, and...

Published:Friday | June 30, 2017 | 6:00 AMSteven Jackson

Michael Lee-Chin's Portland Private Equity, through funds under its control, is expected to take up a 22 per cent stake in document company Productive Business...

Published:Friday | June 30, 2017 | 6:00 AMSteven Jackson

Mayberry Investments got shareholder approval on Wednesday to reorganise the subsidiary used to make its investments.The annual general meeting gave the board the go-ahead to...

Published:Friday | June 30, 2017 | 6:00 AMSteven Jackson

Telecommunications provider Cable & Wireless Jamaica Limited (C&WJ), which trades as FLOW, has urged its regulator to reconsider plans to slash fixed-line charges, saying it could have a deleterious effect on its cash flow...

Published:Friday | June 30, 2017 | 6:00 AMSteven Jackson

C2W Music Limited, a listed company that publishes music and manages artistes, says it would consider selling the company after another bad quarter in which it made...

Published:Wednesday | June 28, 2017 | 6:00 AMSteven Jackson

S&G Road Surfacing Materials Limited, based in Mandeville, won a US$12 million contract to resurface the taxiway and supporting infrastructure at Sangster International Airport...

Published:Wednesday | June 28, 2017 | 6:00 AMSteven Jackson

Marine park operator Dolphin Cove Limited credits its relatively new online booking platform and websites for increasing individual and small group visits to its venues.Usually visitors would come to the venues in tours facilitated by cruise ships...

Published:Tuesday | June 27, 2017 | 6:25 PMSteven Jackson

Document company Productive Business Solutions (PBS) is going to on the market in an attempt to raise US$41.5 million from an offer of ordinary shares in the company as well as preference stock. In local currency terms, the offer is valued at...

Published:Friday | June 23, 2017 | 6:00 AMSteven Jackson

An unnamed entity has acquired 10 per cent of Caribbean Flavours & Fragrances Limited under a new partnership that the company says is meant to boost exports...

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