Tue | Jun 25, 2019

Business

Mark Croskery, CEO of SSL Ventures.

SSLVenture Capital Limited shares were suspended on Monday following a submission by the company in an attempt to work out technicalities with its regulator. The Jamaica Stock Exchange (JSE), which regulates the market, granted approval for the...
In this January 12, 2015 file photo, a man takes pictures of Caesars Palace hotel and casino in Las Vegas. Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant. The acquisition on Monday, June 24, puts about 60 casinos and resorts in 16 states under a single name, one of the biggest gambling and entertainment ventures in the United States.

Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at US$17.3 billion, creating a casino giant. The acquisition on Monday puts about 60 casinos and resorts in 16 states under a single name, one of the biggest gambling and...

Food and logistics conglomerate Jamaica Producers Group is expanding its shipping business in the United Kingdom with new warehousing space to enable freight consolidation to the Caribbean. The expansion would increase warehousing capacity by 20,...

SSL Venture Capital Jamaica Limited, which trades as SSL Ventures, disclosed a disagreement with its auditor, whose conclusions about the quantification of goodwill regarding three new acquisitions it questioned in a filing posted on the stock...

Four years into his role as CEO of Seprod Limited and an equal number of years of campaigning to push growth in Jamaica’s agriculture sector, it was a moment of “mixed emotions” for Richard Pandohie, who has been appointed the new president of the...

Kingston Wharves Limited (KWL) said it continues to lobby the Government for full special economic zone or SEZ status, noting that the journey has been slow but that progress has been made. The port company expects the process to be completed this...

Food and beverage trader Caribbean Producers Jamaica, CPJ, has listed a $500-million bond on the Jamaica Stock Exchange, after raising debt on the private market to refinance its borrowings. “We are retiring expensive debt which we had on the...

Consolidated Bakeries Jamaica Limited, which trades as Purity Bakery, has pumped roughly $10 million in bringing to market a line of low and gluten-free products under its Miss Birdie brand. The investment forms part of a $20-million project the...

Boutique business hotel Terra Nova is living up to its English translation, ‘new land’, with the breaking of new ground on a luxury condominium complex as the model for a planned redevelopment of the substantial real estate holdings of its owners,...

GDP growth rates are one of the market’s favourite metrics for assessing sovereigns. When comparing two countries, the one with the higher GDP growth rate is often considered to be the better credit. Of course, the reverse is also true. Countries...
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