Cable & Wireless Jamaica, which trades as LIME Jamaica, is now dependent on its parent for survival after hitting a new record in losses both at the telecoms and of any stock market company in the exchange's five decades of trading.
The Planning Institute of Jamaica (PIOJ) has reported that real gross domestic product (GDP) grew by an estimated of 0.6 per cent for the March quarter, notwithstanding the dramatic drop in mining and quarrying activity that ended a two-year growth...
Caribbean Cement Company Limited has increased the price of bagged cement by 9.2 per cent, but said the ex-factory price will still be among the lowest in five other regional markets.
Lascelles deMercado & Company says it has found a buyer for Globe Insurance Company Limited but that there is yet no binding agreement to sell.
Pan-Jamaica Investment Trust wants to earn one-quarter of its profit in foreign currency within five years, a goal that has guided its recent and planned investment picks.
Jamaica Money Market Brokers Limited (JMMB) doubled its net profit to J$2.24 billion at the end of its financial year March 2012, the highest profit ever made by company in its 20 years of operation.
GraceKennedy Limited says it will not set up offices in its newest market, Ghana, but will distribute its products through an unnamed partner in the United Kingdom.
Trinidad Cement Limited has finalised a deal with its creditors that allows it to convert TT$1.89 billion of its short-term liabilities into long-term debt.
The budget presentations by Minister of Finance Dr Peter Phillips, and Opposition spokesman on finance Audley Shaw left the country with more concern and lack of hope about the debt crisis that is strangling Jamaica.
In last week's column on the comparison of Greek and Jamaican debt there was a quote left without further comment.
A UNITED Nation official is urging the Caribbean region to prioritise integration, innovation and investment as a growth strategy.
The price of oil continued its month-long slide Thursday following new reports that the United States economy isn't growing as fast as many hoped.