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Business briefs

Published:Tuesday | April 10, 2018 | 12:00 AM


Two Starbucks stores for Kingston


Starbucks Jamaica is recruiting staff to fill barista and shift supervisor roles for two stores to open in Kingston.

The chain opened its first of a planned 15 stores in Montego Bay in November and is now ready to make its debut in the capital.

It will operate stores at Liguanea Plaza and at Knutsford Boulevard in New Kingston, according to spokesman Stephen Hector.

Starbucks Jamaica will be hosting a job fair at Liguanea Plaza later this month to choose workers for the outlets.


NCBCap raises $11b on bond market


NCB Capital Markets Limited raised $11 billion on the bond market to refinance existing debt.

The bond, which closed on March 26, offers investors a high of six per cent on their investment.

The amount raised surpassed the $10-billion bond issued by NCBCap last year May.

CEO Steven Gooden said this latest bond solidifies the financial entity as a leading investment bank in Jamaica, having closed approximately 30 corporate finance and structured product deals across the region with a value of approximately $90 billion over the course of a year.