Published:Wednesday | May 20, 2015 | 3:32 PMNeville Graham
A LOCAL group of gas station owners calling themselves EDJ Acquisition Company Limited are to bid for the assets of Jamaica's fourth largest petroleum marketing company, Petcom, the Financial Gleaner has confirmed.The consortium includes Trevor...
Published:Wednesday | May 20, 2015 | 6:58 PMNeville Graham
Pressured by mounting complaints of a language barrier, Cable and Wireless Communications Plc will return its call centre operations to the Caribbean, with plans for a 200-seat contact centre that will replace the service now provided from Spanish-...
Published:Thursday | May 14, 2015 | 9:38 AMNeville Graham
First Heritage Co-operative Credit Union (FHC) is reporting that it passed the $100 million mark in surplus in December 2014, a gain of more than five per cent. FHC chairman Orville Hill says the performance was good especially in light of a bumpy...
Published:Tuesday | May 12, 2015 | 2:55 PMNeville Graham
Jamaica's manufacturing sector has added 7,200 jobs in one year, a 10 per cent growth in sector employment amid a tepid improvement in job creation overall that producers tout as more evidence of the sector's value to the economy.The jobs numbers...
Published:Thursday | May 7, 2015 | 10:48 AMNeville Graham
The owners of Jamaica's first home-grown petro-leum marketing company, United Petroleum (Unipet), are exploring their options after some 25 years of operation, but chairman Paul Abrahams is refusing to say whether that includes sale of the business....
Published:Tuesday | April 28, 2015 | 12:00 AMNeville Graham
Five gas station owners have banded together to form their own marketing company and retail chain, which is already doing business under the banner of FESCO.Four service stations are already up and running and another six are expected to join the...
Published:Thursday | April 23, 2015 | 1:53 PMNeville Graham
The one-kilometre stretch of newly built highway that was closed on April 21 is to facilitate movement of construction vehicles for two other segments of the North South Highway, the developer has said.China Harbour Engineering and Construc-tion (...
Published:Thursday | April 23, 2015 | 10:48 AMNeville Graham
Market watchers are predicting an upswing in the Jamaican stock market, one of whom says equities are likely to double in value within 18 to 24 months.Pension fund manager Rezworth Burchenson, investment CEO Gary Peart and financial analyst Keith...
Published:Wednesday | April 15, 2015 | 3:47 PMNeville Graham
DRT Communications Limited has acquired software that will allow it to track media markets across the Caribbean for any mention of clients or their specials interests, even in places that speak variants of English.DRT will track social media/...
Published:Friday | April 10, 2015 | 2:09 PMNeville Graham
The CHEC Americas office in Kingston has been parting company with some of its local employees and transferring some of its expatriate workers to another regional location, in what sources say is a reorganisation.Five Chinese nationals are said to...
Published:Thursday | April 2, 2015 | 5:35 PMNeville Graham
Jamaica is now due for a new mutual evaluation of its Anti Money Laundering /Counter Terrorism Financing (AML/CFT) safeguards by the Caribbean Financial Action Task Force, which will run for two weeks from June 1-15. At a forum co-hosted by the...
Published:Thursday | April 2, 2015 | 12:12 PMNeville Graham
Jamaica at last count was importing $35 million worth of mushrooms annually, and there is an emerging network of female farmers seeking to take a portion of that market.The Network of Women for Food Security (NOW), which operates out of central and...
Published:Friday | February 13, 2015 | 12:35 PMNeville Graham
Jamaica's big telecoms companies chalked up losses in excess of $360 million over the last three years from theft or vandalism of cable and equipment, much of which happens in areas that are isolated and hard to police, according to Financial...
Published:Wednesday | March 11, 2015 | 8:00 PMNeville Graham
Money advice is now only a click away with the launch of the Caribbean's first mobile application dedicated to financial planning.The Jamaican creator of Money Visor, Nicola Johnson, hopes to change the way advice gets to clients by opening a...
Published:Thursday | March 5, 2015 | 10:56 AMNeville Graham
Seprod Limited has inked an agreement with GraceKennedy Foods USA to distribute its brands through some 7,000 retail outlets in the American market, effective March 1.The agreement gives Seprod a line to mainstream American consumers, and beyond the...
Published:Wednesday | February 25, 2015 | 6:27 PMNeville Graham
Jamaica is in line to draw down SDR28.32 million (special drawing rights) or US$40 million following the just-concluded seventh quarterly review of the country's performance under the extended fund facility (EFF).The news comes as an International...
Published:Thursday | February 19, 2015 | 6:30 PMNeville Graham
Debt Management will be on the front burner as the Government embarks on its fiscal programme for financial year 2015-2016. That is the word from Finance and Planning Minister Dr Peter Phillips as he outlined the strategy for the just-tabled $641.6...
Published:Wednesday | February 11, 2015 | 4:12 PMNeville Graham
Seprod Limited will be pouring more than a billion dollars into upgrades across the company, Chief Executive Officer Richard Pandohie said Tuesday."Within Seprod, we are not quietly optimistic, we are loudly optimistic. We intend to grow over the...
