Mon | Feb 18, 2019

Business

Proven Investments Limited (PIL) has acquired a 20 per cent stake in events company Dream Entertainment Limited, adding a new line to the company’s portfolio of assets that is largely focused on investment, real estate, and microfinance in...

NCB Financial Group has been forced to extend the closing deadline for its takeover of Guardian Holdings Limited (GHL) because it still has hurdles to clear. Jamaica’s largest banking group needs approvals from Trinidad & Tobago’s...

Large poultry producers Jamaica Broilers Group (JBG), signed a three-year agreement earlier this month with shipping company United Bulk Carriers (UBC) to supply grain to its operations in Jamaica and Haiti. The two companies signed the charter...

Despite the tabling of a bill by the Jamaican Government for the hostile takeover of Venezuela’s minority holdings in the Petrojam refinery, the principals in A & A Lime Hall Development Company are still optimistic about reaching an...

Total Jamaica Limited appears poised to take the top spot in the local petrol market, at least in terms of the number of stations that it operates, with the announced agreement to acquire rival Epping. The terms of the acquisition were not...

For the financial year ending December 2018, IronRock Insurance – the newest entrant in a market of nine operating companies – generated a profit of $811,000. By itself that number would be unimpressive. But within its proper context...

The makers of Mountain Peak instant coffee, Salada Foods Jamaica Limited, ceased coffee production during much of its December first quarter due to an accident in the boiler room. “The decline arose in October 2018 from an accident in the...

A coalition of at least 10 manufacturers and distributors in the beverage industry have agreed to impose a cess on polyethylene terephthalate, or PET, bottles, funds from which will be paid to Recycle Partners of Jamaica, RPJ, as the businesses join wit

Venezuela’s chief prosecutor said Thursday he has launched an investigation into opposition leader Juan Guaidó’s appointment of a transitional board of directors for the state oil company. Attorney General Tarek William Saab said...

The modernisation of Jamaica’s central bank will see the Government pumping around $26 billion of fresh capital into the Bank of Jamaica, BOJ, as it transitions to independence.
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