Business (30)

Wednesday, 06 May 2020 09:51

Credit Unions pop $4 million towards Covid Fight

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The Credit Unions of Jamaica have demonstrated that it takes cash to care, digging deep in support of the Together We Stand Covid-19 Telethon with a huge pledge of J$4 million.

The Tourism Enhancement Fund (TEF) has purchased six laptop computers and six cell phones at a cost of $1.5 million, which will enable staff at the Rural Agricultural Development Authority (RADA) to work from home and have access to the Agri-linkages Exchange (A.L.E.X) platform.

Wednesday, 22 January 2020 15:00

JSE now live on Nasdaq

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The Jamaica Stock Exchange (JSE) has successfully gone live with Nasdaq Matching Engine and Nasdaq Market Surveillance, enabling it to introduce new products and services, and attract investors.
Jamaica's major private sector groups are urging the government and opposition to end their combative utterances on crime and channel their efforts towards expediting the national consensus on crime.
Friday, 06 December 2019 12:31

Jamaica Broilers records 2 per cent profit increase

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Jamaica Broilers Group says revenues for the first six months of  its current financial year amounted to $26.3 billion  - a 2 per cent increase over last year.
Friday, 06 December 2019 12:25

PM directs NHT to lower the cost of its houses

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The National Housing Trust (NHT) has been directed to lower the cost of the houses it builds.
Tuesday, 26 November 2019 16:21

Digicel Facing A Challenging Future

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On the heels of international ratings agency Fitch warning that telecoms giant Digicel faces imminent refinancing risks and will likely have to restructure its 2021 bonds, news has emerged that the company suffered a dip in earnings for the July to September quarter.

The Palace Amusement Company continues to “hold its own” even in the face of declining audiences at its cinemas.
 Knutsford Express Services Limited benifitted from an increased demand for transportation services in the island, cruising to a 10.8 percent increase in revenues over the comparative period last year. 

Caribbean Cement Company Limited has continued its robust growth with revenue for the first three quarters of the year jumping to $13.5 billion, an increase of 2 per cent when compared to the period last year. However, heavy rainfall combined with other operational expenses to squeeze profit margins in the third quarter.

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