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.
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.
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.
K.L.E Group Limited (KLE) is blaming a sluggish first half performance of the year that squeezed profit margins and choked revenues on the extensive road works being undertaken along Constant Spring Road.
Menthol smokers will soon be lighting up with increased gusto as Carreras Limited will launch a menthol cigarette encased in a capsule that allows smokers to switch to a citrus flavour mid-smoke.
Local baking company Honey Bun heated up an already hot summer with a reported unaudited after-tax profit of $16.7 million for the third quarter ended June 30, 2019, a sizzling 71.8 per cent increase compared with the corresponding period last year.