Two recently appointed Jamaica Labour Party senators have been appointed to the Executive arm of the…
Category: Info Jamaica
R.A. Williams Distributors Experienced 8% Decline In GP Margin Due To Lower Margins On Government Sales
Audley Reid CEO R.A. Williams Distributors Limited has released the following unaudited financial results for the third quarter ended January 31, 2025, prepared in accordance with IFRS Accounting Standards. FINANCIAL PERFORMANCE Revenues for…
Lumber Depot Associate, Atlantic Plumbing And Hardware To Offer 20% Of Its Share Capital To Raise JA$500 Million In Planned IPO.
Atlantic is engaged in the supply of plumbing and hardware items to retail hardware establishments across Jamaica. Atlantic has a well-established position in this important market segment and will continue to focus directly…
GCT Exemption Threshold for MSMEs Increased to JA$15 Million
The Government of Jamaica has announced an increase in the General Consumption Tax (GCT) exemption threshold from $10 million to $15 million for micro, small and medium-sized enterprises (MSMEs). Minister of Finance and…
JA$2 Billion in Support to Jamaican MSMES
“Small business owners have said to me that opening a bank account for their business is difficult. They feel there’s no difference between the requirements for them as MSMEs, as opposed to a…
Trump orders withdrawal of funding for VOA
US President Donald Trump has signed an order to strip funding for the federally financed news…
Single Tax Rate on Dividends to Attract Investors To Jamaica
“When you hear non-resident companies and non-resident individuals, don’t immediately think foreign companies or foreign individuals. These may also be companies registered abroad that are owned by Jamaicans. There are also Jamaican individuals…
Jamaica Open For High-Value Agricultural Investments – Minister Green
“Now is the time for high-value agricultural investment, right here in Jamaica. Things that we produce in Jamaica are sought after all over the world. As such, we do believe there are significant…
GraceKennedy Delivers Strong Financial Performance in 2024
On the heels of the strong results, GK Group CFO Andrew Messado has announced GK’s first dividend payment for 2025, with J$0.55 per stock unit declared, payable on April 7 and totaling approximately…
Scotiabank Trinidad And Tobago Balanced Mix Of Assets Successfully Generates Additional $48 Million.
“The Group has embarked on the 2025 financial year with a commendable performance, reflecting the robustness of our strategy in a highly competitive market. We continue to strategically optimize our balance sheet. Our…