IEC Energy Company Limited, which recently became the majority shareholder of Ciboney Group, has made an offer for the minority shares that’s priced substantially below the former hotel company’s current market price. Still,…
Category: Business & Economy
Stocks Round Up | Margaritaville Turks, Lasco Financial and Ciboney today’s top performers
The Jamaica Stock Exchange (JSE) Combined Index closed on a winning note on Tuesday. The slow trading ended with an advance/decline ratio of 40/31. The JSE Combined Index advanced by 695.35 points or…
Connected & Protected student ambassador encourages internet safety
Ash-wayne Morrison, a Flow Foundation Student Ambassador who attends Galina Primary and Infant School in St Mary, is diligent in his advocacy of safer internet habits among his peers and family members. The…
ECB: Interest rates will stay high ‘as long as necessary’
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation. Still, she sympathised with…
Stocks Round Up | 109 stocks traded as JSE opens week on winning note
The Jamaica Stock Exchange (JSE) Combined Index opened the week on a winning note on Monday. The moderate trading, ended with an advance/decline ratio of 41/42. The JSE Combined Index advanced by 3,102.28…
Select retail reimagined:
Distribution company Derrimon Trading Limited has formed a partnership with Intcomex, a distributor of computer products, to operate an electronics store at Millennium Mall under the brand, Select Tech. So far, the companies…
CAC 2000 heads to Montego Bay with retail store
Less than a year after opening its first stand-alone retail store in Kingston, 23-year-old air-conditioning company CAC 2000 is about set to add another retail outlet in Montego Bay, next month, as it…
One Great Studio kicks off trading as listed company
One Great Studio Company Limited (1GS) set off fireworks on the Jamaica Stock Exchange (JSE) last week as it became the first digital service agency and 53rd company to have listed on the…
Real estate experts: Buy a house today for a secure tomorrow
AS the real estate market continues to evolve at break-neck pace, one age-old question remains at the forefront of financial decisions: Buy or rent? As prospective homeowners and renters weigh their options, the…
New Kingston’s smart city transformation
THE countdown to a smarter, more connected Jamaica has begun. Six years after the visionary blueprint was unveiled in 2016, New Kingston’s Smart City Demonstration Project is now on the verge of becoming…