The full integration of its AS Bryden subsidiary continued to drive growth for manufacturing and distribution giant Seprod Limited which saw a near doubling of revenues in its last financial year. At the…
Category: Business & Economy
138 Student Living targets new projects
138 Student Living Jamaica Limited (138SL) said its additional public offering (APO) of stocks to the public as of today will set the company on a path to returning more dividends to shareholders…
EU targets six Big Tech companies in next phase of digital crackdown
Six Big Tech companies including Amazon, Apple and Microsoft faced fresh pressure Wednesday from the European Union, which moved to counter their digital dominance with far-reaching rules aimed at giving users more choices…
Stocks Round Up | ISP Finance, Lasco Financial the biggest winners today
The Jamaica Stock Exchange (JSE) Combined Index again declined marginally on Wednesday. The hectic trading ended with an advance/decline ratio of 35/60. The JSE Combined Index declined by 3,399.58 points or 1.01 per…
Gas prices down $0.25, Diesel down $0.31
Motorists will pay less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $0.25 to sell for…
No bail-out!
Finance Minister Dr Nigel Clarke said the Government’s intervention to cover the operating expenses at fraud-hit Stocks and Securities Limited (SSL) is not a bail-out. Clarke made the claim in an X (formerly…
SSL clients to regain access to accounts after investigation
After more than eight months since revelations came to light about fraudulent activities at Stocks and Securities Limited (SSL), Finance Minister Dr Nigel Clarke is optimistic that clients will regain access to their…
Floating ship repair service coming in early 2024
German Ship Repair Jamaica Limited, GSRJ, a joint venture involving Jamaican, German and Turkish interests, will be offering ship repair services from a floating dock in the Kingston Harbour, a 215 metre-long Panamax-size…
Registration of a business in Jamaica
Is it easy to do business in Jamaica? That is a question that has been on the mind of corporate investors, the Ministry of Finance, the Ministry of Industry and Commerce, the World…
Student housing — A unique asset class
The 138SL (‘The Company’) has justifiably captured a fair amount of investor and media attention since the announcement of a potential additional equity investment was made on January 27, 2023. Dialogue continued after…