Restaurant Associates Limited Chairman Richard Lake, who operates the Burger King and Popeyes franchises, says while the fast-food or quick-service restaurant chains generally support the Jamaican economy, he has ruled out doing business…
Category: Business & Economy
More gains to come from SP ratings upgrade
Stakeholders in the private sector are calling on the Government of Jamaica to communicate and act swiftly to allocate the gains from the country’s macroeconomic programme, which resulted in the highest credit rating…
GiftMe goes after diaspora market with Ding partnership
E-Gifting company GiftMe, in joining forces with international mobile top-up platform Ding, said it is looking to tap into the diaspora market as both entities partner to fulfil the need for ‘purposeful remittance’…
Indies Pharma benefits from ‘loyalty and trust’
A strong pipeline of products; customer loyalty and trust; and cost control and efficiency are the main factors responsible for a strong financial showing from Junior Market-listed pharmaceutical company Indies Pharma. This is…
Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production
Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production. Six companies and groups submitted bids for the…
Gas prices up $2.87, diesel up $4.50
The state-owned oil refinery, Petrojam, has announced increases in the prices of all its products, effective Thursday. E-10 87 is to move up by $2.87 to sell for $191.07 per litre and a litre of…
Wall Street drifts lower as oil prices rise
NEW YORK, United States (AP) — A slide for technology stocks weighed on Wall Street Tuesday as the market prepped for a highly anticipated report on inflation due the next day. The S&P…
No settlement yet
THE NCB Financial Group is yet to complete negotiations with its former president and CEO Patrick Hylton and his deputy, Dennis Cohen, over the settlement in relation to their separation from the company….
Another junior migrating; share cap change in limbo
Another junior market company has announced its intention to graduate to the main market of the Jamaica Stock Exchange, saying its business has matured enough over the past decade to handle the more…
Listed funds have mixed half-year
While the overall stock market has seen double-digit declines, different listed funds on the Jamaica Stock Exchange (JSE) have seen mixed performances in their financial performance and stock price. The JSE Index was…