Battling the odds of volatile communities, the Gladys Bailey Learning Centres, powered by the Flow Foundation, boosted the literacy levels of 61 students through its summer camps staged at its Spanish Town Road,…
Category: Business & Economy
Tech investor SoftBank trims losses, promises offensive turnaround
Japanese technology company SoftBank Group Corp continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn. But SoftBank’s April-June red ink, at ¥477.6 billion (US$3.4…
Stocks Round Up | Transjamaican, One on One Educational, Wigton volume leaders
The Jamaica Stock Exchange (JSE) Combined Index advanced today. The moderate trading ended with an advance/decline ratio of 34/57. The JSE Combined Index advanced by 377.13 points or 0.11 per cent, to close…
HMH Farms adding Jamgoat burgers to line-up
HMH Farms Limited is testing a new line of goat meat burgers, a first of its kind commercial product that aims to leverage Jamaicans’ love of mutton, which is traditionally consumed as a…
Canadian stocks now available locally as JSE launches DMA platform
Local investors can now trade shares issued on the Canadian market using select local brokers under the Direct Market Access portal newly introduced by the Jamaica Stock Exchange. The next phase will expand…
FSC proposes changes for dividends by securities dealers
JAMAICANS taking more interest in investing in stocks should pay attention to this bit of news as the Financial Services Commission (FSC) has proposed new guidelines for the distribution of dividends by securities…
One Great Studio breaks IPO drought
Digital marketing company One Great Studio (1GS) has broken the drought for investors seeking to participate in initial public offers (IPO) this year, being the first to come to market. The company, which…
Century books $16b gain on Jamalco deal
Century Aluminum, the new owner of Jamalco, has booked a US$103.3-million gain on its acquisition of the Clarendon-based alumina refinery, which translates to $16 billion in Jamaican currency. Century described the deal struck…
Court to rule on Mystic Mountain sale in a week, 20 creditors recognised
In a week, Justice David Batts is expected to tell Mystic Mountain receiver Wilfred Baghaloo whether he can proceed with the sale of the Ocho Rios-based adventure tour company that went bankrupt during…
‘I’m very happy’
MICHAEL Lee-Chin has declared himself “excited and happy” as he extends himself to give closer scrutiny to the NCB Financial Group. Still, shareholders were told in a highly anticipated investor briefing on Thursday…
