TWO YEARS after investment house Proven Investments Limited (PIL) sold its stake in Dream Entertainment Limited to Yes Iyah Limited, the new shareholder indicates that the deal is now wrapped up and all…
Category: Business & Economy
Partnership is important
MARCH 30, 2023, marked a significant day in the life of family-owned businesses (FOBs) in Jamaica. After 33 years at the helm, the founder of one of Jamaica’s outstanding and high-performing FOBs ‘passed…
5 Reasons To Have WhatsApp Business
WhatsApp is the #1 communication platform around the world that boasts over two BILLION monthly active users, far ahead of second place Facebook Messenger at 1.3 billion monthly active users. Since it is…
Consumers facing second-round interest rate hike on loans
Consumers are set to pay more out of pocket to service their existing loans as different financial institutions adjust their interest rates on existing variable rate loans and on the headline rates for…
VM Group supports SMEs
THE VM Group is making establishing a small business easier while fostering its growth by launching a suite of new business services. In its first phase is a business operating savings account for…
VM Innovations readies new digital solutions
As the VM Group looks to further charge up operations and feverishly plots new growth post-restructure, the company through its non-financial arm, VM Innovations Limited, is also working to deliver on a number…
VM Group eyes $11-b capital raise
FRESH from the completion of its restructuring, the VM Group — a mutual holding company — has now focused its sights on raising $11 billion in new capital before the end of this…
Derrimon targets high-density areas with online shopping
TARGETING PORTMORE in St Catherine or more online shopping traffic, Derrimon Trading Company Limited subsidiary Sampars is offering that community free delivery of groceries on set days. The company has spent what was…
Island Grill prioritises staff as it enters new growth phase
TANIA Waldron-Gooden, the CEO-designate of Island Grill, said staff development will be her key objective when she takes over the top position in the quick service restaurant (QSR) chain on May 1. Waldron-Gooden…
GK Financial Group invests US$1m in insurance tech
GK Financial Group (GKFS) has set aside US$1 million in the current year to invest in new insurance technologies (insurtech) so as to bolster the operations of its regional insurance companies. Since January…