THE cries of restaurateurs to find and keep hospitable employees have rung the ears of at least one restaurant rater and reviewer. “Sometimes I can’t even put out a review, even if the…
Category: Business & Economy
FosRich unveils Pinnacle 2027
FOSRICH Limited has unveiled its new mission plan dubbed “Pinnacle 2027” in which the company intends to sextuple its revenue to $20 billion and net profit to $2 billion through a range of…
Consolidated Bakeries focuses on local market
CONSOLIDATED Bakeries Limited (CBL) has taken the approach of working locally in order to grow its exports. While other companies are now looking to boost exports and penetrate global markets as a way…
FosRich rights issue delayed by SSL, offer pending this month
The rights issue planned by electrical lighting company FosRich has been held up for the three months while the company’s financial advisers try to clear a path for a particular block of owners,…
KLE chairman lays out new direction
In the midst of transition, KLE Group is currently a company without core income. But in an in interview with the Financial Gleaner this week, Chairman David Shirley says the company that began…
Regulator accuses Amazon of trickery over Prime membership sign-ups
The Federal Trade Commission of the United States sued Amazon on Wednesday for what it called a years-long effort to enrol consumers without consent into its Prime program and making it difficult for…
Gas prices down $0.25, diesel up $0.25
Motorists will pay $0.25 less for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $170.20 per litre and a litre of E-10 90 will sell for $173.73….
CDB head urges countries to ‘share to grow’
GROS ISLET, St Lucia — President of the Caribbean Development Bank (CDB) Dr Gene Leon yesterday called on countries across the region to forge greater partnerships in order to fast-track their holistic and…
Crunch time for Portland’s Merqueo investment
Robert Almeida, manager of investment fund Portland JSX Limited, thinks that its multimillion-dollar financing of fast-growing online grocer Merqueo might go to nought, following the lapsed initial public offering, which would have provided…
Lasco Manufacturing hunting acquisitions
Despite growing revenue by 19 per cent to surpass the $11-billion market for the first time, Lasco Manufacturing Limited (LASM) is still seeking potential acquisition opportunities as it expands its product range and…