TWO YEARS after ostensibly losing its major investor, Proven Investments Limited (PIL), Dream Entertainment Limited indicates that it expects this year to supersede 2019 results. “We are expecting to surpass 2019 numbers in…
Category: Business & Economy
Carib Cement makes record profit in 2022
CARIBBEAN CEMENT Company (CCC), the sole manufacturer of cement in Jamaica, revealed a lukewarm outlook amid making a record $5.3 billion in profit for its December 2022 year-end. The profit haul was 24…
Profiting from ignorance of small businesses
ONE OF the ugly secrets in business is that there are many wealthy and well-established companies, government entities and organisations that are profiting handsomely from the ignorance of small business owners, who in…
International arrivals to Caribbean show impressive growth
FLORIDA (CMC): THE CARIBBEAN Hotel and Tourism Association (CHTA) says international arrivals to the Caribbean for the first two months this year are behind by only one per cent when compared to the…
CAC 2000 strikes partnerships to fix losses
FACED WITH a first quarter loss and peaks and troughs in its revenue flows, air conditioning company, CAC 2000 Limited, has struck a deal with Real Marketing out of Trinidad and Tobago to…
Stock market loses $5 billion on Monday
THE JAMAICA Stock Exchange, JSE, now hovers at just above pandemic lows following its slide on Monday that wiped out $5 billion in market value. Suffering its biggest day of losses in at…
SVREL cranks up digital strategy
GAMING AND entertainment company, Supreme Ventures Racing and Entertainment Limited (SVREL), is upping the ante with its digital strategy, while moving to top a record 2022. The company has digital innovations such as…
Russia: West must remove obstacles to its grain exports
ANKARA, Turkey (AP): RUSSIA MAY pull out of a wartime deal that allows the export of Ukrainian grain to global markets, if the West fails to remove obstacles to Russian agricultural exports, Moscow’s…
Tesla cuts prices on all models
DETROIT (AP): TESLA CUT prices on its entire United States electric vehicle model line-up for the third time this year, in an apparent effort to lure more buyers amid rising interest rates. The…
