With an ambitious US$300-million target of originations over the next three years and insatiable demand from companies, Sygnus Credit Investments Limited (SCI) is looking to return to the capital markets in a bid…
Omni Industries eyes regional expansion
Local plastic and PVC products manufacturer Omni Industries Limited (Omni) will be moving to expand into the burgeoning Central American market and has engaged NCB Capital Markets Limited (NCBCM) as financial advisor to…
EU auto waiver ‘here to stay’
The zero customs duty now applied to motor vehicles originating from within the European Union, is the culmination of a 10-year process to phase out the taxes, Finance Minister Nigel Clarke said on…
EFresh reorganises operations, earnings jump near 400%
Food distributor Everything Fresh Limited, EFresh, has shifted a sizeable portion of its inventory from its headquarters in Kingston to Bog Walk, St Catherine, in a restructuring exercise that’s aimed at driving down…
Cumax to arrange cross-listing of music rights firm on JSE
Cumax Wealth Management Limited will provide advisory services to American company Music Licensing Inc on its path towards a cross-listing on the Jamaica Stock Exchange by July. Music Licensing is a small music…
New owners to incorporate Jamalco in hunt for capital
The partners in Jamalco refinery in Clarendon want to refocus on incorporating the alumina company prior to approaching the capital markets for financing. The plan is to do so before starting new investment…
Corinaldi Lifts INSPORTS Track Title
Corinaldi Avenue Primary lived up to their mantra ‘Home of Champions’ when they waltzed into St. Elizabeth and strolled away with the INSPORTS Western Primary Championship, winning back-to-back titles. Both the male and…
Jamaica Could Become a Powerhouse in the Beauty Industry
International Business Development Executive P. Falasha Harrison believes that Jamaica is sleeping on its potential in the global Beauty and Wellness Industry. That, as a country, we need to carve out a niche…
Hanover to Mark 300th Anniversary in Style
A slate of events is being planned to celebrate the 300th (tercentennial) anniversary of Hanover’s incorporation as a parish. Deputy Mayor of Lucea and Co-Chair of the Planning Committee, Councillor Andria Dehaney-Grant, made…
Manchester fraud trial ringmaster mounts appeal, wants acquittal
SANJA Elliott, the former deputy superintendent of roads and works at the Manchester Municipal Corporation who was in 2020 sentenced to five years behind bars at hard labour for being the “ringmaster” in…