Carib Cement Limited, in what it has dubbed another milestone achievement, said that in March it manufactured more than 100,000 metric tons of cement — the highest monthly production in recent history.
Pandemic cost restructuring bearing fruit at Paramount Trading
Paramount Trading is reporting that its pandemic cost restructuring exercise is bearing fruit, even though net profits are down 43 per cent over the last three quarters.
Sagicor announces dividend payment to all shareholders
Sagicor Group Jamaica has declared a final dividend of 61.24 cents per stock unit payable on May 14, 2021 to shareholders on record at close of business on April 26, 2021.
Sagicor Group Jamaica has declared a final dividend of 61.24 cents per stock unit payable on May 14, 2021 to shareholders on record at close of business on April 26, 2021.More
Sandals Resorts International says it has welcomed nearly 200 influencers, celebrities, and travel media to its resorts across the Caribbean and hosted several major radio remotes, creating close to 300 million global media impressions in what it described as “an...More
World Bank Group President David Malpass said the bank is concerned about the impact the economic crisis caused by the novel coronavirus pandemic will have on developing nations in the Caribbean.More
Jamaica Producers Group Limited (JP) and Curacao-headquartered reefer shipping operator Seatrade Group have entered an agreement for equal ownership of British shipping company Geest Line Limited.More
WASHINGTON, DC, United States (AP) — The Treasury Department has created a new office to supervise the disbursement of the billions of dollars in relief money authorised by Congress to combat the coronavirus-related recession.More
NEW YORK, United States (AP) — Walmart is moving more of its workers full-time as the nation's largest private employer looks for more ways to attract and retain employees.More
GEORGETOWN, Guyana (CMC) — The US-based oil giant ExxonMobil says it will reduce oil production offshore Guyana by 90,000 barrels daily, noting that it has taken the decision so as to mitigate the formation of hydrates in subsea systems, maintain gas injection and fuel gas to the...More
Jamaica's Transport Authority has reminded potential public transportation service providers desirous of participating in ride-sharing services that they must have road licences and badges to operate these services locally.More
EVEN as other segments of the media and entertainment industry continue to reel from the fallout of the coronavirus pandemic, Phase 3 Productions has instead pivoted and changed its course for the future.More
WITH the Bank of Jamaica (BOJ) ending its dividend moratorium two months ahead of the June timeline, several companies and institutional investors should begin to experience a positive outrun heading into the second quarter even as some firms remain resolute in their decision to not pay...More
Amid all the uncertainty and changes in consumer habits associated with the novel coronavirus over the past year, the pandemic has shifted the real estate market in Jamaica, according to Sifi Studios Jamaica, “the search it, find it” tech solution experts and licensed real...More
The Financial Services Commission (FSC) plans to restructure its operations, improve its supervisory capabilities, and facilitate the expansion of the financial markets.More
Jamaica's Net International Reserves (NIR) is currently running just below the International Monetary Fund's (IMF) March 2021 target of US$3.49 billion.More