GWEST continues to cut its losses
In explaining the rise in revenues, the management pointed out that, “during the period we completed the build out of…
GWest records profit but still disposing of investment properties
GWest had its investment properties revalued in March, which resulted in the substantial gain. This also benefited the company as it…
Hi-Lo enters online grocery market
The Hi-Lo Food Store supermarket chain has formally entered the online grocery market space bearing goodies, in the form of…
First Global expands agent location to boost financial inclusion in rural parishes
First Global Bank (FGB) Limited recently expanded its agent network with the addition of two First Global Money Link (FGML) locations…
GK paying $1.1b for SIECL, Wehby takes the chair
Food and financial conglomerate GraceKennedy Limited has paid over $637.7 million for the acquisition of Scotia Insurance Eastern Caribbean Limited,…
GK grows quarterly earnings by a third
“GraceKennedy will be launching two financial-service digital products and Hi-Lo’s e-commerce website, by the end of September.” “The launch of…
GK TARGETS MORE MERGERS AND ACQUISITIONS
GraceKennedy is finalising six mergers and acquisitions, which should be consummated by year end with others on the horizon, GraceKennedy…
Dolphin Cove raises its outlook
Dolphin Cove Limited, which runs a key tourist attraction, expects its fourth quarter to have a seven-fold rise in cruise…
CPJ uncorks new income streams to stem losses
The Montego Bay expansion from 1,200 to 6,000 square feet of retail space, will cater to what is regarded as…
Continued improvement in tourist arrivals
Stopover visitor arrivals to Jamaica jumped 39.5 percent to 970,435 for the first nine months of 2021, from 695,721 in the…