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Jamaica Business News, Economy, and Financial Sector Information

Supreme Court resumes hearing on compensation for Lasco/Medimpex

Sunday, January 22, 2017


The hypertension drug case resumes tomorrow 

The Supreme Court is scheduled to resume hearing statements from witnesses for pharmaceutical giant Pfizer in the hypertension drug case involving Jamaican distributors Lasco and Medimpex tomorrow at King Street. Justice Viviene Harris is expected to hear further evidence from Ronald Camps, a former financial director at ...more





Conduent to shutter Amazon unit, redeploy workers

Sunday, January 22, 2017

The Business Processing outsourcing (BPO) arm of Xerox International, a division which has been rebran ded Conduent, is set to send home or redeploy approximately 1,000 workers over the coming months as it shutters a unit which provided back office ...more

JMMB focuses on ‘Her Wealth’

Sunday, January 22, 2017

Jamaica Money Market Brokers (JMMB) aims to cement its place as the financial partner of choice for women with its newest product offering, JMMB Her Wealth. In launching what it describes as the first of its kind on the market, the investment instit ...more

Association of Financial Professionals looking to expand in Jamaica

Sunday, January 22, 2017

The Jamaica Association of Investment Professionals (JAIP) indicated this week that it is seeking to add to local membership 36 individuals with the Chartered Financial Analyst (CFA) credential — a level of professional certification considered ...more

If you don’t love yourself, how will your money love you?

Sunday, January 22, 2017

Perhaps you struggle with money issues and are bewildered as to why, no matter how hard you work, you cannot get ahead. Perhaps you think that people are out to get you or there is some real blockage in your life why financial freedom, better pay, a ...more

SLB reconsiders position on student affected by stroke

Sunday, January 22, 2017

Dear Claudienne, I am writing you to seek information about Students’ Loan Bureau (SLB) repayments. I was a student at the University of Technology Jamaica (UTech). However, on September 16, 2015, during my final semester of school I suffered ...more

Fewer Jamaicans seek to buy home, car

Sunday, January 22, 2017

While consumer confidence remained more favourable throughout 2016 than in any other year since 2001, pollster Don Anderson has expressed concerns about lower intentions among Jamaicans to own a home. In the recently released survey of business and ...more

New Cemex offer still not good enough — TCL board

Sunday, January 22, 2017

Along with the disclosure that some of the company’s directors and officers have decided to accept the upgraded offer per share for units in Trinidad Cement Ltd (TCL), the board of TCL has issued a new circular advising shareholders to reject ...more

Hinduja Global Solutions seeks 500 workers for new location

Sunday, January 22, 2017

Hinduja Global Solutions Limited (HGS), business process firm, on January 18 officially opened its fourth customer experience centre on Constant Spring Road in Kingston. “We’re happy to share that we have invested in 80,000 sq ft for the ...more

Parliament aproves another IFC bill

Sunday, January 22, 2017

The Senate on Friday passed the International Corporate and Trust Services Providers Bill, 2016 moving Jamaica closer to establishing itself as an international financial centre. The Bill is considered one of the final pieces in Minister of Finance ...more

Main Event Entertainment launches IPO ­

Sunday, January 22, 2017

Main Event Entertainment Group Limited (MEEG), a Kingston-based event management company, has launched an IPO via the Jamaica Stock Exchange (JSE) aimed at raising $120 million in share capital. The company has offered for subscription up to 60,000, ...more




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