CDB, EU building capacity in Jamaica to improve export performance

By: Caribbean Development Bank March 23, 2021 Greater food safety is the goal of a new project recently launched in Jamaica by the Bureau of Standards Jamaica (BSJ). The two-year…

Jamaican bank leverages US$35m from IDB for SMEs

From: The Inter-American Development Bank January 29, 2021 IDB Invest, a member of the IDB Group, signed an agreement with JMMB Bank (Jamaica) Limited, which will allow the bank to…

Lotto continues in Jamaica with new partnership

January 26, 2021 International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its subsidiary IGT Global Solutions Corporation (hereinafter “IGT”) has signed a seven-year contract extension with Supreme Ventures…

Adam Stewart Named Executive Chairman Of Sandals Resorts International

Sandals Resorts International has announced Adam Stewart’s appointment as the resort company’s Executive Chairman. Stewart becomes just the second Chairman in the company’s 40-year history. He is preceded by his late Father…

Major resort group teams with Sagicor to raise $125m!

By: Staff Writer January 12, 20201 Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (“Playa”) today announced the pricing of an underwritten public offering of 35,000,000 of its Ordinary Shares, consisting…

Shopping giant to open new warehouses in Jamaica and Guatemala by early 2022

By: Staff Writer December 29, 2020 Shopping giant and warehouse club is proceeding with construction of two new warehouses in Jamaica and Guatemala for a Spring 2022 opening.  PriceSmart, Inc.,…

CariCRIS further lowers the ratings on Mystic Mountain Limited

Below is a release from Caribbean ratings agency CariCris. Further to our rating downgrade effected on July 21, 2020, Caribbean Information & Credit Rating Services Limited (CariCRIS), the region’s credit…