itel Celebrates Grand Opening of its New Site in Kingston, Jamaica

May 31, 2022 itel, an award-winning customer experience provider founded in Jamaica, celebrated the grand opening of its newest site located on Chalmers Avenue in Kingston with an event held on May 25. Next…

PROVEN Wealth Management looking for more opportunities in the Caribbean after US$20m Bahamas housing PPP!

By: Staff Writer May 17, 2022 A PROVEN regional financier said that they are looking for more opportunities around the Caribbean as they ink $20m deal in The Bahamas. Johann…

Jamaica’s SEPROD buys over TT distribution company A.S.Bryden

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com May 6, 2022 Jamaican based company, Seprod Limited, will acquire Trinidad and Tobago owned distribution company A.S. Bryden and Sons. The company announced an agreement had…

CariCris issues highest credit rating to Sagicor Life Jamaica Limited.

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com April 15, 2022 JmAAA, the highest credit rating to be issued on the Jamaica National Scale has been awarded to Sagicor Life Jamaica Limited (SLJ or…

Award winning Jamaican manufacturer to break US and Brazil market by year end!

By: Staff Writer April 8, 2022 Certifications are what is needed for this award winning Jamaican company to break the United States, Brazil and wider Caribbean markets with their Lifesavers…

Is The Caribbean Ready For The Future Of Work: TechCon 2022 to examine digital readiness

April 5, 2022 Jamaican IT services company tTech Ltd will host the TechCon business and technology conference next month on Tuesday, April 12 and Wednesday, April 13 with the theme…

IDB Supports Jamaica’s Strengthening of Policy, Fiscal Management COVID Response

March 11, 2022 Jamaica will strengthen the public policy and the efficiency and effectiveness of fiscal management to address the health and economic crisis caused by COVID-19, with a $100 million loan approved…

A new industry-wide approach to promoting female employment

by Fernando Pavón – Julaire Hall  March 1, 2022 As countries keep struggling to overcome the effects of the pandemic, women continue to be among the most affected – both at…

Jamaica Works to Maintain its Hard-won Economic Stability

IMF Western Hemisphere Department February 22, 2022 Prior to the pandemic, Jamaica had successfully stabilized the economy, turning a fiscal deficit of 11 percent of GDP in 2009 into a 1…

JMMB GROUP MARKS J$8.82BN GROWTH DESPITE LOCKDOWNS: Marks launch of Digital suite of products

By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 The JMMB Group Limited posted a net profit of J$8.82 and earnings per share of J$4.23 for the nine months ending December 31,…

IMF Executive Board Concludes 2021 Article IV Consultation with Jamaica

February 18, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the 2021 Article IV consultation [1] with Jamaica. In the decade preceding the pandemic, Jamaica made good progress to…

Jamaica-based Private Equity Firm Takes 26% Stake in My Ocean, ‘Hand-made in The Bahamas’ Soaps, Candles & More

February 8, 2022 A Bahamian company that started with a few hand-made soaps and a cultural vision is going into expansion mode, moving into spacious manufacturing headquarters and expanding staff and…