Caribbean

Barita made yet another strategic real estate purchase

Over the last couple of months, Barita has been ramping up real estate purchases on the North Coast. Earlier in the year, they made purchases in St. Mary with the most notable one being Reggae Beach which was purchased...

Wisynco saw a 32 percent boost in profits over previous year

Manufacturing and distribution giant, Wisynco Group Limited (WISYNCO) is currently swimming in a surplus of cash due to a boost in demand and increased business activity. The company saw an increase in revenue which amounts to approximately $4...

Michael Lee-Chin ditches major agriculture project for a more lucrative real estate option

NCB chairman, Michael Lee-Chin is ditching the once ambitious agricultural project which was to be undertaken in Innswood Village, St. Catherine. Over two years ago Mr. Lee-Chin and other investors sketched out a plan to turn the 3,000 acres...

Astronomical Holdings led by Able-don Foote is looking to purchase a stake in iCreate

Astronomical partners are looking to acquire a piece of iCreate Limited. iCreate limited is a skills training organization, it helps in filling in the gap as it relates to digital skills training. So far it seems as if the...

GraceKennedy makes strategic acquisition of another Nova Scotia subsidiary

Grace Kennedy Limited (GK) is acquiring Scotia Insurance Caribbean Limited which is a subsidiary of the overall Nova Scotia conglomerate of companies. The declaration comes a year after GK's procurement of one more Bank of Nova Scotia auxiliary, Scotia Insurance...

Jamaica’s Brain Drain Problem: A Wake-Up Call For Our Leaders

Over the last couple of weeks, there has been a lot of outrage over Jamaica’s brain drain problem which was too evident to ignore at this point. According to a global think tank, which provides business and economic data...

Sagicor is on the verge of Acquiring Canadian insurance firm Ivari

Sagicor Financial Company Limited (SFC) is entering the Canadian protection market in the wake of going into a conclusive consent to obtain center market individual life back up plan Ivari in an exchange esteemed at CA$325 million (US$251.27 million)...

Canopy Insurance is expanding into the individual insurance market

Canopy Insurance has uncovered plans to enter the singular extra security business as soon as the second quarter of the following year. Individual extra security alludes to a life coverage strategy covering a solitary life, rather than bunch disaster protection,...

Rita Humphries-Lewin: A Pivotal Figure In The Shaping Of Jamaica’s Modern Finance

If you travel around Jamaica, you might notice one of those Barita billboards advertising to clients the potential of good returns if they invest with their company. Barita Investments Ltd (BIL) is a vital investment company within Jamaica, recently...

Barita doubles down on real estate with another $1 billion investment

Barita Investments Limited (BIL) siphoned one more $1 billion into MJR Real Estate Holdings Limited in April and June this year. It has begun to offer interest in its property store, its most recent monetary report shows. The lift to...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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