Future Energy Source Company Limited (FESCO) has acquired a liquified petroleum gas business, Wilson Beck LPG Limited. This deal comes against the backdrop of strong numbers posted by the gas station company for the quarter that ended December 2022...
GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector.
The new company will be branded...
FESCO has yet again shown that it has solid growth potential as it yet again beats analysts' estimates and had its best quarter ever.
For the third quarter that ended December 31, 2022, the company recorded operating profits of J$155.59...
As the AI market continues to heat up against the backdrop of ChatGPT last year, we are starting to see an array of startups entering the scene specifically in the natural language space.
ChatGPT was the inflection point that...
Noble Group Holding Limited (NHGL), which is an asset holding company based in Hong Kong is on the verge of offloading General Alumina Holdings assets to a third party through a call option. A deal to sell its 55%...
Sagicor Real Estate X Fund had a difficult year through the period of 2022. Specifically, a significant portion of the losses is because of poor results from financial assets and liabilities. The figure for liabilities and financial assets for...
Over the last couple of years, we have seen GraceKennedy steadily pivoting into new directions. As the world around them starts to change, they are now finding new ways to adapt, expand and provide value to both existing and...
Norbrook Realty Limited is on the verge of investing approximately US$75 million in a group of real estate projects at various locations within Jamaica. These projects will be mainly luxury commercial and residential properties. A commercial tower will be...
Digicel is yet again pleading to investors to sort out debt issues as the company is yet again in the midst of a stark financial situation. The valuation of the bonds that the company needs to repay by March...
Seprod Group had a stellar December fourth quarter where they beat analysts' estimates. Net profits for this particular quarter grew by 314%, which is an increase of J$916 million.
Revenues for the period grew by 122% to a figure of...
