Caribbean

Access Financial sees a 26% dip in net profit

The company saw a 26 percent dip in net profit for the first 6 months of their business year ending September 2022. Net profit after tax amounted to $133 million JMD compared to $180 million for the same time a...

Mailpac looks to expand despite post-pandemic challenges

Courier company Mailpac Group Limited (MAILPAC) will be ramping up investments and introducing a new stream of services over the upcoming year. This comes off the backdrop of a slight decline in revenue. This was and still is largely...

Cari-Med has eyes set on a possible upcoming IPO

Leading pharmaceutical distributor Cari-Med has been in the early stages of possibly bringing the company public on the Jamaica Stock Exchange (JSE). One of the major reasons so far has already been hinted at by Chairman Glen Christian and it...

The rise of indie-tourism in Jamaica

Over the last 5 years, we have seen an acceleration of indie-tourism in Jamaica. This is mainly due to the internet and the fact that individuals from different walks of life in Jamaica can showcase their lifestyles by doing...

Seedja: Taking the hassle out of attaining a financial service

Seedja is a software application that is looking to bring financial services to a much wider audience. They are looking to bring it to an audience that might never have had the chance to attain a loan from the...

StarLink starts operation in Jamaica

StarLink which is a company developed by Elon Musk and his team to bring low latency and high-speed broadband internet access to the world has started operations in Jamaica. Reports have been swirling around the media for some time...

WiPay’s long awaited IPO is set for January 2023

WiPay, a growing digital payment portal in the Caribbean that originated in Trinidad and Tobago, is finally setting the stage for its long-awaited IPO on the Jamaica Stock Exchange (JSE). This is a very important step in the company’s...

1834 is on the verge of being delisted from the JSE

1834 Investments (1834) is on the verge of being dissolved and wiped away from the stock market. RJR will soon be the owner of all 1834 shares, and the company’s presence on the stock will be suspended effective October...

Proven purchases the remaining shares of BOSLIL Bank

Proven Group Limited (PROVEN), has finalized the purchase of the remaining shares of its St. Lucian subsidiary, Bank of St. Lucia International Limited (BOSLIL). BOSLIL came under the proven umbrella in 2017, when they purchased 75 percent of the company....

Mayberry Investments looking to raise $1.2 billion from the bond market

Mayberry Investments is looking to raise $1.2 billion from the bond market with the ability to increase to $5 billion from the public bond market. This is set to open between October 28 – November 28. The corporate bonds will...
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Latest News

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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