SVL takes on new gaming partner

Supreme Ventures Limited (SVL) has taken on a new business partner, which will manage what the company refers to as its new 'route gaming system' now being tested in select locations.

Proven sells AMCL loan portfolio to Access

Proven Investments Limited has sold the loan portfolio of its hire purchase subsidiary, Asset Management Company Limited, to Access Financial Services for $500 million, a move aimed at consolidating the operations of both companies, says Proven's chief...

Amaterra seeks contractor general intervention in casino resort bids

Keith Russell, a principal in Amaterra Jamaica Limited, has asked the Office of the Contractor General (OCG) to weigh in on the process being used to select casino investors following another rejected effort last November to put his project back in contention.

Gov't to seek extension to reduce wage bill

The government will be seeking permission from the International Monetary Fund (IMF) to extend the deadline for a reduction in the size of the public sector wage bill to nine per cent of gross domestic product (GDP).

Foreign markets boost GraceKennedy revenue to $78b

GraceKennedy Limited has racked up a new record year for revenues, but large expenses linked to inventory and other costs of doing business, plus a larger salary bill, have squeezed the conglomerate's profit margins.

Time for Jamaicans to invest in business - van Selm

Bert van Selm, the resident representative for the International Monetary Fund (IMF), says that with improving economic fundamentals, it is time for Jamaicans to step up and invest more in business.

JMMB eyes capital markets as sweet spot

With local companies looking around for cheaper financing, Jamaica Money Market Brokers (JMMB) said on Monday that it has started the year with several planned transactions in the works.

Bahamas moving towards universal health care

The Bahamas government is moving ahead with a plan to provide all nationals, regardless of their financial means, with access to universal health care.

BlackBerry stakes future on software, launches four smartphones

BlackBerry may be launching four new smartphones over the coming year, but the struggling company is staking its future on becoming a giant in software.

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