Myers family sells interest in PriceSmart
Three and a half years after partnering with the Myers family, KFC franchise holders, to bring membership shopping to Jamaica, PriceSmart has bought the remaining stake in the local franchise for US$2.8 million ($182 million) to take full control...

Merger finalised - NIBJ, DBJ combine operations September 1
The long-planned merger of the National Investment Bank of Jamaica (NIBJ) with the Development Bank of Jamaica (DBJ) was completed on September 1, creating a single entity that will wholesale low-cost cash...

Grace merging three companies with Hi-Lo
Nearly two months after GraceKennedy's management shake-up that doubled the responsibilities of two of its divisional heads, the group has decided to merge three of its companies with the struggling supermarket chain, HiLo Food Stores...

Mainland re-enters cement import market with shipment from China
Mainland International, a hardware retailer, re-entered the cement import market Tuesday with a 40,000 tonne shipment from China. The cement won't hit the market for another week, the company said, noting it would "take about eight days for offloading."

Digicel hopes to clear hurdle for Guyana licence month-end - Telecoms group enters Pacific region
Digicel says it expects to clear the final hurdle in two weeks before it moves ahead on plans to build out its GSM network in Guyana, whose laws require the company to face the test of public opinion.

Davies hones in on 'growth and livelihoods'
Dr. Omar Davies, minister of finance, left for Asia Tuesday with two members of his economic team for two rounds of meetings. The minister, accompanied by his financial secretary, Colin Bullock, and director general of the Planning Institute of Jamaica...

Workplace treatment review of Caribbean women needed - Morris
Jamaican-born trade unionist, Lord Bill Morris of Handsworth, United Kingdom, says there is need to examine the possibility of discrimination in the workplace against black Caribbean women. He also recommended a look at recruitment policies....