April 14, 2022 AMG Packaging Paper Company Limited (AMG) for the six months ended February 28, 2022 recorded turnover in the amount of $486.81 million, 44% more when compared to $338.40 million the previous year. Turnover for the quarter rose 32% to total $216.81 million relative to $164.54 million the prior year’s quarter. Cost of
April 14, 2022 Global issues that predated COVID-19 have not gone away. At the upcoming Spring Meetings of the IMF and World Bank, one of the central topics will be growing debt vulnerabilities in the world. Debt was already very high before the first coronavirus lockdowns. As the pandemic hit, unprecedented peacetime economic support stabilized
April 13, 2022 With COVID-19 recovery a top priority for the Jamaican government, Prime Minister Andrew Holness has urged the United States to invest more in Jamaica. Holness made the plea during a recent working visit to the United States. His delegation included Minister of Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith, Jamaica’s
April 11, 2022 Express Catering Limited (ECL) for the nine months ended February 28, 2022, reported a 323% increase in revenue to US$9.61 million (2021: US$2.27 million). Revenue for the quarter grew by 223% to close at US$3.48 million relative to US$1.08 million reported for the previous year's quarter. Notably, the company stated, “Total passengers
April 4, 2022 Weekly Picks 11.04.22 JBG Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is,
April 8, 2022 The Bahamas recorded real economic growth of 13.7% in 2021 with economic activity in nominal terms expanding by 15.6%. According to the Bahamas National Statistical Institute Wholesale and retail trade/motor vehicle repairs grew by 17%, Construction (38%), Accommodation and food services (65%) and Transportation and storage (61%). It is not expected that
April 7, 2022 Jamaica is now regarded as one of the world’s fastest-recovering countries, and the Caribbean’s fastest-growing tourist destination, says Minister of Tourism, Hon. Edmund Bartlett. Opening the 2022/2023 Sectoral Debate in the House of Representatives on Tuesday (April 5), he attributed the achievement to the “excellent tactics and polices” that the Government put
April 6, 2022 Remittance inflows exceeded US$3.3 billion for 2021, representing an increase of over US$2.9 billion for 2020. Senator Leslie Campbell, minister of State in the ministry of foreign affairs and foreign trade, revealed the figures at the Global Diaspora Summit in Dublin, Ireland. He noted that the increase in remittances during the pandemic
April 6, 2022 Government Operations Results for February 2022 For the period of April 2021 to February 2022, the GOJ reported Total Revenues & Grants of $602.59 billion, $12.93 billion less than the Government’s projection. This represented an increase of approximately 22.9% relative to the $490.16 billion recorded for the corresponding period in 2021. ‘Non-Tax
April 4, 2022 Weekly Picks 04.04.2022 JMMBGL Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is,
