Caribbean Cream Limited (KREMI) held their fourth Annual General Meeting (AGM) today, highlighting the company’s successful year. Chairman, Mrs. Carol Clarke Webster opened the meeting stating, “we are proud to have completed another successful year. At the end of the financial year our share price increased to $7.48, up by 76%. Our net profit increased
The Mayberry Fishing Team tied with the winner of the Montego Bay Yacht Club 56th International Marlin Tournament for a total of 800 points, placing second for time with the first blue marlin released by Patrick Sleem and the second by our Vice Chairman, Mark Berry. Congratulations on an incredible performance!
Based on estimates from Eurostat, the statistical office of the European Union, industrial prices rose 0.3% in the euro area (EA19) and 0.4% in the EU28. Prices remained stable in July for the euro area while an increase of 0.1% was observed in the EU28. The increase of 0.3% in the euro area was attributed
The Jamaican economy recorded a 0.1% contraction for the second quarter of 2017 compared to the corresponding quarter of 2016 as indicated by the Statistical Institute of Jamaica (STATIN). The decline was attributed to a 3.3% decrease in the Goods Producing industries as the Agriculture, Forestry and Fishing and Mining and Quarrying industries declined. In
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LASCO Manufacturing Limited (LASM) held its Annual General Meeting held today at the Knutsford Court Hotel. Subsequent to the opening remarks by the Executive Chairman, Honourable Lascelles A. Chin and the reading of the auditor’s report, Managing Director, James Rawle made his presentation to shareholders. In his review of the company’s performance last year, the
Lasco Financial Services Limited’s (LASF) Managing Director, Mrs. Hall-Tracey opened her address by highlighting the challenges and successes the company had over the past year and what the company will do to capitalise on opportunities and to meet the challenges. She noted that despite the closure of some outlets due to the lottery scam, the
According to Bureau of Economic Analysis the U.S. economy grew faster than previously estimated in the second quarter, recording its fastest growth since 2015. The growth rate was 0.1% more than the “second” estimate released in August. In the first quarter, real GDP increased 1.2%. However, the report also advised that the momentum probably slowed
The Bureau of Labor Statistics released its unemployment summary for the Metropolitan area today. The report highlighted unemployment rates were lower in August than a year earlier in 323 of the 388 metropolitan areas, higher in 55 areas, and unchanged in 10 areas. According to the Bureau, “Thirty-two areas had jobless rates of less than
Medical Disposable’s Managing Director, Mr. Kurt Boothe began his address by highlighting that "despite the challenging operating environment” the company, through its solution oriented program has completed another year with successful and positive results. Mr. Boothe noted that, “the company had undertaken many changes over the last and current business cycles.” MDS hit a symbolic
