With the recent DBJ Venture capital conference, there has been renewed interest in the venture capital market in Jamaica, and a lot of effort is behind the establishment of same. In her weekly Sunday Gleaner column, Yaneek Page considers the Good, Bad And Ugly Sides of Venture Capital, a must read for those who want to quickly get up to speed with what’s at stake. Continue Reading
It may have missed a lot of us. It certainly missed me, until a friend asked me if I heard the story about On the Ground News Reports touting a J$200 million (US$2 million) valuation, based on future earnings. Continue Reading
Montego Bay-based furniture maker Mekyah Manufacturing is looking to export in the region.
The company also plans to triple its workforce, moving from 20 employees to 60, by year-end.
Established in 2011, Mekyah manufactures a wide variety of stylish, high-quality furniture, Including modern outdoor daybeds, dining sets, sofa and seating sets, and bar sets at its 8,000-square-foot-state-of-the-art facility located in the Montego Bay Free Zone.
The directors, include Rita Humphries-Lewin, chairman of Barita Investments; Carlton Barclay, deputy general manager, Jamaica National Building Society; Vanceta Ramsay, an investment banker; and Leesa Kow, general manager, Jamaica National Money Services, attorney Gordon Brown, and himself.
Plans to Operate as a Standard Airline
The Jamaica Observer reports;
NEW local airline company Fly Jamaica will make its first commercial flight on January 25 — from the Norman Manley International Airport in Kingston to JFK Airport in New York. Continue Reading