Business Strategy

Analysis and news on business direction and strategy

Sandals Resorts Looking To Build 3 to 4 Hotels A Year. Biggest Expansion In Its History

Sandals CEO Adam Stewart told Bloomberg News that the hotel chain is on an expansion drive and is currently seeking help from international banks to finance this growth. Continue Reading

Business Strategy

Kier To Exit Caribbean Business. Cites ‘Portfolio Simplification’

Construction firm Kier will take a £73m hit in its full-year results after taking the decision to close its Hong Kong and Caribbean businesses, it revealed late June 2017.

The firm is set to close its Caribbean business following the agreement of a final account with an unnamed client on what Kier called “a challenging project”, which is expected to complete “within the next three months”.

In total, the closure of the Caribbean business will have cost Kier £79m, including £23m last year and £56m this year.

Kier said that the moves to close the businesses fit into a wider programme of “portfolio simplification” that it has undertaken since the middle of 2015. This has resulted in it concentrating more on its regional building, infrastructure and housing projects.

Source: Telegraph

Business Investments

AT&T To Buy Time Warner (Incl. WB, TNT, HBO, CNN) For US$80 Billion

As internet customers vie for cheaper online alternatives, internet service providers are courting media companies to own some of the content delivered on their network…in a bid to remain competitive. A merger would come at a pivotal time in the … Continue reading

Mergers and Acquisitions

Dolphin Cove, Jamaica’s First Tourism Junior Market Listing, Merges With Mexican Company

On Wednesday November 18, 2015, when over J$3 billion was exchanged for 229.7m Dolphin Cove shares, it became very obvious that a major move had been made for the Jamaican-born tourism company. The only person capable of making such a … Continue reading

Dolphin Cove - An amazing attraction

Mergers and Acquisitions

Heineken To Takeover, Delist Desnoes & Geddes Ltd. Bye Bye Red Stripe.

Desnoes & Geddes Limited, makers of Jamaica’s famous Red Stripe Beer is being taken over by Heineken International as they now have a controlling stake in the company. Diageo (headquartered in London) which had a controlling stake in the company … Continue reading

Red Stripe Beer

Bulletin, Mergers and Acquisitions

Digicel Throws The First Punch Against Google, Yahoo & Facebook by Blocking ALL Online Ads

by hunterseakerhk

If everything goes as planned, Digicel will soon be blocking all ads by big online advertising networks such as Google, Facebook and Yahoo, across all its markets in the Caribbean.

Digicel argues are that

  • the advertisements are a strain on their network,
  • ads slow down the experience for people on their network and as such they want to provide the best experience by reducing the need for a lot of these ads to load, and
  • they would also be helping their customers as these ads use as much as 10% of a customer’s data plan. Wow. Continue Reading
Business Strategy

Sagicor X Fund Raising J$4.2b (US$35m) To Acquire Convention Hotel In Florida

Sagicor Real Estate X Fund Limited is pleased to announce that it proposes to undertake a rights issue of up to 598,134,700 new ordinary shares on the basis of two (2) new ordinary shares for every five (5) ordinary stock … Continue reading

Sagicor Financial Corporation

Mergers and Acquisitions, Stocks / I.P.O.s

Heavy Weight Group Bids For Kingston Airport – Grupo Puntacana, Jamaica Producers & GB Group

Air Jamaica - Soaring to new heights

Jamaica’s Norman Manley International Airport, based in Kingston is being divested by the government. The airport is currently going through a bidding process and a heavy-weight group of investors are one of the forerunners to run the airport. Continue Reading

Mergers and Acquisitions

Sagicor Nabs Its 4th Hotel. First In The Tourism Capital

Sagicor Financial Corporation

The Sagicor Group, through it’s Sagicor X Fund subsidiary has made another real estate acquisition. Sagicor, which currently owns 3 hotel on the north coast and are in the process of developing a mega water park project, have now added a major coup to their real estate arsenal. Continue Reading

Mergers and Acquisitions

Proven Investments Buys First Global Financial Services Ltd For Over J$3 billion. Will Change Its Name.

The GraceKennedy Group CEO, Don Wehby, has announced that subsidiary, First Global Holdings Limited (FGH), has entered into an agreement dated April 24, 2014 for the sale of its 100% shareholding in First Global Financial Services Limited (“FGFS”) to Proven … Continue reading

Proven

Mergers and Acquisitions

US$19 Billion, Too Big To Understand. Facebook/WhatsApp Acquisition

Techcrunch reports that ‘Facebook is purchasing messaging giant WhatsApp for $16 billion in cash and stock, according to a regulatory filing. The deal is being cut for $12 billion in Facebook shares, $4 billion in cash and an additional $3 billion in restricted stock units (RSUs) for employee retention.’ Continue Reading

Mergers and Acquisitions

When Companies Try To Trick You. How To Spot Those Extra ‘Special’ Offers

Special Offers – Why Are We So Skeptical? Digicel called me twice this week to make me an extra special offer, about a postpaid plan created specially for me. 😮 Wow, I thought. How sweet. My mobile phone company is … Continue reading

Why are customers so skeptical?

Business Strategy, e-Update

Arsenal Kicks Nike To The Curb. Signs Lucrative Deal With Puma

 

Popular Caribbean sports brand Puma is continuing to boost its international reputation. They have just signed a lucrative marketing deal with Arsenal, one of the top sporting clubs in the world.

CNN reports that ‘Arsenal came eighth in the annual money table of the world’s richest clubs published last week by business firm Deloitte.’

This new deal with Puma will end the club’s association with Nike. Continue Reading

Business Strategy, Marketing Sponsorship Endorsements

Jamaica Stock Exchange Welcomes BCW As 12th Member Dealer

On Monday, December 16, 2013, The Jamaica Stock Exchange welcomed BCW Capital as the second broker member to have been approved to commence trading activities in 2013. As a member dealer, BCW Capital is authorized to trade securities on the … Continue reading

Business Strategy

C2W Begs For Patience Amidst Concerns About Low Cashflow And Rapidly Falling Share Price

After grave concern from investors, about its ability to sustain itself and for how much longer, C2W has responded in a bid to ease those concerns. I think it’s time. In fact, they probably should have responded a long time … Continue reading

Caribbean 2 World (C2W) Music Limited

Business Strategy

E-zines, Online Magazines Or Whatever You Want To Call It. Trend, Or Will It Soon End?

A few days ago I noticed that Tastee, a leading Jamaican patty company (ok they do sell more than patties, but I’m sure you can identify), released the 2nd edition of their online e-zine / magazine. After checking it out … Continue reading

Marketing Sponsorship Endorsements

Remember The Voice Backlash? Watch This Video As Digicel And TVJ Proudly Annouce Bringing It To Local TV!

Inundated with calls from all over about whether Jamaicans could participate and support their own Jamaican sister, Tessanne Chin, Digicel quickly sprang into action, rolled up its sleeves and flexed its muscle to see what it could do to help … Continue reading

TVJ Announces Rights To The Voice - Live on TVJ

Business Investments, Sports, Entertainment, Culture

Sliced Bread Marketing Strategy. Ads On Food Packaging, Hot Or Not?

I recently found it both interesting and innovative for the National, makers of hard dough sliced bread to up the ante once more with event advertisements on the packaging of the bread aka the bread bag. I think this is … Continue reading

Branded sliced hard dough bread with advertisments

Business Strategy, Marketing Sponsorship Endorsements

US$500,000 Investment To Transfrom Skateland Half-Way Tree By Rainforest Seafoods

Talk about big business! Fish Pot restaurant, a wholly owned subsidiary of Rainforest Seafoods, has rented property in the heart of Half-Way Tree formerly known as Skateland for its second seafood-oriented quick-service eatery. Continue Reading

Business Investments, Business Strategy, News Ticker

Coconut Water Energy Drink?! Guyana May Be On To Something.

Yes it’s true. Foreign investors are checking out the possibility of importing coconut water from Guyana into the United States as part of what could be a new energy drink. Continue Reading

Business Investments, News Ticker