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

Mergers and Acquisitions

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

Dolphin Cove - An amazing attraction

Mergers and Acquisitions

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

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 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.

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

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

Business Strategy

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

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?

Marketing Sponsorship Endorsements

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

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?

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