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Peak Bottling, Kingston Hub end distribution partnership

Peak Bottling Company Limited, bottlers of Catherine’s Peak pure spring water, has taken back full control of the distribution of its product, ending the partnership with Kingston Hub Distributors. The new arrangement took effect July [...]

Salaries for finance, operations executives rival CEO pay – Peak for finance $19m, for CEO $32m – PWC survey

Despite a vast disparity in individual pay packets, Jamaica’s finance and operations managers are among the best paid company executives, according to the most recent PricewaterhouseCoopers (PWC) salary survey which estimates that compensation [...]

VMBS restructures branch network

Victoria Mutual Building Society (VMBS) has revised its operational structure, adding a new regional layer to, the mortgage provider said, drive efficiencies throughout its branch network nationwide. Eventually too, the society plans to go paperless… Continued [...]

S&P downgrade signals ‘deficiency’ of economic team – Davies

Opposition spokesman on finance Dr Omar Davies said Thursday that the downgrade of Jamaica’s credit rating by Standard & Poor’s, highlights “clear deficiencies” in the management of the economy. S&P on Wednesday [...]

US$12m rum investment

National Rums of Jamaica Limited (NRJ) is pouring US$12 million (J$1.07 billion) into its distillery in Clarendon to add capacity, but also position the company, if it chooses, said manager Evon Brown, to develop new branded rums… Read [...]
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