Published:Thursday | September 8, 2016 | 12:00 AMNeville Graham
Finance Minister Audley Shaw has declared open season on those who continue to evade Customs or otherwise smuggle illicit goods on to the market.He says the...
Published:Monday | September 5, 2016 | 12:00 AMNeville Graham
Foam manufacturer Free Form Factory Limited is turning waste into cash through exports to China.The first-ever shipment of scraps of expanded polystyrene styrofoam - EPS - left Jamaica on Friday, amounting to 10 months of accumulated waste."We...
Published:Friday | September 2, 2016 | 12:00 AMNeville Graham
The Jamaica German Automotive School (JAGAS) says it is now in a position to deliver world-class graduates, and if necessary, deliver that service to public clients. They took the wrappers off a state-of-the-art autotronics Laboratory on Tuesday at...
Published:Friday | August 26, 2016 | 12:00 AMNeville Graham
National Commercial Bank (NCB) is partnering with Amber Connect Limited (ACL) to offer a payment plan to purchase smart vehicle security products.ACL has been in the market with technology to track vehicles in real time through the IOS and Android...
Published:Friday | August 26, 2016 | 12:00 AMNeville Graham
The executive of the National Drag Racing Circuit (NDRC) is distancing itself from recent television reports of tyres offering a breeding ground for mosquitoes at Vernamfield in Clarendon.Executive member of the NDRC, Stephen Gunter, said, "We only...
Published:Friday | August 26, 2016 | 9:44 PMNeville Graham
Senior Manager for tax at KPMG Jamaica, Denzil Whyte, is downplaying concerns that tax refunds to which employees are entitled under the Government's revised personal income tax threshold will be problematic for employers, in that it would affect...
Published:Wednesday | August 24, 2016 | 12:00 AMNeville Graham
Local brewery Red Stripe Jamaica is looking to double local beer consumption by 2019.Managing Director Ricardo Nuncio says he is convinced the goal is...
Published:Friday | August 19, 2016 | 12:00 AMNeville Graham
Fast-food franchise Popeyes Chicken is in expansion mode with the opening of a new outlet in Portmore this month, and plans for three more stores this year alone.Brand manager Richard Dunn also indicated that there is more to come next year."Before...
Published:Thursday | August 18, 2016 | 12:00 AMNeville Graham
A new Jamaican company, Olive International Investments Limited, is attempting to corner a piece of the local wine market by specialising in the distribution of Spanish wines.Olive International's main business targets are local Spanish hotels, to...
Published:Tuesday | August 16, 2016 | 12:00 AMNeville Graham
Jetcon Corporation has invested heavily in new inventory, signalling buoyancy in the used car market.As the company positions to sell more autos, its bottom line is also expanding with a near doubling of net profit to $23 million in the June quarter...
Published:Friday | August 12, 2016 | 12:00 AMNeville Graham
None of the top drivers managed to totally dominate the Total Independence of Speed Meet at Dover Raceway, St Ann, last Sunday. The fair-sized crowd was treated to one win each from the big three - David 'King' Summerbell in his Mitsubishi Evolution...
Published:Friday | August 12, 2016 | 12:00 AMNeville Graham
The frustration at the Sunday, July 24, meet is nearly forgotten, and on Tuesday, drivers got a chance to relive some of the Vernamfield thrills at the awards presentation for the Supligen Drag Racing Challenge #3 at C...
Published:Tuesday | August 2, 2016 | 12:00 AMNeville Graham
The 18 per cent spike in annual profit reported by Paramount Trading Jamaica was partly due to a new service it began offering last year, according to managing...
Published:Thursday | August 4, 2016 | 12:00 AMNeville Graham
Managing Director of Red Stripe Jamaica, Ricardo Nuncio, says by year end the Jamaican brewery would have doubled production capacity, dedicating more to exports...
Kingston and vice versa or wherever it may be," Stewart said.Both Hertz and Avis have long operated in Jamaica, but the partnership with ATL will represent Enterprise Holdings' market entry. One of the agencies, National, previously operated in...
Published:Wednesday | July 27, 2016 | 12:00 AMNeville Graham
Hawkeye places $31m bet on TrinidadNeville GrahamBusiness ReporterNumber two security outfit Hawkeye has started to expand operations into the Caribbean with the opening of its first overseas office in Trinidad, on which it has spent $31 million....
Published:Thursday | July 28, 2016 | 12:00 AMNeville Graham
Jamaican conglomerate ICD Group Holdings has taken a minority stake in Amber Connect Limited, a provider of vehicle tracking and security solutions for both consumers and large...
Published:Tuesday | July 26, 2016 | 12:00 AMNeville Graham
Portland JSX Limited (PJSX) invested a further US$950,687 in Portland Caribbean Fund II during the quarter ending May. PSJX Managing Partner Rob Almeida said the money was used to complete Fund II’s US$12.6 million investment in Clarien Bank...
Published:Saturday | July 23, 2016 | 12:00 AMNeville Graham
A seven-man team will represent the Reggae Racers at the Wallerfield International Circuit in Trinidad in the second installment of the Caribbean Motor Racing Championship (CMRC). There are four drivers and three riders making up the team.The...
Published:Wednesday | July 13, 2016 | 12:00 AMNeville Graham
Aiming to nudge inventory out the door and into the hands of car buyers this summer, ATL Automotive has partnered with First Global Bank on a financing programme that...
Published:Tuesday | July 12, 2016 | 12:00 AMNeville Graham
National Commercial Bank Jamaica (NCB) is offering customers a break on interest rates for big-ticket purchases.Credit card holders spending $100,000 or more on a single transaction will be given three months to a year to pay for the specific...
Published:Monday | July 11, 2016 | 12:00 AMNeville Graham
GraceKennedy shareholders approved a three-for-one stock split on Monday to be executed on August 11. The stock has climbed from $81 per share since the start of the year to as high as $125. The recent spike in the trading price followed the...