Sun | Feb 19, 2017

Business

The Jamaica Bankers Association (JBA) is suggesting that customers would be better off selecting a long-term savings or investment product offered by their banks, rather than leaving the funds idle in a regular savings account.Over time, such idle...

Power utility boss Kelly Tomblin views Softbank's acquisition of Fortress Investment Group, to which New Fortress Energy is affiliated, as positive for furthering plans to build out gas facilities in Jamaica,American company New Fortress Energy is a...

Director of Shaw Park Hotel, Ernest Smatt, says the property is not for sale despite a recent listing on Meldam Realty's website, which noted a price of US$35 million.Smatt said he had not approved the listing of the hotel, though he had been in...

Kraft Heinz is attempting to buy Unilever in a US$143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse.Unilever rejected the approach and called the...

The Private Sector Organisation of Jamaica (PSOJ) has expressed gratitude to Richard Byles, former co-chair of the Economic Programme Oversight Committee (EPOC) and Dr. Vincent Lawrence, former chair of the Electricity Sector Enterprise Team (ESET...

The Court of Appeal has reversed a lower court ruling that held the Urban Development Corporation liable for goods stolen from a tenant at one of...

Tewani is shelling out US$2 million to build a multi-storey parking garage in New Kingston, which should open for business by mid-April."This is a no-brainer...

International coffee chain Starbucks is weighing entry to the Jamaican market, likely through a franchise partner."We remain committed to expanding across the region and...

Chairman of Wisynco Group William Mahfood expects roughly a five per cent increase in production cost for styrofoam food containers manufactured by the company, with the addition of a biodegradable substance...

The Financial Services Commission (FSC) is not commenting on infor-mation that Liberty Global has been asked to make a mandatory offer for the shares in Cable & Wireless Jamaica, which trades as FLOW Jamaica...
Subscribe to Business