Tue | Mar 31, 2020

Business

In this January 28, 2014 file photo a jar of ethanol fuel sits on display.

Several alcohol distilleries in Nevada unable to make liquor under current coronavirus shutdowns are turning their attention to another product to help soothe customers. They’re combining their key ingredient – ethanol, which kills germs – with...

Manufacturers of ­alco­holic drinks are taking a beating from the closure of bars, many ­hotels, and the lockdown on entertainment events – traditionally big sources of sales for them – as the coronavirus contagion sweeps across the world. Rum and...
CEO of Indies Pharma Jamaica Limited,
 Dr Guna Muppuri.

Hackers unleashed a ransomware attack on Indies Pharma Jamaica Limited last year in an attempt to extort funds from the company. The pharmaceutical distributor, in response, rebuilt its database and upgraded its IT security and procedures. “We...

The Jamaica Stock Exchange (JSE) Combined Index ended the week up on Friday with an advance/decline ratio of 49/25 The index advanced 9,372.72 points or 2.72 per cent to close at 354,007.88. The JSE Main Market Index gained 9,599.14 points or 2.74...

T he Bank of Jamaica, BOJ, is taking pre-emptive measures to maintain liquidity in the Jamaican market, and keep the system humming, amid expectations that the economy will contract by about three per cent over the next year. So far, the central...

GUEST HOUSE operator Shelly-Ann Johnson is looking to stranded visitors to fill rooms that are being emptied by travel restrictions to stem the spread of the coronavirus. “We want to be a beacon of hope for travellers currently in the island,”...

THE SUPREME Court has ruled that the lawsuit brought by a Panamanian company to recover commercial debt can proceed in the local court, having rejected a challenge to the case that spun on the omission of a suffix from the claimant’s name....

RATINGS AGENCY Moody’s downgraded the corporate rating of hotel operator Playa Resorts, and revised its outlook from stable to negative. Playa, which is part-owned by Sagicor Group Jamaica, operates hotels in Jamaica, Mexico, and the Dominican...

THEY BOTH work full-time jobs, but Zeelah and Marvine Davis are deeply committed to their baby – a business making and selling genuine leather products. Zeelah, an information technology systems infrastructure manager with a major distribution...

With job postings still scarce, job security dissipating, and wages seemingly stagnant at best, many people are trying to establish some security by creating multiple streams of income. Many would like to try their hand at currency trading, but...
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