Sat | Jan 20, 2018

Business

Last year, the Jamaican Government raised the tax on cigarettes from $14 to $17 per stick, with the intent of raising $876 million of additional tobacco revenue for the Treasury.But the...

European shipping interests converged at the Jamaica Conference Centre in Kingston last week for the auction of Malta-registered bulk carrier, Trading Fabrizia, at which a Greek shipper scored the...

Diversified food manufacturer Seprod Limited is pumping up to US$40 million or approximately $5 billion into a new venture to produce palm oil in Jamaica with plans to build a new processing plant and establish a network of farmers to grow palm trees commercially and sell the fruits to the company for crushing...

China's economy gained steam in 2017, expanding at a 6.9 per cent pace in 2017 in its first annual increase in seven years, according to data released on Thursday that exceeded economists' forecasts and...

The Middle East's largest airline, Emirates, is throwing Airbus a lifeline for its troubled A380 jumbo jet.The carrier said on Thursday that it struck a deal with Airbus to buy 20 of its A380...

Riots in Tehran, political unrest in Saudi Arabia and chaos in Venezuela - all of these problems seem to have domestic explanations.Iranian experts point to rampant corruption, the effect of international sanctions and the unmet...

Dan Theoc, who up until last November was chief financial officer for power utility Jamaica Public Service Company, has been hired by Mayberry Investments Limited, effective January 15.In his new job as senior vice-president...

With 2017 revenues running $13 billion ahead of target, Finance Minister Audley Shaw says he will not be introducing any new taxes in the 2018/2019 budget.  Addressing a Mayberry Investors Forum at the Knutsford Court Hotel, New Kingston on...

The Jamaica Manufacturers’ Association (JMA) has come out in full support of Prime Minister Andrew Holness’ declaration of a state of emergency in St. James. “The escalation of violent criminal activities is taxing on the entire...

The NCB Financial Group (NCBFG) will be opening a new multifaceted banking and financial services centre at West Trade Way, Portmore, St. Catherine on January 22. The ultra-modern facility will provide banking, insurance and...
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