Sat | May 25, 2019

Business

Executive chairman of Marlie Technology Park Limited, Valrie Grant.

The relationship between tech park investor Valrie Grant and Sagicor Group Jamaica has soured, and now she is looking for new partners to follow through on the project that is partially formulated around women in the tech sector. Sagicor Bank...

Epican Medicinals Limited, a Jamaican retailer of medical marijuana, plans wider distribution with an eventual push for online sales, according to its partner in Canada, The Green Organic Dutchman, TGOD. TGOD also disclosed that Epican earned CDN$...

Jamaicans were willing to shell out more than $14 billion, or nearly three times the targeted equity capital, for shares in the Caribbean’s largest wind energy company Wigton Windfarm Limited, which listed on Wednesday on the main market of the...

Over the span of two years, a Chinese national in Oregon sent devices that looked like iPhones to Apple, saying they wouldn’t turn on and should be replaced under warranty. He didn’t just submit a couple of the devices -- he delivered in person or...

The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at US$3.7 billion, in a move that would create the world’s fourth-largest group of beauty products. Shareholders of both...

Daimler CEO Dieter Zetsche is handing off to his successor after 13 years at the helm, warning that the company will need to cut costs to invest in new technologies that are transforming the industry. Zetsche, 66, received prolonged applause from...

  Wigton Windfarm jumped 28 per cent and dominated volumes on its first day of trading on the Jamaica Stock Exchange. With an energetic start to trading the stock closed at $0.64 with 8.35 million units trading. Wigton will open at $0.60 on...

The Economic Programme Oversight Committee, EPOC wants the Jamaican Government to stay focused on plans for the implementation of national identification system NIDS, inflation targeting and foreign exchange hedging. The recommendations come as...

Credit extended to private-sector businesses and households grew by 15.2 per cent over the 12 months to March 2019, higher than the 13.4 per cent observed at December 2018 and the 13.8 per cent at March 2018. However, Bank of Jamaica (BOJ) Governor...

SCJ Holdings Limited, the state company that controls the Bernard Lodge Estate in St Catherine, has compensated nine farmers who are to be relocated and is promising to accelerate payment to others. That update from SCJ Holdings Chairman Joseph...
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