Sun | May 19, 2019

Business

The Court of Appeal has upheld an award of more than US$940,000 – about J$128.3 million – against the Jamaican Redevelopment Foundation Inc (JRF) for breach of contract, the company having cancelled an agreement to sell property in Clarendon to a...

With Old Harbour in St Catherine experiencing one of the highest population growth rates in Jamaica, Victoria Mutual Money Transfer Services perceives it an opportune time to expand its footprint with the opening of a branch in that area. “Our...

Food and logistics conglomerate Jamaica Producers Group notched a big first quarter with a 52 per cent spike in net profit to $230.37 million. Sales for the quarter came in just shy of $4.8 billion, or seven per cent higher than the comparative...

JMMB Group is pumping US$200 million into the company that is buying Sagicor Financial Corporation, a deal that will see the Jamaican financial conglomerate ending up with indirect ownership in the largest insurance conglomerate in its home...

Starting today, Friday, National Commercial Bank Jamaica (NCB) will begin executing an upgrade of its banking platform that is supposed to result in speedier transactions for business and personal customers. The system, which costs $2 billion, has...

Three e-payment companies have been shortlisted by the Ministry of Labour and Social Security for the contract to begin distributing social welfare benefits via mobile wallets, under the Programme of Advancement Through Health and Education, PATH....

KLE Group, which oversees the Usain Bolt’s Tracks & Records restaurants, UBTR, is hunting property even as it assesses potential traffic numbers for possible market entry in Falmouth...

Flavocure Biotech, a cannabis research company that is majority owned by Dr Henry Lowe, has received approval from the US Patent Office for a drug that treats glaucoma and myopia, or nearsightedness. According to the patent issued on May 7, both...

J ason Smith, a second-generation housing builder and CEO of Core Development and Construction, has begun construction on what he says is the second of four upscale residential developments to be rolled out across Kingston being done over time....

OP-ED CONTRIBUTION: EMERGING MARKET ADVISER Chile is an odd construct. A long narrow strip of land, it runs from the Tropic of Capricorn to almost the Antarctic circle. With a population of 18 million and a territory of 756,000 square kilometres,...
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