Mon | Sep 26, 2016

Business

Usain Bolt is spending over $10 million to set up a razor blade business called Champion Shave and is now actively seeking retailers to push the products into three markets.The Olympian and sport celebrity is tapping a current trend in men's...

The Jamaican Government may need to impose revenue measures in excess of the$16 billion required to fund phase two of the personal income tax reform, which will see the threshold move to $1.5 million at the start of fiscal year 2017-18, according to...

A new gaming regulatory body, whose remit will include help for gambling addicts, is under consideration.Speaking at the 2016 Gaming Industry Summit in Kingston last Thursday, Minister of Finance Audley Shaw proposed a full review of the role and...

The United States Federal Reserve wants to put new limits on big banks' activities in physical commodities businesses, with an eye to reducing financial risks from volatile trading and transport of sensitive materials.The Fed's governors are...

The International Monetary Fund (IMF) on Friday painted a bleak outlook for bailout-dependent Greece, where it said it expects unemployment to stay in the double digits for more than three decades.In an annual report, the IMF also called for further...

Trinidadian paint company Kaleidoscope Paints Limited is hoping to re-enter the Jamaican market and is actively recruiting franchisees to produce and...

The planned investment in Jamaica by Chinese-owned Jiuquan Iron and Steel Company (JISCO) got upsized from US$2 billion to US$3 billion for the upgrade of Alpart's...

Digicel Jamaica adjusted a raft of prepaid mobile data plans this week on its website, which makes it nominally cheaper for plans with longer tenures, but more costly for the...

Moves by local and international banks to de-risk by shedding correspondent banking relationships could push the local economy, and in particular, the gaming...

Jamaica Public Service Company (JPS) says it has now secured financing for the 190 megawatt gas-fired power plant to be built at Old Harbour Bay, St Catherine,...
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