Sun | Sep 15, 2019

Business

Distribution company Derrimon Trading is exploring a shopping experience that goes beyond customers clicking on grocery items from the comfort of their living rooms. The company, which operates two grocery businesses, Sampars and Select, reported...

Pharmaceutical distributor Indies Pharma Jamaica Limited opted to draw on internal resources for the build-out of new operating space and has been shedding debt in the process. The company nearly doubled its expenses in the July third quarter to $...

Micro lender Access Financial Services Limited remains on track to surpass $2 billion this financial year, which would set a new record for the company, which is still focused on growing through acquisitions. Access’ growth through acquisitions...

Jovan Evans is building a complete water solutions business. It’s nothing high-tech. Just practical solutions to everyday problems stemming from inadequate or unreliable water supply. His immediate preoccupation is getting enough products to the...

The Fair Trading Commission, FTC, has found that the public-sector pharmacy partner programme undertaken by Drug Serv does not breach any section of the Fair Competition Act, since it is unlikely to substantially lessen competition in the market....

Poultry conglomerate Jamaica Broilers Group will continue on its acquisition path, but its forecast for local growth is sombre in the near term. “Growth via acquisition is expected to continue as has been the case for the past five years,” said...

Pension portability allows a member to preserve the actuarial value of accrued pension rights when moving from one job to the next. However, portability in our legislation only relates to movement between plans established in Jamaica. A key...

Under pressure from the federal government, General Motors (GM) is recalling nearly 3.8 million big pickup trucks and SUVs in the United States and Canada to fix a brake problem. There have been 113 reports of crashes and 13 injuries related to the...

The European Central Bank (ECB) delivered a new blast of monetary stimulus Thursday to help the shaky economy in the face of uncertainties like the United States-China trade conflict and Brexit. The decision comes as central banks around the world...

Mutual fund managers are making the most of the shaky stock market, which has provided them an opportunity to prove themselves and lure back investors who dumped them in recent years. Nearly half of all actively managed US stock funds turned in...
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