BGLC acquires Shirlhome complex

The Betting, Gaming and Lotteries Commission (BGLC) is finalising with Tanny Shirley a deal to purchase the Shirlhome building on Hagley Park Road in Kingston, which it will outfit as its permanent headquarters and centralise operations...

IMF approves US$94m for Jamaica

The International Monetary Fund (IMF) board of directors has signed off on a disbursement of SDR 63.7 million or US$93.9 million (J$8.06 billion) to Jamaica, having finalised its review of the country's first test under the standby arrangement signed...

MSE sales down 49%

Small and micro-businesses were particularly hard-hit in the recession, losing half their markets last year, while hundreds of proprietorships and 'own-account owners' appeared to have shuttered operations...

Hilton replaced as Wyndham returns to Kingston

TWO YEARS after it changed ownership, the Hilton Kingston hotel is to undergo a name change, again. Delroy Howell, the new owner, has said he is advanced in plans to sever ties with Hilton World-wide...

Honda to share space with Autohaus at new MoBay salespoint

THE ROLLOUT of its new German car dealership will cost ATL Automotives Limited considerably more than announced four months ago. The bill is now estimated at around US$23 million for the development of showrooms and service centres in both Kingston and Montego Bay...

E-shopping growth boosts business for couriers

The growth in the use of smartphones in Jamaica is not only spawning new opportunities for online shopping businesses, but is also proving a fillip to established courier services, some of which are creating their own...

Today's Furniture exits as high-end market dwindles

Today's Furniture Limited is locking shop, a casualty of the declining market for high-end furniture that has forced retailers into cutting operations or permanently closing doors. The furniture store at 92C Constant Spring Road is closing down...

Broilers going after bigger export market

Jamaica Broilers Group is taking on new markets overseas through distribution deals in several Caribbean countries, but says its new export focus requires no immediate investment in manufacturing capacity here to meet the expected 10-15 per cent growth...

Senator, businessman accused of bribery scheme

A Puerto Rican senator has been indicted for allegedly supporting legislation in favour of a private security company in exchange for a trip to Las Vegas to watch a boxing match, authorities said Tuesday.Senator Hector Martinez Maldonado, 41, is accused...

Coke's brand of justice: Jamaica through the looking glass

I'm driving along Flamingo Road in South Florida, listening to a popular Jamaican radio station in the region; breaking news: Christopher 'Dudus' Coke captured in Jamaica.

G20 leaders facing worries about rising deficits

World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their solidarity in the face of new challenges.Despite US appeals to refrain from removing stimulus measures too...

Formula created for tea shares

Mayberry Investment Limited, lead broker and financial adviser to Jamaican Teas Limited, said Wednesday that the allotment of shares under the initial public offering has been completed for the 291 applications from the public pool...

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