Fri | Sep 21, 2018

Business

Published:Wednesday | September 12, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Audley Shaw, the minister with portfolio responsibility for agriculture, is considering new taxes on coffee that would hand a victory to local producers who have been lobbying for an adjustment to the import cess as a protective blanket around the...

Published:Wednesday | September 12, 2018 | 12:00 AM

United States-based crypto-currency exchange agency Bittrex has announced a partnership with a Cryptofacil, a new cryptocurrency trading platform designed to accommodate the LAC region, comprising the Caribbean and Latin America.According to Bittrex...

Published:Wednesday | September 12, 2018 | 12:00 AMAvia Collinder/Business Reporter

Two Jamaican conglomerates were denied the opportunity yet again to invest in what would have been a new area of business for them - airport operations.The Development Bank of Jamaica (DBJ) has chosen a Mexican firm for the Norman Manley...

Published:Wednesday | September 12, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Digicel Group Limited, whose footprint began in Jamaica, continues to push for acceptance of a debt exchange on US$3 billion of its bonds even as some bondholders threaten legal action, and a default rating looms from a top credit rating agency.The...

Published:Tuesday | September 11, 2018 | 11:04 PM

QUESTION: Mr Smith, thank you for all that you write in the paper on a weekly basis. I read your columns regularly and I find them very interesting. I've been with my company for 25 years now. Recently, I've been feeling redundant and like I might...

Published:Tuesday | September 11, 2018 | 12:07 AM

Google is going to Europe's top court in its legal fight against an order requiring it to extend "right to be forgotten" rules to its search engines globally.The technology giant is set for a showdown at the European Union Court of Justice (ECJ) in...

Published:Sunday | September 9, 2018 | 12:00 AMAvia Collinder

For five years, the Jamaica Coffee Growers Association (JCGA) has held a coffee export licence that its president says has never been used.But as tensions grow between farmers and coffee traders over the rates on offer for green beans at the farm...

Published:Sunday | September 9, 2018 | 12:00 AMNeville Graham

Food and liquor distributor Caribbean Producers Jamaica (CPJ) earned less profit this year, but CEO Dr David Lowe says it's all linked to expansion projects and technology upgrades that are set to grow the company.In the Montego Bay-based company's...

Published:Sunday | September 9, 2018 | 12:00 AM

Most in the political class say that what drives them to seek high office is a desire for change in ways that will improve lives.However, in power too many become remote, caught in the web woven by bureaucrats, foreign powers or their colleagues,...

Published:Sunday | September 9, 2018 | 12:00 AM

The Financial Services Commission (FSC) - the government agency that regulates non-bank entities insurance, pension funds, and securities - is in the process of making important changes in the way it supervises the insurance sector.It is switching...

Published:Sunday | September 9, 2018 | 12:00 AM

Do the skills required to be a great leader spring from an inborn set of traits? Or can they be developed over time?Here's a surprising answer - not only can they be grown, but they all come down to a single, rarely talked-about ability that isn't...

Published:Sunday | September 9, 2018 | 12:00 AM

QUESTION: I'm almost 19 and a soon-to-be university student from Jamaica who'll start studying abroad in the coming months. I came across your article "Investment Options for a Young University Student". It was very informative. I wanted to know if...

Published:Friday | September 7, 2018 | 12:00 AM

Simultaneous with the Jamaica roll-out of MyCash, Digicel Group will be offering the mobile wallet and prepaid card to subscribers in the United States, but there its banking partner is Metropolitan...

Published:Friday | September 7, 2018 | 12:00 AM

Nearly a year after losing its credit union mobile money partner and with no replacement yet, technology company MConec Mobile Payment Services has decided to 'white label' its mobile wallet technology by allowing prospective...

Published:Friday | September 7, 2018 | 12:00 AM

Cigarette trader Carreras Limited plans to revive its dormant resort company and put it to other uses as the vehicle for the introduction of new business lines.The company that year in and year out...

Published:Friday | September 7, 2018 | 12:00 AM

Local brewer Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, is celebrating its 100th anniversary of corporate existence with bumper half-year sales driven by its fruity beer flavours that are a hit with new drinkers in the local market...

Published:Friday | September 7, 2018 | 12:00 AM

The experts hired to crunch the numbers on Seprod's sugar adventure have sounded the death knell for at least the factory operations of perennial loss-making subsidiary Golden Grove...

Published:Friday | September 7, 2018 | 12:00 AM

Argentine families are trying to cope with 30 per cent inflation. Companies in Turkey face bankruptcy if they can't pay off soaring debt costs. And investors who bet on emerging markets will be deep in the red...

Published:Friday | September 7, 2018 | 12:00 AM

Diplomats urged Venezuela on Wednesday to allow humanitarian aid into the country to alleviate an economic crisis that has caused hundreds of thousands of desperate people to flee the crumbling oil...

Published:Friday | September 7, 2018 | 12:00 AM

She is many things that would seem to irritate Donald Trump: a liberal Canadian former journalist.That makes Foreign Minister Chrystia Freeland an unusual choice to lead Canada's negotiations...

Published:Friday | September 7, 2018 | 12:00 AM

First Global Bank, a subsidiary of GraceKennedy Limited, aims to set up 30 branded locations by next year through a network of agents or third-party operators.In the medium term, GraceKennedy Group...

Published:Thursday | September 6, 2018 | 12:00 AM

The United States' trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. The deficit in goods with China and the European Union set records.The Commerce Department...

Published:Wednesday | September 5, 2018 | 12:00 AM

Robert Woodstock, architect with responsibility for the design of a new hotel on Oxford Road in New Kingston said the plan is being reconfigured based on new specifications received.Asked about the timelines for...

Published:Wednesday | September 5, 2018 | 12:00 AMAvia Collinder/Business Reporter

Jamaican realtors, property developers and bankers selling mortgages are reporting more interest in investment property purchases, and a concurrent upswell in mid-income developments in Kingston that is partly a response to that demand.Devon Young,...

Published:Wednesday | September 5, 2018 | 12:00 AMNeville Graham/ Business Reporter

Start-up investment company Sygnus Credit reported profit of US$1.4 million for year ending June 2018."As a start-up we set ourselves three objectives: raising enough capital through private placement that would be fully invested out in our first...

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