Fri | Jul 20, 2018

Business

Published:Wednesday | July 4, 2018 | 12:00 AM

The US Virgin Islands announced Monday that it reached a US$1.4 billion deal to reopen one of the world's largest oil refineries in a move expected to boost the United States territory's economy.Governor Kenneth Mapp said private equity firm...

Published:Wednesday | July 4, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The revived Stanley Motta Limited, developer of the 58 HWT technology park in Kingston, had no substantial income before last year when it reported rental income of $72 million.The company, however, reported a large profit of $853 million, nearly...

Published:Tuesday | July 3, 2018 | 12:29 PMAP

  Iran issued a new warning over Mideast oil supplies as the United Arab Emirates said on Tuesday it could increase its own production, the latest remarks to follow Donald Trump's demand for lower global energy prices. The comments by...

Published:Tuesday | July 3, 2018 | 12:00 AM

The European Union (EU) on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some US$300 billion in United States goods amid signs of a brewing trade war.European...

Published:Sunday | July 1, 2018 | 12:00 AMAvia Collinder

Mortgage provider National Housing Trust (NHT) has added a mobile component to its outreach, which sees the state agency travelling to communities to assist residents with loan applications for the housing and benefits it provides.The 'mobile unit'...

Published:Sunday | July 1, 2018 | 12:00 AM

QUESTION: How can I go about getting redress from an organisation that has failed to promote me for 18 years? have never been called to a meeting to discuss my shortcomings or given any advice on my worth, work, and conduct even though I have asked...

Published:Sunday | July 1, 2018 | 12:00 AM

QUESTION: On January 5, 2016, I was driving in Montego Bay along Leader Avenue from the Cornwall College end. I stopped at the Leader Avenue-Peace View-Mango Walk intersection. I signalled that I was planning to turn right on to Peace View Avenue. I...

Published:Sunday | July 1, 2018 | 12:00 AM

Question: I am an accountant by profession, and it is my desire to make a switch of career or do something that complements my career. My ultimate goal is to do the CFA course, but I cannot deal with this right now. I really love the idea of...

Published:Sunday | July 1, 2018 | 12:00 AM

If you are a top executive, you face a unique challenge: the weekly demands on your time regularly outstrip 168 hours.Yet, as you know, most CEOs receive little formal training in time management on their journey to the C-suite. Fortunately, new...

Published:Sunday | July 1, 2018 | 12:00 AM

In the coming days, Caricom Heads of Government will meet in Montego Bay. There, they will hold a special session on the future of the Caricom Single Market and Economy, the CSME.They will also consider the recommendations contained in the Golding...

Published:Sunday | July 1, 2018 | 12:00 AMAvia Collinder

The first annual general meeting of newly formed Jamaica Manufacturers and Exporters Association (JMEA) featured elections, which saw manufacturing leaders Metry Seaga and Richard Pandohie slide into the positions of president and deputy president,...

Published:Friday | June 29, 2018 | 5:09 PMSteven Jackson

  Stanley Motta, a subsidiary of the Musson Group and developer of the 58 HWT technology park in Kingston, plans to raise $4 billion in equity capital through an initial public offering on the main market of the...

Published:Friday | June 29, 2018 | 12:13 AM

A whale of a transport aircraft will be flying high later this summer sporting the grin of a Beluga whale.The Airbus BelugaXL, a massive transport plane, made a presentation on Thursday, its nose cone...

Published:Friday | June 29, 2018 | 12:12 AM

Securities dealer Stocks & Securities Limited will execute a reverse takeover of loss-making music publisher C2W Music through SSL Venture Capital Jamaica Limited, a nascent subsidiary used as a vehicle for investments...

Published:Friday | June 29, 2018 | 12:00 AM

Portland Caribbean Fund II, which is managed by Portland Private Equity, has acquired additional shares in Diverze Assets Inc, the holding company for Chukka and Tropical Batteries, owned by the...

Published:Friday | June 29, 2018 | 12:00 AM

Jamaica Producers Group Limited, JP Group, is investing millions to expand output at its farming operation in St Mary, while going after additional markets in the tourism and retail sectors.Hall told...

Published:Friday | June 29, 2018 | 12:00 AM

Key Insurance introduces cyber coverageKey Insurance Company Limited is now offering coverage for cyber liability tailored for companies of all sizes, in partnership with an unnamed reinsurer, for which the premium starts at US$1,500 per year.The...

Published:Friday | June 29, 2018 | 12:00 AM

After enjoying almost three years of relative stability, the Indonesian rupiah, the IDR, devalued sharply last month.The tightening of United States monetary policy, which sent the yield on the 10-year Treasury bond above...

Published:Friday | June 29, 2018 | 12:00 AM

Online retailer Amazon.com has been looking for a while to find a way to have more control over how its packages are delivered.With a new programme rolled out Thursday, contractors around the country...

Published:Friday | June 29, 2018 | 12:00 AM

United States economic growth in the first quarter was revised down to a lacklustre two per cent - a sharp deceleration and the poorest showing in a year.But economists expect a significant rebound...

Published:Friday | June 29, 2018 | 12:00 AM

When an Oregon valley, famed for its wine, heats up under the afternoon sun, Pacific Ocean winds rush through a dip in the mountains, cooling the grapes in Jeff Havlin’s vineyards...

Published:Friday | June 29, 2018 | 12:00 AM

A standing arrangement under which the National Commercial Bank, NCB, would collect deposits in US dollars and third-party foreign currency cheques on behalf of the JMMB Group, comes to an end on July 1, JMMB indicated this...

Published:Thursday | June 28, 2018 | 12:00 AM

United States president DonaldTrump warned Harley-Davidson on Wednesday "we won't forget" about the company's decision to shift some motorcycle production overseas, and suggested that the Wisconsin-based company will lose out to its competitors.His...

Published:Wednesday | June 27, 2018 | 12:05 AMNeville Graham/ Business Reporter

Tank Weld Equipment expected to sell 25 Shacman trucks this year, and placed that order with the Chinese manufacturer.But the units have already sold off, according to Managing Director John Ralston, who said at the launch of the new truck...

Published:Wednesday | June 27, 2018 | 12:05 AM

Amid ongoing complaints that new coffee rules has been harmful to business, the ministry overseeing agriculture says it is weighing adjustments to the quota rule for Jamaican coffee to give processors flexibility as market conditions change.The...

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