Jamaica Bauxite Mining Limited, JBM, is moving ahead with two of its commercial projects that have been in the works for a while, with a search for joint venture financing partners now under way. The indicative cost of the projects is about $4...
The Pesticides Control Authority, PCA, is seeking the overhaul of current legislation governing the use of substances, including herbicides and insecticides, the main objective being measures that are prohibitive enough to deter illegal operators...
The Bank of Jamaica is projecting that inflation is likely to rise again, and data related to the recent rains could further dampen its outlook. Inflation is currently back within the target range, but “Jamaica is not yet out of the woods where...
The Bank of Jamaica, BOJ, has rolled out a public information campaign to sensitise users and financial institutions on how to recognise counterfeit polymer banknotes that entered circulation in mid-June. The central bank advises in the meantime...
The American market now accounts for 51 per cent of Jamaican Teas Limited’s foreign sales, advances that Export Manager Jonathan Mahfood has linked to the company’s expanding range of packaged soups and diversification of the Caribbean Dreams brand...
Some local pharmacists describe as gold-plated the National Health Fund programme under which private pharmacies collect a fraction of the cost of drugs from clients but are repaid the full cost of the medication on a weekly basis. The system has...
Gary ‘Butch’ Hendrickson, head of National Baking Company Limited, is exasperated with what he describes as recurring issues relating to raw materials import restrictions caused by government regulations that serve no one’s interests and continue...
The University of Technology Jamaica, which churns out the most trained pharmacists annually, is of the view that the numbers certified should be enough to serve the sector. But there is a rising worry within the trade that job positions are going...
As Jamaica heads towards the next round of assessments by watchdog Financial Action Task Force, FATF, in February, the Prime Contact Secretariat housed at Bank of Jamaica says Companies Office of Jamaica is going public with the names of companies...
Jamaica Broilers Group Limited, JBG, entered six markets in the past year and is now looking towards both its regional and US segments to drive growth for the poultry company, notwithstanding logistical problems faced in exporting to new Caribbean...
Heavy equipment dealer IMCA Jamaica will move into its newly developed home in Kingston by year end, country director Jose Sasso said this week. But he’s not saying what’s to become of the company’s current operating base at 217 Spanish Town Road....
A real estate agent who sued the Real Estate Board of Jamaica, REB, over conditions to which she was subjected in order to qualify for a salesman licence has lost her bid to challenge an adverse Supreme Court ruling that sided with the regulator....
Jamaica Standard Products Limited, JSP, is venturing into what General Manager John Minott says is its first full-blown café, to be called Island Blue Coffee House, a brand to be tested initially in the coffee company’s home parish of Manchester....
Jamaica Stock Exchange Limited, which operates as JSE Group, is prospecting for business within the Caribbean as a custodian of investment securities. The intent to go regional was first disclosed during the capital markets conference co-hosted by...
Within days, the disputed takeover of minority holdings in Petrojam by the Jamaican government is likely to get a hearing from an international arbitration panel. It comes amid new disclosure by the Ministry of Finance that PDV Caribe SA, a...
The Trade Board Limited will be opening up pre-owned vehicle inspections to multiple players when the current contract for the Japanese service provider expires in January. The agency has already began recruitment with ads requesting bids from...
Rural folks are earning $2 billion annually from supplying young trees used as yam sticks, but it comes at a cost, says President of the Jamaica Agricultural Association Lenworth Fulton. “Jamaica could be losing 37 million young trees yearly to yam...
American company WizdomCRM is putting down roots in the region, through subsidiary WizdomCRM Caribbean Limited, which trades as Edutech, starting in Trinidad...
Richard Serrano, a retired IRS-Criminal Investigation special agent who is currently the interim head of investigations at Citibank, says the nature of cargo movement allows age-old trade-based money laundering to proliferate, and that banks need...
JSE Group Chairman Julian Mair is pitching the stock market as a way to sustain legacy and share in the benefits of a growing economy. It’s a message he took to Guyana, where the capital market is lagging the oil economy’s growth spurt. “The...
Guyana is poised to sidestep the contractionary cycle that’s about to deepen into recession in global economies, says investment banker Gregory Fisher. However, speaking at the first JSE Guyana Capital Markets Conference, held in Georgetown on...
There is no shortage of investment opportunities in sectors beyond oil, but the country’s capital markets lack capacity to handle the levels of financing needed, Guyana’s finance minister said on Tuesday. At the inaugural JSE Guyana Capital Markets...
Kemtek Development and Construction Limited is now marketing a new residential complex in Portmore called Oak Estate that’s priced at mid-tier buyers. The project is being executed in four phases, the first of which will incorporate 144 units for...
The Jamaica Bankers Association, JBA, has not put a cost on the ongoing job of deploying new machines and technology for handling the polymer notes released by the Bank of Jamaica, but says the banks are feeling the sting. It’s said to cost up to...
