Wed | Jun 16, 2021

Business

Brett Wong, managing director of Coldfield Manufacturing Limited.

The pandemic has led to plummeting sales for drink products aimed at bargain consumers, and may very well have been the last straw that drove Spike Industries into closing down the bag-drink manufacturing division of its beverage business. The...
Former Prime Minister of Jamaica Bruce Golding.

Former Prime Minister Bruce Golding is of the view that despite the existence of the Council for Trade and Economic Development, COTED, the Caricom bloc, as currently structured, lacks an appropriate administrative mechanism to resolve the...
Chairman & CEO of Caribbean Cream Limited, Christopher Clarke.

Ice cream maker Caribbean Cream Limited, which trades as Kremi, came close to doubling its yearly earnings, which topped $100 million while traversing a pandemic-hit economy unscathed. The company, even with a big capital expenditure on growth...

The Jamaica Stock Exchange (JSE) Combined Index declined on Tuesday with an advance/decline ratio of 36/42. The index moved down by 2,152.86 points or 0.50 per cent to close at 428,697.59. The JSE Main Market Index declined by 2,454.99 points...

Ferrari V12 production cars were suspended over the factory floor Sunday night as the 74-year-old luxury carmaker launched a new era as a lifestyles brand, with a runway show unveiling its first ready-to-wear collection targeting a younger...

The Jamaica Stock Exchange (JSE) Combined Index advanced on Monday with an advance/decline ratio of 37/37. The JSE Combined Index advanced by 2,654.60 points or 0.62 per cent to close at 430,850.45. The JSE Main Market Index advanced by 2,511.04...

Regional soap producer Dominica Coconut Products Successors Limited, DCPS, has made good on a threat to head to court in a long-running feud with some Jamaican state agencies and Jamaican manufacturers and exporters of soap. In a suit filed in the...

Jamaica Dairy Development Board, JDDB, is anticipating growth in local milk production to 15.1 million litres by December and is banking on new market entrant Trade Winds Citrus Limited to assist in getting to the desired national target. The...

Seeking the best path to growth, the University of the Commonwealth Caribbean, UCC, has this year formally spun off several business activities into a number of subsidiary companies as part of a strategy it has been developing since last year....

MPC Caribbean Clean Energy Limited and its partners plan to double the power generating capacity at its solar plant in Dominican Republic, a new asset for which the acquisition deal is expected to close by next quarter. The Monte Plata solar plant...
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