Mon | Jun 21, 2021

Business

Construction, which is captured as a goods-producing sector in the counting of national output, was a star in the real economy last year. But real estate, which is classified as a service, was unable to match it. Although the number of real estate...
Dr Guna Muppuri, president and CEO of Indies Pharma Jamaica Limited.

Pharmaceutical distributor Indies Pharma Jamaica Limited is reporting progress on the development of two new drugs earmarked for the United States market and says it has worked out kinks in its supplies as it looks to reverse the declines in profit...

Bruce Bowen and Suzanne Fernando-Bowen, co-partners in Rock Mobile.

Rock Mobile, the newly crowned third mobile operator, continues to keep a low profile while it prepares to launch. The company will seek to offer services to underserved communities, providing faster Internet connections, based on the bid it won. “...

Construction materials company Arc Systems Limited, which was placed in receivership in May, has filed an appeal against the decision and also asked the Court of Appeal to issue a stay on its execution, pending the determination of the case. The...

A panel of digital experts brought together by the PSOJ Economic Policy Committee is pushing for a reduction in the general consumption tax, GCT, for transactions done electronically, saying it would provide an incentive for consumer migration to...

Small lender ISP Finance Services is on the hunt for businesses that are complementary to its microfinance operation in an aggressive push to grow the company’s loan portfolio. Since its listing on the Jamaica Stock Exchange five years ago, ISP...

Scotch single-malt whisky makers breathed a sigh of relief on Thursday after the United States agreed to suspend tariffs on one of Scotland’s main exports following the resolution of a long-standing trade row between the US and the European Union...

Historic, game-changing, revolutionary: such has been the widespread reaction to the recent agreement by G7 finance ministers on a global minimum effective tax rate of “at least” 15 per cent for large multinational firms. The ministers also agreed...

General Motors will raise its spending on electric and autonomous vehicles and add two United States battery factories as it gambles that consumers will eagerly switch from gasolene to the new technology. The announcements Wednesday came as cross-...

The Jamaica Stock Exchange (JSE) Combined Index advanced on Wednesday with an advance/decline ratio of 30/52. The index moved up by 1,147.65 points or 0.27 per cent to close at 429,845.24. The JSE Main Market Index advanced by 1,596.37 points...
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