Sun | May 16, 2021

Business

Jamaican Teas Limited CEO John Mahfood.

The owners of Jamaica Teas Limited are planning a restructuring of the group to carve out the manufacturing unit, the main component of the business, as a stand-alone entity. The company would then float the manufacturing operation on the stock...

Audrey Hinchcliffe, founder of Manpower & Maintenance Services Group.

Catching a wave generated by client requests and a chance meeting at an expo in Colombia, Manpower...

Airbnb reported Thursday that its first-quarter loss more than tripled, to US$1.17 billion, as travel remained depressed by the pandemic and the company was weighed down by costs from past borrowing. However, revenue topped the same period in 2019...

Evergo Jamaica, through its parent company InterEnergy Group Limited, is investing roughly $150 million in the rollout of 60 electric vehicle charging stations across Jamaica by year-end. The company has already installed four charging stations in...

Housing developer West Indies Home Contractors Limited, WIHCON, is pumping funds into research and development around prefabricated steel and container homes as more affordable options for homebuyers at the mid- to lower end of the residential...

Food distributor Everything Fresh Limited, EFresh, has launched a snack line following a review of its business, which produced losses of $181 million for year ending December 2020. Concurrently, the company is finalising plans to exit at least...

P ortland JSX Limited has cycled back into its investment phase, taking a small stake worth US$52,534 in a Colombian speciality food company on March 4, according to a disclosure in its newly released audited results. In keeping with its alliance...

GraceKennedy Limited began stepping up its programme to digitally transform the group from last year, having poured US$25 million into its tech infrastructure in the past five, and now it’s gone further to bring an expert on board. But...

First Rock Capital Holdings has invested an undisclosed sum in a multistorey complex in Central America, through subsidiary First Rock Capital Latam. The 160-room complex, called Torres Los Yoses, is being developed by Grupo Inmobiliario del...
Subscribe to Business