Mon | May 6, 2024

Stories by Avia Collinder

Published:Friday | November 3, 2017 | 12:00 AMAvia Collinder

Rainforest Seafoods Limited is expecting other hotels to join the initiative in which guests are given access to live lobsters as a menu option, according to business development manager Max Jardim.The first deal was struck in October between Palace...

Published:Thursday | November 2, 2017 | 12:00 AMAvia Collinder

A one-day lockdown of Caribbean Producers Jamaica's (CPJ) facilities near the end of October was for a systems upgrade.The distribution and manufacturing company, based in Montego Bay, is adding a new technology platform to improve on its supply...

Published:Tuesday | October 31, 2017 | 12:00 AMAvia Collinder

Jamaica Agricultural Commodities Regulatory Authority, JACRA, under whose umbrella the commodity boards have been merged, should start functioning by year end, according to...

Published:Wednesday | November 1, 2017 | 12:00 AMAvia Collinder

Dione Jennings, whose substantive post is chief technical director at the Ministry of Labour...

Published:Wednesday | October 25, 2017 | 12:00 AMAvia Collinder

The damage to property and infrastructure in some sections of the Caribbean has seen a fall in habitable room inventory, with the result that vacationers are looking elsewhere for winter travel options.However, resort managers in Jamaica have mixed...

Published:Monday | October 30, 2017 | 12:00 AMAvia Collinder

Jamaica Producers Group Limited (JP), which is currently searching for a specialist farm manager for pineapple production, said it is now making headway on plans to expand markets for the fruit.Production yields are expected to climb next year by 17...

Published:Friday | October 27, 2017 | 12:00 AMAvia Collinder

Medicanja Jamaica Limited, the first local developer of medical marijuana products, says it will be 'open for business' this November when its first six ganja pharmaceuticals are due to hit the local market, through pharmacy channels.The four-year-...

Published:Thursday | October 26, 2017 | 12:00 AMAvia Collinder

Digital product delivery at the NCB Financial Group is being pursued at hyper-speed, by the company's own estimation, with new cross-functional teams at work in a specialist information technology unit, called the Agile Lab.At the helm within the...

Published:Tuesday | October 24, 2017 | 12:00 AMAvia Collinder

Real estate investments in Jamaica are among the highest in the Caribbean, and are being driven by highway development and population increase, according to Petal James, the acting head of...

Published:Tuesday | October 24, 2017 | 12:00 AMAvia Collinder

Jamaica's central bank is eyeing the Chinese renminbi, the RMB, as an opportunity to reduce reliance on US dollar usage in the Jamaican economy.John Robinson,...

Published:Thursday | October 26, 2017 | 12:00 AMAvia Collinder

The total value of mortgages for the June quarter was down 10.6 per cent to $9.2 billion, relative to the corresponding quarter of 2016.The numbers exclude disbursements by Jamaica Mortgage...

Published:Tuesday | October 24, 2017 | 12:00 AMAvia Collinder

Jamaica will soon eliminate small coins, and while such a measure tends to lead to a 'rounding tax', the monetary authority say that won't happen when it comes to foreign exchange rates, stock prices, dividends and any other non-cash transactions.It...

Published:Monday | October 23, 2017 | 12:00 AMAvia Collinder

Having yesterday gained three seats on the 12-member board of the lottery company, Supreme Ventures Ltd (SVL), brokerage house Mayberry Investments Limited said it is reviewing its demand for an emergency general meeting (EGM), while its boss,...

Published:Friday | October 20, 2017 | 12:00 AMAvia Collinder

The Blanco Group, owners of Lanco Paints, will be opening its first factory in Jamaica next year, an investment that falls within the ballpark of US$10 million.Deborah Cumming, managing director/broker of Century 21 Heave Ho Properties Limited, said...

Published:Friday | October 20, 2017 | 12:00 AMAvia Collinder

Caught off guard by what appears to be a dual effort by new Trinidadian shareholder Zodiac and investment house Mayberry at a hostile takeover of the Supreme Ventures Limited board, the current directors are huddling with their lawyers on how to...

Published:Thursday | October 19, 2017 | 12:00 AMAvia Collinder

Chief financial officer (CFO) Dan Theoc has resigned from the Jamaica Public Service Company Limited (JPS) after 16 years in the power utility's employ.The company,...

Published:Wednesday | October 18, 2017 | 12:00 AMAvia Collinder

​The timeline for introducing the second component of the new foreign exchange trading tool, known as B-FXITT, to allow for the purchase of currency is yet to be determined, even as central bank chief Brian Wynter touts the initial phase as working as intended...

Published:Thursday | October 19, 2017 | 12:00 AMAvia Collinder

ANSA Coatings International Limited got just over three per cent more of the Berger Jamaica shareholdings, a result that signalled overwhelming rejection of its bid...

Published:Tuesday | October 17, 2017 | 12:00 AMAvia Collinder

The Ministry of Labour & Social Security will break ground Thursday, October 19 for new offices in St Ann, following the approval by Cabinet of a contract for construction valued at more than half-a-billion dollars...

Published:Wednesday | October 11, 2017 | 12:00 AMAvia Collinder

Digital ledger, or blockchain technology, is set to change the way both private companies and governments do business, says Mat McGuire, a financial crime risk management expert from Canada.The technology has substantial utility as a solution to...

Published:Wednesday | October 11, 2017 | 12:00 AMAvia Collinder

Petroleum Corporation of Jamaica (PCJ) has got foreign backing for a prefeasibility study on the prospect of setting up another wind farm, but one that would be anchored out at sea.An American outfit called Keystone Engineering Inc has been invited...

Published:Wednesday | October 11, 2017 | 12:00 AMAvia Collinder

The Urban Development Corporation says that it continues the search for the site for Jamaica's third city but notes that the master plan contemplated will lean towards business incentivisation.The agency is pursuing the project in stages: first,...

Published:Wednesday | October 11, 2017 | 12:00 AMAvia Collinder

Avia CollinderBusiness ReporterRohan Miller, the chief executive officer of Sagicor Investments Jamaica Limited and Sagicor Real Estate X Fund Limited and...

Published:Wednesday | October 11, 2017 | 12:00 AMAvia Collinder

Director of Public Prosecutions Paula Llewellyn is of the view that the pushback from the legal fraternity notwithstanding, its members would have to...

Published:Monday | October 9, 2017 | 12:00 AMAvia Collinder

Financial fraud expert Robin Sykes is suggesting that a portion of the criminal proceeds confiscated by the State be given to Jamaica's under-resourced courts and...

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