Fri | May 3, 2024

Stories by McPherse Thompson/Assistant Editor - Business

Published:Friday | April 5, 2019 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

The Court of Appeal has sided with John Jackson’s firm Bridgeton that its margin trading contract dispute with Mayberry Investments should be resolved through arbitration. The appellate decision handed down in March upheld a Supreme Court ruling...

Published:Friday | August 31, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

The Court of Appeal has sided with a Supreme Court judge that a claim filed against the public cleansing agency, National Solid Management Waste Authority, NSWMA, for damages over a fire at the Riverton City dump in Kingston should be heard by the...

Published:Friday | August 3, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

The Bank of Jamaica (BOJ) has partly attributed a sharp decline in domestic food prices to the 2.8 per cent out-turn in inflation for June, a deviation from the 3.5 per cent to 6.5 per cent target under Jamaica's standby agreement with the...

Published:Friday | June 15, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

The International Monetary Fund (IMF) has again sought to persuade the Government that improving security and crime prevention is crucial in Jamaica and other parts of the region where chronically high crime rates are weighing heavily on economic...

Published:Tuesday | May 15, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

Alfabet Holdings, an investment group led by Gassan Azan, has acquired the Van den Tweel supermarket group, which operates in the ABC islands of Aruba, Bonaire and CuraÁao in The Netherlands Antilles.The chain comprises five stores known as Van den...

Published:Tuesday | April 10, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

Business confidence dipped marginally during the first quarter of 2018, while consumers' optimism rose despite the majority believing that job prospects continue to be elusive and remained doubtful about future employment.Despite the fall-off in...

Published:Tuesday | March 6, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

Paymaster Jamaica Limited has lost its appeal against the Postal Corporation of Jamaica for terminating its bill payment contract and transferring the business to Bill Express operated by GraceKennedy Payment Services.The Postal Corporation said it...

Published:Friday | January 26, 2018 | 12:00 AMMcPherse Thompson/Assistant Editor - Business

Construction of a modern warehouse constituting the first of a multiphase development of an industrial park by Port Authority of Jamaica is to begin by March at a cost of US$25.8 million ($3.2 billion).Vice-president for business development at the...

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