The value of limestone exports has been on the decline in recent years, but state marketing agency Jampro sees a path to a turnaround that rests on enticing investors to manufacture intermediate products from the mineral-rich aggregate. Jamaica...
HMH Farms Limited is testing a new line of goat meat burgers, a first of its kind commercial product that aims to leverage Jamaicans’ love of mutton, which is traditionally consumed as a curried dish. The company, which trades in goat meat and...
Hotels have a big appetite for high-quality chocolate products made from the world’s finest cocoa, called couverture, but the group tasked with fostering linkages between the tourism market and local businesses says it’s hard to come by in Jamaica...
Blue Mountain Coffee Venture Limited, BMCV, is weighing a richer blend of tourism and coffee, with plans to add a hospitality component to its rural St Andrew operation as it looks for ways to grow the business. The company has indicated, however,...
Real estate transactions topped $13 billion in value in the first half of this year, with a plurality of the sales concentrated within the top income bracket encompassing the luxury market, data provided by Realtors Association of Jamaica shows....
Jamaica Agricultural Society President Lenworth Fulton has cited three court cases and problems with the delegate’s list of eligible voters as the reasons for the derailment of the group’s annual general meeting on July 12. There is also the matter...
Originally slated for a summer début, the new Fontana pharmacy at Braeton Parkway and Municipal Drive in Portmore is now set for opening in three months. Fontana is leasing space in a complex that’s also expected to house a Starbucks café and...
NCB’s inhouse fraud specialist, Dane Nicholson, wants banks and financial houses to get tough on customers as a teaching moment for those who carelessly fall into the trap of cybercriminals. He is also urging companies to end their love affair with...
Deputy Commissioner of Police Fitz Bailey is urging companies to be more forthcoming regarding fraudulent attacks, noting that only one-fifth of crimes are reported and that often, companies make the decision not to report in order to protect their...
There is still resistance from traditional doctors and pharmacists and cultural leanings to overcome, but telehealth and telemedicine have been gaining traction in Jamaica, and new investors are entering the market with web-based solutions....
In a soft period for private pensions when portfolios declined, fund manager Sagicor Life Jamaica Limited turned out to be one of the big drags on the market’s performance last year. As the largest pension fund manager, the insurance company closed...
Although household debt has been on the rise, the demand for credit reports to ascertain the creditworthiness of retail borrowers has been falling, and the Jamaica’s largest bank has a theory as to why. National Commercial Bank Jamaica, which is...
The size and scope of the so-called roots drinks market in Jamaica remains largely cloaked by the informal nature of the trade. But having experienced a downturn during the health crisis, the market is regaining strength as sole trader DTOS...
Jamaica Special Economic Zone Authority is finalising a new policy that will allow all firms it licenses, including outsourcing companies, to implement remote work arrangements for nearly a third of their workforce. But it will come at a cost to...
Jamaican Medical Cannabis Corporation, which has a presence in Jamaica and Toronto, has announced the acquisition of Materia Ventures, a supply and distribution company for cannabis and CBD products located in Malta. The new business is described...
Working with private partners, the Housing Agency of Jamaica, HAJ, is putting pricier developments on the market beyond the income segment it has served in past decades. The agency, which traditionally delivers starter housing units and provide...
Over the past five years, the remittance market has seen the “steady adoption of new technologies”, and as more persons opt for the formal system to transfer money to family members, there is optimism that the record inflows reached under the...
Mavelyn Watson has nearly tripled her coffee output last year, a resurgence in yields that buttresses plans to venture deeper into valued-added production. As operator of Maveric Farm Limited, Watson cultivates coffee on 25 acres of her 30-acre...
The Supreme Court has refused an application to remove Debbie-Ann Gordon as trustee of Mystic Mountain Limited, MML, an adventure park operator that’s in bankruptcy; but the judge also approved five inspectors who represent the pool of unsecured...
For two days, June 7 and 8, the Jamaica Stock Exchange, JSE, will be in the Dominican Republic in downtown Santo Domingo to attract the attention of investors in that country and facilitate the forging of alliances. Managing Director of JSE Group...
Aiming to deploy its cashless app across Caribbean markets for remittances and other services, GraceKennedy Money Services, GKMS, is in talks with regulators in various countries. It’s immediate regional target markets for the GK One app are...
While still committed to its Guaranteed Purchase Programme, GPP, which was introduced five years ago to improve the pace of delivery of residences to the market, the National Housing Trust is now prospecting for new developers of low-income housing...
Foreign currency loans held by Jamaican investors and firms climbed by nearly 26 per cent last year, driven mainly by sovereign securities, according to the Bank of Jamaica. Meanwhile, borrowing in US dollars also increased as business owners...
The rerouting of ring road at the University Hospital of the West Indies, UHWI, is now out to tender as plans ramp for the phased development of five structures, referred to as medical towers, that will allow for additional student intake and...
Despite rising interest rates and its knock-on effect on the cost of financing, the demand for loans in the construction sector has boomed over the past year amid a bullish real estate market. Instead of shying away from the more expensive debt,...
