Published:Wednesday | January 2, 2019 | 12:00 AMNeville Graham
Key retailers are charging for alternative carrier bags following the Jamaican Government's ban on single-use plastic bags. At the same time, at least one businessman has cautioned that while...
Published:Friday | December 21, 2018 | 12:00 AMNeville Graham
Guardsman Group and eMedia Interactive, in which the security company has a 35 per cent stake, are to take another run at reviving a long-dead music festival that was the calendar event of its day.Reggae Sunsplash, which fizzled in the mid-1990s,...
Published:Friday | December 7, 2018 | 12:00 AMNeville Graham
The used-car sector is walking back its howls of protest over the pre-shipment inspection policy for motor vehicles that they initially pronounced would have been the death knell of vulnerable dealers.But that was last year.Now, some 16 months into...
Published:Friday | November 23, 2018 | 12:00 AMNeville Graham
Homegrown Business process outsourcing outfit itelbpo is doubling its footprint, adding 1,500 jobs, and is exploring listing on the Jamaica Stock Exchange. The company, which began operations in 2012 with seven employees, now has 2,000 workers with...
Published:Friday | October 12, 2018 | 12:00 AMNeville Graham
Nearly two years after serious market inroads for his egg-processing business, Damion Crawford's Crafton Holdings is in wait-and-see mode, based on the perceived threat of subsidised American poultry imports.Crawford says his egg production company...
Published:Thursday | October 11, 2018 | 12:00 AMNeville Graham
Having set up a new factory in central Jamaica a year ago, Sweetie Confectionery Company is looking to go deeper into exports in multiple markets.Key to its latest initiative is a partnership with fellow angel-financed company Billodex through which...
Published:Friday | September 14, 2018 | 12:00 AMNeville Graham
SSL Venture Capital Jamaica Limited, the company that gobbled up the failed C2W Music start-up, and listed on the market last month in a reverse takeover, has announced three new investments in marketing outfits.However, SSL Ventures has not...
Published:Thursday | September 6, 2018 | 12:00 AMNeville Graham
Food and liquor distributor Caribbean Producers Jamaica (CPJ) earned less profit this year, but CEO Dr David Lowe says it's all linked to expansion projects and technology upgrades that are set to grow the company.In the Montego Bay-based company's...
Published:Thursday | August 23, 2018 | 12:00 AMNeville Graham
Indies Pharma Jamaica Limited will be making a second run at the market, this time with a bond offer that is meant to finance its acquisition of a foreign company.CEO Dr Guna Muppuri is in the process of doing due diligence on the target, which will...
Published:Wednesday | July 25, 2018 | 12:00 AMNeville Graham
Kronic Relief Jamaica is eyeing March to May of next year to begin reaping cannabis at its Crystal Springs farm, which it expects to yield one metric tonne per week.But CEO Steven Conville says that that is just the starting point. The company,...
Published:Thursday | August 2, 2018 | 12:00 AMNeville Graham
Pepsi-Cola Jamaica Bottling Company is spending more than a billion dollars on a new line for a product that will hit retail shelves by year end, adding Jamaica to a limited number of markets for the largely unknown drink.With added caffeine and...
Published:Thursday | July 19, 2018 | 12:00 AMNeville Graham
The National People's Co-operative Bank of Jamaica network, which engages in agricultural lending to farmers, will be taking a page from the student loan agency's playbook by going public with the identities of chronically delinquent borrowers - a...
Published:Thursday | July 12, 2018 | 12:00 AMNeville Graham
Fearing backlash from foreign banking partners, local lenders are reluctant to do business with the emergent cannabis industry.Senator Mark Golding, a former minister of justice and now opposition spokesman on finance, is pitching to industry...
Published:Tuesday | July 10, 2018 | 12:00 AMNeville Graham
The Jamaica Manufacturers and Exporters Association is renting out the building that previously served as the headquarters for exporters, but its president is also mulling future plans to utilise it as a training hub.It also emerged this week that...
Published:Thursday | July 5, 2018 | 12:00 AMNeville Graham
Dr Cliff Riley, executive director of the Scientific Research Council, says that while Jamaica likes to boast about its high-quality marijuana, popularly referred to as ganja, there is no precise or settled definition of what that means.Riley also...
Published:Friday | June 15, 2018 | 12:00 AMNeville Graham
Loan sales have become one of the tools used by lenders to go after up new business using time-bound low interest rates as a hook for borrowers. And First Heritage Cooperative Credit Union, FHC, is no exception.But the credit union led by Roxann...
Published:Tuesday | June 12, 2018 | 12:00 AMNeville Graham
British Caribbean Insurance Company (BCIC) is tracking the driving behaviour of auto insurance policyholders, with their consent.Since late 2017, the company has been pilot-testing the Amber Connect vehicle-tracking device on privately owned motor...
Published:Friday | June 8, 2018 | 12:00 AMNeville Graham
The Government has approved the tabling of regulations that will effectively depoliticise the boards of public-sector bodies by, among other things, ensuring that a third of those appointed by a previous minister or administration be carried over to...
Published:Thursday | May 24, 2018 | 12:00 AMNeville Graham
A coalition of business students have devised a new method of producing building material that will help to resolve the pile up of plastic bottles in Jamaica, at least to the degree that they are able to commercialise and market the product.Through...
Published:Thursday | May 17, 2018 | 12:00 AMNeville Graham
Profit at Salada Foods Jamaica Limited is up nearly 80 per cent halfway through the company's financial year. Sales revenue are also up 19 per cent.But General Manager Dianna Blake-Bennett is not inclined to celebrate, not now, due to expectations...
Published:Friday | May 11, 2018 | 12:00 AMNeville Graham
Berger Paints Jamaica Chairman Ray Sumairsingh was left red-faced as he sought to explain how directors of the company, who had recommended a sell-off of outstanding shares by minority shareholders, were recorded as still being in possession of...
Published:Friday | April 27, 2018 | 12:00 AMNeville Graham
Although some of their members overlap, the Jamaica Exporters' Association has the smaller membership base, but president Michelle Chong sees the pending merger with the Jamaica Manufacturers' Association as a deal among equals.Under the successor...
Published:Thursday | April 19, 2018 | 12:00 AMNeville Graham
The Insurance Association of Jamaica (IAJ) is currently undertaking the final phase of testing an insured vehicle information system (IVIS), which will allow motorists and other persons involved in accidents to determine whether or not those...
Published:Monday | April 9, 2018 | 12:00 AMNeville Graham
Shareholders at an extraordinary general meeting on Monday voted to increase Seprod’s authorized capital by 250 million ordinary shares. That is a nearly 50 per cent increase on the 516.97 million units outstanding Seprod closed trading...