Published:Thursday | April 21, 2016 | 12:00 AMNeville Graham
Stewart Industrial pulled the wrappers off of a line of medium to heavy duty trucks on Wednesday night and is aiming to corner 35 per cent of the market in two years. Managing Director James Lechler declared his intentions to Gleaner Business,...
Published:Wednesday | April 20, 2016 | 12:00 AMNeville Graham
The so-called bad gas report of the Petroleum Trade Reform Committee is ready and should be going before Cabinet on Monday. News of the development came as Energy Minister Dr Andrew Wheatley addressed the half yearly meeting of the Jamaica Gasolene...
Published:Tuesday | April 12, 2016 | 12:00 AMNeville Graham
Regional broad-caster Sun City Radio is breaking out of its base in Portmore and spreading to western Jamaica in searchof new listenership and advertising revenue.The station is...
Published:Thursday | April 14, 2016 | 12:00 AMNeville Graham
Bahamas Telecommunications Company (BTC) will be introducing a prepaid electricity solution, which it is now testing discretely in Spanish Wells, Eleuthera.Prepaid metering allows customers to manage their...
Published:Sunday | April 10, 2016 | 12:00 AMNeville Graham
The most conservative estimates are indicating that Expo Jamaica 2016, where the island's products will be put on show for the world, will generate no less than $300 million in economic activity over its four-day staging, starting Thursday.During...
Published:Thursday | April 7, 2016 | 12:00 AMNeville Graham
Leaders in the export and manufacturing sectors are dismissing talk that Jamaican exporters cannot deliver on the promises that they make.They say that the tag that Jamaica is a 'nation of samples' - capable of producing but incapable of...
Published:Friday | April 1, 2016 | 9:56 AMNeville Graham
It was somewhat cool weather, but Vernamfield, Clarendon, was searing with a record number of entries at the Sunday, March 20, meet. The 180 entries surpassed the previous record of 164 and there was fierce competition in all classes between 16...
Published:Friday | April 1, 2016 | 12:00 AMNeville Graham
ATL Automotive will begin delivering the Porsche brand of cars to Jamaica by May and in another few weeks will create two state-of-the-art sales and service facilities on Oxford Road in Kingston and Bogue in Montego Bay, St James, to house the cars...
Published:Wednesday | March 30, 2016 | 12:00 AMNeville Graham
Experts are urging caution in relation to the impending implementation of the Government's tax plan, noting that while the short-term benefits may be welcome in some quarters, it could result in negative effects across all sectors.That was the...
Published:Thursday | March 24, 2016 | 7:11 PMNeville Graham
Total Petroleum Jamaica has relaunched its fuel card, first launched in October 2014, repositioned to customers as the French marketing company makes efforts to increase market share.Network manager at TOTAL, Howard Henry, says the re-launch is in a...
Published:Thursday | March 24, 2016 | 3:28 PMNeville Graham
Boutique investment house Barita seems to have shaken off its 2013 dip in profit when it earned $70.28 million, reporting September 2015 year end after-tax profits of $242 million, a 264 per cent increase above the figure reported in 2014.The last...
Published:Wednesday | March 23, 2016 | 12:00 AMNeville Graham
Government is to identity a broker to structure the sale of a part of its stake in manufacturing conglomerate Seprod Limited, Financial Secretary Devon Rowe indicated on Wednesday.The...
Published:Wednesday | March 23, 2016 | 12:00 AMNeville Graham
Thirteen teams will be vying for $4 million in prize money in the National Business Model Competition (NBMC).They will also get a chance to represent Jamaica in the International Business Model...
Published:Tuesday | March 15, 2016 | 12:00 AMNeville Graham
Microfinancing firm ISP Finance Services is seeking $98 million from stock market investors through an initialpublic offering (IPO).ISP is floating 48.98 million ordinary shares at $2 per share on the junior market, representing 46.65 per cent of...
Published:Tuesday | March 8, 2016 | 12:00 AMNeville Graham
Breakthrough tech entrepreneur Chinedu Echerou is urging budding businesses to observe what he calls the 'Five Cs of Entrepreneurship' - credibility, clarity, conviction, capital and concentration in execution.He says these elements have proved...
Published:Tuesday | March 8, 2016 | 12:00 AMNeville Graham
The Development Bank of Jamaica is determined to close a persistent market gap in financing, especially equity capital, for small and medium enterprises, says chairman Joseph M. Matalon. Addressing the third annual Venture Capital Conference on...
Published:Tuesday | March 1, 2016 | 12:00 AMNeville Graham
Now operating under the banner of ATL Autobahn, the BMW and Mini dealerships reopened for business over the weekend at the Orchard Road facility previously operated by the Stewart Automotive Group.ATL conducted...
Published:Monday | February 8, 2016 | 4:07 PMNeville Graham
Minister of Science Technology Energy & Mining, Phillip Paulwell, says he plans to prioritise the removal of the Common External Tariff (CET) from solar water heaters and petroleum products, if his party forms the next government. A CET rate of...
Published:Thursday | February 4, 2016 | 12:00 AMNeville Graham
Industry Minister Anthony Hylton has signalled to prospective ganja investors that interim regulations to police the industry should be in place by March.It would pave the way...
Published:Friday | January 29, 2016 | 1:12 AMNeville Graham
Johnson's Petroleum emerged preferred buyer of rival United Petroleum - Unipet - on January 28 and the parties now say they expect to finalise the deal by the end of this month.The bid price was not disclosed, but Lynford Johnson, owner and chairman...
Published:Wednesday | January 27, 2016 | 12:00 AMNeville Graham
Effective immediately, the Digicel brand name has been divorced from its sports television business, SportsMax.That message was conveyed in correspondence to the sports channel's...
Published:Thursday | January 21, 2016 | 12:00 AMNeville Graham
With the expected influx of billions of dollars in the market to flow from NDX bond redemptions in February, the Jamaican Government looks set to end its three-year hiatus from...
Published:Tuesday | January 19, 2016 | 6:25 PMNeville Graham
The Jamaica dollar traded at an average rate of $120.85 against the US dollar on Tuesday, down five cents from Monday. It also traded at $169.60 against the pound sterling, appreciating $1.72; and at $83.05 against the Canadian dollar, losing 89...