Published:Wednesday | October 28, 2015 | 12:00 AMNeville Graham
There was good news for Jamaica in the latest global survey on business friendliness, but private-sector interests say there is still work to be done on clearing...
Published:Friday | October 9, 2015 | 4:37 PMNeville Graham
It has been a year since hardware company Arc Manufacturing segued into the production of metal roofing tiles, but the company is already boasting of a one-third claim of an estimated $2-billion market.That is the closest Wednesday Business got to...
Published:Tuesday | October 20, 2015 | 12:00 AMNeville Graham
THE JAMAICA Stock Exchange is probing several share purchases by Red Stripe Jamaica's Managing Director Cedric Blair, who bought up four blocks of Desnoes...
Published:Friday | October 16, 2015 | 12:00 AMNeville Graham
Media start-ups eMedia and Point Global have merged operations, ahead of a planned assault on the Caribbean market for new business, and possibly position for an IPO.The merged company will be called eMedia Interactive Limited. The present head of...
Published:Friday | October 16, 2015 | 2:30 PMNeville Graham
The second-highest-ever number of drag racers - 154 - descended on Vernamfield, Clarendon, last Sunday for the NDRC Drag Challenge #4. Highlights of the meet included the close going of the Super Street 15; pedal to metal action in Pro Street 13 and...
Published:Tuesday | October 13, 2015 | 12:00 AMNeville Graham
Bank of Jamaica Governor Brian Wynter is urging local banks to pay more attention to their reporting protocols and regulatory requirements under anti-money laundering/counter-...
Published:Tuesday | October 13, 2015 | 11:54 AMNeville Graham
Foreign Affairs and Foreign Trade Minister Senator A.J. Nicholson is calling for vigilance on the part of financial institutions, surrounding the emerging medical marijuana sector, to stay within the ambit of the drug and anti-money laundering laws...
Published:Tuesday | October 6, 2015 | 12:00 AMNeville Graham
By November, a new security system will become available to Jamaicans that allows for GPS tracking, automatic distress calling, automatic system shutdown and fleet management.
Published:Wednesday | October 7, 2015 | 12:00 AMNeville Graham
West Indies Petroleum (WIP) commissioned two barges for its bunkering business on Wednesday at Kingston's Victoria Pier.The barges - WIP Endeavor with a capacity of...
Published:Thursday | October 1, 2015 | 1:05 PMNeville Graham
Jampro turns attention toservices exportsTrade promotion agency, Jampro, has a keen eye on foreign exchange earnings through the export of services. It has always been a part of the agency's mandate, but the vice-president for export and market...
Published:Thursday | September 24, 2015 | 1:23 PMNeville Graham
The second phase of the Revenue Administration Information System (RAiS) will be rolled out on December 7. This, as the tax authorities move to further tighten up tax collection and revenue administration. Meris Haughton, the director of...
Published:Monday | September 28, 2015 | 4:38 PMNeville Graham
Chocolatier Michelle Smith is rolling out a new retail model for her business that will place the distribution of confectioneries made by Chocolate Dreams into the hands of a network of small entrepreneurs.The concept will first be tested in a...
Published:Thursday | September 24, 2015 | 2:17 PMNeville Graham
ATL Automotive, local dealers for Volkswagen and its luxury brand Audi, say they are not affected by the present problems facing the German automaker, which is under fire for rigging emissions tests on diesel vehicles since 2009.Stephen Hector,...
Published:Friday | September 25, 2015 | 12:00 AMNeville Graham
Chairman of LIME Jamaica, now FLOW, and a member of its senior executive team, Chris Dehring, is moving on after six years with the company, effective September 30, 2015. Dehring has decided to return to the forays of entrepreneurship. He was, for...
Published:Monday | September 14, 2015 | 6:49 PMNeville Graham
Golden Grove Sugar Company is spending $120 million on maintenance and packing equipment to ready the St Thomas-based factory to start grinding cane in January 2016.Seprod CEO Richard Pandohie says the company has drawn a line under last year's $800...
Published:Wednesday | September 16, 2015 | 1:19 PMNeville Graham
Chairman of the RJR Group, J.A. Lester Spaulding, is touting international growth for the media company as a beneficial effect of the pending Gleaner/RJR merger, and in line with its 'going global' strategy.More immediately, a more than $600-million...
Published:Wednesday | September 9, 2015 | 5:57 PMNeville Graham
Magna Motors Dealership, the newdealers for Hyundai in Jamaica, has opened a new service centre at Balmoral Road in Kingston from the US$6 million invested so far in setting upbusiness.Magna Motors took over the dealership previously held by Key...
Published:Wednesday | September 2, 2015 | 8:19 PMNeville Graham
Trading company Caribbean Producers Jamaica (CPJ) has cut losses from associated investments as it winds up its involvement in lossmaker Liquid Eggs Limited.The company reported solid sales growth but faced bigger operating costs, which meant the...
Published:Tuesday | September 1, 2015 | 1:51 PMNeville Graham
When representativesof Golden Grove Sugar Company and officials from the Sugar Industry Authority (SIA) sit down at 10:30 a.m. today, they will be signing the documents to give marketing agency status to the estate.It will become the second private...
Published:Wednesday | August 26, 2015 | 12:00 AMNeville Graham
The director general of the Planning Institute of Jamaica (PIOJ), Colin Bullock, is warning of the serious risk posed by the recent spike in murders. He is highlighting the increase in murders along with the impact of drought as two phenomena that...
Published:Monday | August 24, 2015 | 8:26 PMNeville Graham
KLE group's nightclub revenue was down by half at midyear, resulting from the disposal of Fiction Marketplace, but the company's restaurant business increased sales in the same period.The entertainment company's turnover dipped from $116 million to...
Published:Wednesday | August 19, 2015 | 9:05 PMNeville Graham
Everglades Farms, the Hussey-owned operator of Long Pond and Hampden sugar estates in Trelawny, are weighing their options for the up-coming sugar crop.Sources say the Hussey family is contemplating a closure of the Long Pond Sugar Factory, while...
Published:Wednesday | August 19, 2015 | 4:32 PMNeville Graham
EDJ Acquisition, whose bid for Petcom failed to make the cut because it landed late in the tender box, has signalled that it will continue to fight for its bid to be reviewed by divestment agent Development Bank of Jamaica (DBJ), and the enterprise...
Published:Monday | August 10, 2015 | 6:34 PMNeville Graham
Two months into its launch, Corporate Express, a luxury bus service introduced by Constantine 'Charlie' Hinds, appears to have suspended operations on its lone Port Antonio route.The first trip was on June 8, but last week when Wednesday Business...
Published:Friday | August 14, 2015 | 2:19 PMNeville Graham
Jamaica's light and power company is spending up to US$40 million over five years to roll out a smart grid and cut line losses.Last year, the Jamaica Public Service Company Limited (JPS) reported a one per cent decline in sales along with a one per...
