Published:Monday | April 10, 2017 | 12:00 AMSteven Jackson
Fly Jamaica Airways said that the number of passengers choosing the airline increased by nearly a half over the past year allowing the airline to hold its own, according to...
Published:Tuesday | April 11, 2017 | 12:00 AMSteven Jackson
Jamaicans are becoming more indebted with their ability to service loans at the worst level in a decade, even after factoring for central bank revisions.Roughly $5.40 of every $10 of household...
Published:Tuesday | April 18, 2017 | 8:20 AMSteven Jackson
PriceSmart Inc reported increased sales for its Jamaican store in its February second-quarter 2017 but remains mum on possible expansion plans.Contrastingly, sales throughout the Caribbean are mostly down weighed heavily by economic difficulties in...
Published:Friday | April 7, 2017 | 12:00 AMSteven Jackson
FLOW Jamaica has hiked the price of its cheapest two-day prepaid mobile data package by 200 per cent in the span of a year, a Gleaner Business review shows.Last week, the telecoms company announced adjustments in its data prices, the third in 12...
Published:Thursday | April 6, 2017 | 12:00 AMSteven Jackson
Jamaica reduced its oil import bill by US$242 million ($30 billion) last year, which helped to slash the trade deficit by nearly nine per cent, according to new data from Statin.Motorists are, however, only partially benefiting from the price drop...
Published:Wednesday | April 5, 2017 | 12:00 AMSteven Jackson
New Age Beverage, based in the United States, announced that it acquired the assets of Marley Beverage Company, a fast-growing brand on a path to hit US$15 million...
Published:Thursday | April 6, 2017 | 12:00 AMSteven Jackson
Food manufacturing and distribution conglomerate Seprod Limited on Thursday described its outlook as positive, with plans to spend hundreds of millions on new...
Published:Monday | November 28, 2016 | 12:00 AMSteven Jackson
Jamaica Stock Exchange (JSE) Group has reshaped its management structure, giving Marlene Street Forrest an upgraded title and a seat on the board.The changes, effective Monday, April 3, also sees Street Forrest giving up duties as company secretary...
Published:Tuesday | April 4, 2017 | 12:00 AMSteven Jackson
ISP Finance Services Limited, a microlender that now turns over $230 million annually, is expecting to score new business fuelled in part by consumer and business confidence, and grow its top line.But that is as far as CEO Dennis Smith would go in...
Published:Tuesday | April 4, 2017 | 12:00 AMSteven Jackson
Jamaica can expect oil prices to trend towards US$60 a barrel and remain there for the foreseeable future, according to Fadel Gheit, managing director at Oppenheimer...
Published:Monday | March 27, 2017 | 12:00 AMSteven Jackson
Jamaica has felt the brunt of many storms, some with deadly effect, but one of the most devastating and economically disruptive was Hurricane Gilbert.So when...
Published:Thursday | March 30, 2017 | 12:00 AMSteven Jackson
As the competition spikes in the wealth management market, Scotia Investments Jamaica Limited (SIJL) is indicating that it plans to protect its own flank by focusing on...
Published:Wednesday | March 22, 2017 | 12:00 AMSteven Jackson
Jamaica improved six spots to 92 worldwide to become a global case study for energy diversification, according to the annual study produced by the World Economic Forum (WEF).Trading partner and oil-producer Trinidad...
Published:Tuesday | March 28, 2017 | 12:00 AMSteven Jackson
The Ministry of Tourism wants to raise the profile of Devon House among food enthusiasts, while also creating a series of culinary tours across Jamaica in a bet that the country's gastronomic delights, and its rum, can draw additional business from...
Published:Thursday | March 23, 2017 | 12:00 AMSteven Jackson
A weekend jaunt into the foothills of the Blue Mountains by hiking or off-roading enthusiasts, coffee aficionado and gourmands who like food served in nature's cradle is a well-known pastime of Kingston's adventure seekers.They don't see a lot of...
Published:Friday | March 3, 2017 | 12:00 AMSteven Jackson
Scotia Investments Jamaica Limited (SIJL) defended its return on equity, or ROE, which at nine per cent was its second-lowest in a decade, saying the outcome...
Published:Tuesday | March 21, 2017 | 12:00 AMSteven Jackson
Happiness in Jamaica worsened by three spots to rank 76 globally among 155 nations, according to the World Happiness Report 2017 released this week.The...
Published:Monday | March 20, 2017 | 12:00 AMSteven Jackson
Felicitas Limited and the H10 Hotel Group will upsize their planned hotel development by 45 per cent to just over 1,250 rooms in Trelawny.They want to start the development by midyear after recently submitting an Environmental Impact Assessment, or...
Published:Monday | March 13, 2017 | 12:00 AMSteven Jackson
Brokerage firm Stocks & Securities Limited (SSL) sold 35 million shares held in Jamaica Stock Exchange Group (JSEG), operator the local stock market, which appeared to have been bought up by two Sagicor affiliated entities...
Published:Wednesday | March 15, 2017 | 12:00 AMSteven Jackson
Stony Hill Corporation, founded by musician Damian Marley, disclosed its strategy behind acquiring a stake in Israeli-based Cannabi-Tech this week.The US-based...
Published:Thursday | March 16, 2017 | 12:00 AMSteven Jackson
Sagicor Group Jamaica, under new executive leadership, will look to expand within the Spanish-speaking Caribbean while seeking out a wider clientele...
