Published:Tuesday | October 25, 2016 | 12:00 AMTameka Gordon
Jamaican Teas Limited has sold its stake in the Bay City Supermarket, based in Montego Bay, marking its second disposal of a retail holding this month.The beverage company is also selling its Shoppers Delite operation in Westmoreland.Both...
Published:Tuesday | October 25, 2016 | 12:00 AMTameka Gordon
The Supreme Court has ordered air-conditioning firm CAC 2000 Limited to pay damages that equate to more than $55 million, plus interest, to X-Ray and Diagnostic Ultrasound Consultants.CAC 2000 said in a market filing that judgment in the decade-old...
Published:Friday | October 14, 2016 | 12:00 AMTameka Gordon
National Commercial Bank Jamaica (NCB) has acknowledged an increase in incidents where its automated banking machines (ABMs) have been capturing customers' cards, but says it is making headway on resolving the issues.Customers have reported several...
Published:Wednesday | October 12, 2016 | 12:00 AMTameka Gordon
The amalgamated operations of Radio Jamaica Limited and its newest subsidiary The Gleaner Company (Media) Limited will focus on several key areas to generate growth, among them the...
Published:Tuesday | October 11, 2016 | 12:00 AMTameka Gordon
Jamaican Teas is about to dispose of its loss-making retail holding, the Shoppers Delite outlet based in Westmoreland, the sale of which should be finalised by month end, according to CEO John Mahfood.Bay City Foods, another supermarket in which...
Published:Tuesday | October 4, 2016 | 12:00 AMTameka Gordon
Victoria Mutual Building Society (VMBS) has made adjustments to its internal structure to present itself in a more modern frame, says Courtney Campbell, who now holds the title of group...
Published:Thursday | October 6, 2016 | 12:00 AMTameka Gordon
With the growing list of registered businesses, the Companies Office of Jamaica (COJ) has set up a regional branch to serve western parishes, says CEO and registrar of companies...
Published:Tuesday | September 27, 2016 | 12:00 AMTameka Gordon
Macau Gaming Lounge and Bar has had its bank accounts closed in what is being seen as the continued fallout from de-risking by foreign banks, and regulators of...
Published:Thursday | September 29, 2016 | 12:00 AMTameka Gordon
Blue Power Group Limited, a lumber trader and soap maker, is hoping to increase distribution of its soap lines through online channels, if a deal to have its products added to a foreign web...
Published:Thursday | September 22, 2016 | 12:00 AMTameka Gordon
A new gaming regulatory body, whose remit will include help for gambling addicts, is under consideration.Speaking at the 2016 Gaming Industry Summit in Kingston last Thursday, Minister of Finance Audley Shaw proposed a full review of the role and...
Published:Friday | September 23, 2016 | 12:00 AMTameka Gordon
Usain Bolt is spending over $10 million to set up a razor blade business called Champion Shave and is now actively seeking retailers to push the products into three markets.The Olympian and sport celebrity is tapping a current trend in men's...
Published:Wednesday | September 21, 2016 | 12:00 AMTameka Gordon
Trinidadian paint company Kaleidoscope Paints Limited is hoping to re-enter the Jamaican market and is actively recruiting franchisees to produce and...
Published:Thursday | September 22, 2016 | 12:00 AMTameka Gordon
Moves by local and international banks to de-risk by shedding correspondent banking relationships could push the local economy, and in particular, the gaming...
Published:Thursday | September 15, 2016 | 12:00 AMTameka Gordon
Flow Jamaica has informed the Office of Utilities Regulation (OUR) that it will no longer host a centralised emergency operator service through its network. Instead, it wants all telecoms providers to offer the service to their own subscribers.As it...
Published:Thursday | September 8, 2016 | 12:00 AMTameka Gordon
The Praedial Larceny Unit is to be expanded to an islandwide outfit, the Ministry of Industry, Commerce, Agriculture and Fisheries has said.With some $5 billion to $6 billion lost annually to thieves of agricultural products, Minister Karl Samuda,...
Published:Wednesday | September 7, 2016 | 12:00 AMTameka Gordon
Carreras Limited has launched a pilot project to create a raw tobacco, or 'grabba' product, as traction in that segment of the market where use of the raw leaves...
Published:Thursday | September 1, 2016 | 12:00 AMTameka Gordon
Jamaica Producers Group is investing in cold storage for fresh fruit, alongside restructuring of the food operations - all part of a $200-million programme.The conglomerate's newly created JP Tropical Group, which incorporates JP Snacks, JP Farms,...
Published:Tuesday | August 30, 2016 | 12:00 AMTameka Gordon
Randy McLaren is hoping to capitalise on back-to-school shopping for his brand of locally made school bags branded Bresheh, a market the young businessman puts at US$1.5 million...
Published:Thursday | September 1, 2016 | 12:00 AMTameka Gordon
Jamaica Producers Group Limited has folded all its Caribbean food subsidiaries into a newly created unit, the JP Tropical Group (JPTG), and has appointed...
Published:Friday | August 26, 2016 | 1:50 PMTameka Gordon
Newly appointed head of the Private Sector Organization of Jamaica (PSOJ), Paul B. Scott, says leveraging the benefits of the Caribbean Community (CARICOM) membership will form part of his objective as the new leader of the private sector body.Scott...
Published:Tuesday | August 23, 2016 | 12:00 AMTameka Gordon
Chairman and founder of Dolphin Cove, Stafford Burrowes, says the company will likely bump up plans for expansion to St Lucia as its first regional park over the Turks and Caicos Islands (TCI) for which it has been trying for some time to obtain...
Published:Tuesday | August 16, 2016 | 12:00 AMTameka Gordon
The Development Bank of Jamaica (DBJ) has found a new investor for the remaining Montpelier lands, Jamaica Green Botanicals Producers Company Limited, which will lease the...
