Fri | Jul 19, 2019

Business

Jamaica World, a local industrial development start-up, has partnered with a global contract mining company out of Spain, called EPSA, for the development of a limestone-processing operation near Rio Bueno. The start-up, which plans to operating...
The GWest medical centre in Montego Bay.

Medical centre operator GWest Corporation, which is grappling with the concerns of its auditors about its losses and financial health, has received accreditation for two of its service units, which it expects will serve to bring in new business....
Kevin Richards, CEO of Kingston Properties Limited.

Real estate investment trust Kingston Properties Limited is going after new property purchases in Jamaica and Cayman Islands, while simultaneously disposing of up to another five condominiums in Florida that have been put up for sale. The new...

Europe’s biggest airline, budget carrier Ryanair, will cut flights and close some of its bases beginning this winter because of the delay to deliveries of the Boeing 737 Max plane, which has been grounded globally after two fatal crashes. The...

Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like Facebook’s Libra should not be allowed before “serious regulatory and systemic concerns” are put in check. France, which this year...

Iranians feeling the squeeze from American sanctions targeting the Islamic Republic’s ailing economy are increasingly turning to such digital currencies as bitcoin to make money, prompting alarm in and out of the country. In Iran, some government...

The United States Federal Reserve’s latest nationwide survey, released on Wednesday, reveals that despite growing worries about the impact of President Donald Trump’s trade battles, the overall economy remained solid. The Fed said that many of its...

Year-old plans to combine Clarendon Alumina Production, CAP, and Jamaica Bauxite Mining Limited and float the merged business on the stock market may have hit a snag related to CAP’s chief asset, Jamalco, which itself was part of a separate...

The initial public offering of shares in the Eppley Caribbean Property Fund Limited SCC-Value Fund has been extended by two weeks, but the fundraising target is so far unchanged at $4.5 billion. Eppley Caribbean Chairman Nicholas Scott says the...

AMG Packaging and Paper Company Limited has received approval from its board of directors to seek funding for the development of an adjoining property to its business place, which it acquired last year. The cardboard paper maker currently operates...
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