Sat | Apr 20, 2019

Business

Kevin Donaldson , CEO of Sagicor Investments Jamaica Limited.

Financial conglomerate Sagicor Group Jamaica has bundled its holdings in financial stocks into a single entity, Sagicor Select Funds Limited, which it aims to float on the stock market as an exchange traded fund or ETF. It’s one of two ETFs that...
Jeffrey Hall, CEO, Jamaica Producers Group Limited.

Wisynco Group is buying a stake in the snacks business owned by Jamaica Producers Group, a deal that is meant to drive distribution of the products in existing and new markets. The $720-million transaction for 30 per cent of JP Snacks Caribbean...
Photo by Albert Ferguson 
Prime Minister Andrew Holness (centre, blue suit), other Jamaican officials and officials of Amaterra Group participate in the groundbreaking ceremony for the 8,000-room resort on Friday, April 12.

Investors Keith and Paula Russell have joined with principals in a Qatari firm to deliver a 8,000-room, all-inclusive beachfront resort development in Duncans, Trelawny, for which ground was broken on April 12. Designed in the form of a township,...

Apple and mobile chip maker Qualcomm have settled a bitter financial dispute centred on some of the technology that enables iPhones to connect to the Internet. The surprise truce announced Tuesday came just as the former allies-turned-antagonists...

Industrial production in the United States fell in March, pulled down by a drop in mining output. Factory output remained weak amid a slowing global economy and trade tensions with China. The US Federal Reserve says industrial output – combining...

Jamaica’s most populous fast food enterprise KFC is about to get bigger, and its boss, Mark Myers, is looking to add new enticements to the product line up in its stores, possibly through a new franchise arrangement. Restaurants of Jamaica, ROJ,...

The global nutraceuticals market is reported to be valued at in excess in US$200 billion with projections that it will top US$300 billion in the next five years, pushed by changing population, health and dietary trends. Those numbers underpin the...

OP-ED CONTRIBUTION: EMERGING MARKET ADVISER Today, we remain off-piste, treading in another non-market topic. Last month’s college admission scandal in the United States raised hackles from coast to coast. It suggested the spectre of corruption in...

The Statistical Institute of Jamaica on Tuesday released new data on ­inflation which shows that the indicator is moving significantly for the first time in seven months, giving some hope that the central bank may meet its inflation target by June...

The Jamaican economy created nearly 29,000 jobs in the quarter ending January, and women were the main beneficiaries. But men still command most of the jobs in the overall economy. In the latest Labour Force Survey released Tuesday by the...
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