Tue | Oct 16, 2018

Business

Published:Sunday | October 14, 2018 | 12:00 AMNeville Graham

Having set up a new factory in central Jamaica a year ago, Sweetie Confectionery Company is looking to go deeper into exports in multiple markets.Key to its latest initiative is a partnership with fellow angel-financed company Billodex through which...

Published:Sunday | October 14, 2018 | 12:00 AMSteven Jackson

Tech start-up SiFi Studios Jamaica Limited has developed a mobile app that allows real estate agents to list properties on a platform called Keez.It requires agents to sign up to list properties on the market. When prospective buyers click on the...

Published:Sunday | October 14, 2018 | 12:00 AM

Question: Some insurance companies are owned and/or controlled by entities that run banks and other financial services providers. Some banks also own insurance companies. Loans are often tied or 'married' to the products of one insurer. Consumers do...

Published:Sunday | October 14, 2018 | 12:00 AM

QUESTION: Yaneek, I enjoy your articles and learn so much from you. I have a small salon and my prices stay the same since I opened in 2016, but the cost of living is going up every day now. All hair products, the light bill, water rate, transport...

Published:Sunday | October 14, 2018 | 12:00 AM

Automakers are continually making changes in vehicles.These can be technological breakthroughs such as the automatic emergency-braking systems that are increasingly becoming standard on new cars. Some are mandated changes such as a federal...

Published:Sunday | October 14, 2018 | 12:00 AM

QUESTION: I am currently in debt for a total of $1.2 million, which is spread across three financial institutions. My credit score is the lowest. I earn $106,000 net per month. My bus fare for work is $30,000 per month, and I have two children, ages...

Published:Sunday | October 14, 2018 | 12:00 AM

For most citizens, international organisations such as the World Trade Organization or WTO, the G20, and even the International Monetary Fund, IMF, have little immediate significance.Like all remote international institutions and groupings, they...

Published:Friday | October 12, 2018 | 12:05 AM

Just shy of a year as head of the number two banking conglomerate, Scotia Group Jamaica Limited, David Noel is banking on wringing greater efficiency from core business,​ ploughing more investments into technology and targeting what he reckons is a large pool of unbanked persons to improve the company’s bottom line, while making banking less painful for customers...

Published:Friday | October 12, 2018 | 12:00 AM

American company Phoenix Tower International will continue its growth spurt in the region with more than 6,000 towers under management, a near-fourfold increase in a year.The company, based in...

Published:Friday | October 12, 2018 | 12:00 AM

The Court of Appeal has ordered a new trial in a lawsuit filed 13 years ago by businessman Richard Lake that was initially decided in favour of National...

Published:Friday | October 12, 2018 | 12:00 AM

Top company executives expect business conditions to improve over the next 12 months, but their optimism about the future is at its lowest levels in three years, according to the Inflation Expectation...

Published:Friday | October 12, 2018 | 12:00 AM

Sol Investments Limited, the largest independent fuel marketer in the Caribbean, controlled by Kyffin Simpson, has joined forces with Parkland Fuel Corporation, an independent marketer of fuel and petroleum...

Published:Friday | October 12, 2018 | 12:00 AM

Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there.Years later, it's no joke. The tomato and pepper plants...

Published:Friday | October 12, 2018 | 12:00 AM

The United States Treasury Department issued new rules on Wednesday on foreign investments into American companies that will give the government more power to block foreign transactions on national...

Published:Friday | October 12, 2018 | 12:00 AM

In a country with no opinion polls, campaigns or independent mass media, a series of meetings on reforming Cuba's constitution has spawned a highly unusual debate on the island's political...

Published:Friday | October 12, 2018 | 12:00 AM

Across Latin America, prosecutors have been pressing charges in recent years against politicians accused of corruption in the scandal involving Brazilian construction giant Odebrecht, which...

Published:Friday | October 12, 2018 | 12:00 AM

Fresh on the heels of last week's launch of its Texgas liquid petroleum gas, or LPG, for automobiles, GB Energy Jamaica, the local operators of the...

Published:Friday | October 12, 2018 | 12:00 AM

Stocks slumped for a second straight day as the US market endured its most volatile stretch since February.The Dow Jones industrials fell 545 points, or 2.1 per cent, to 25,052.83, and the benchmark S...

Published:Thursday | October 11, 2018 | 12:00 AM

China promised Tuesday not to weaken its currency to boost exports during a tariff fight with Washington and rejected United States concern about the yuan's sagging exchange rate as groundless and irresponsible.Beijing has no intention of using "...

Published:Wednesday | October 10, 2018 | 12:00 AMSteven Jackson/Senior Business Reporter

The maker of Tru-Juice, Trade Winds Citrus Limited, sold $3.3 billion worth of goods to exclusive distributor Wisynco Group, according to financial disclosures made by the latter company to the market.Trade Winds is now ramping up exports with a...

Published:Wednesday | October 10, 2018 | 12:00 AMNeville Graham/ Business Reporter

Situating his business at Dunoon Road near to some of the toughest neighbourhoods in east Kingston is but one of the many decisions that entrepreneur Kevin Frith has taken "against the grain".Since prematurely leaving Dunoon Technical High School in...

Published:Wednesday | October 10, 2018 | 12:00 AM

The International Monetary Fund (IMF) is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade.The IMF said Monday that the global economy will grow 3.7 per cent this year, the same as in 2017,...

Published:Wednesday | October 10, 2018 | 12:00 AM

Beverage maker and distributor Wisynco Group Limited will build its own energy plant at its complex in St Catherine, to be run on liquefied natural gas or LNG.Wisynco Chairman William Mahfood said it would be a 2 megawatt plant that would take eight...

Published:Wednesday | October 10, 2018 | 12:00 AMNeville Graham/ Business Reporter

Sterling Investments Limited's shareholders voted overwhelmingly to approve an increase in the company's share capital, a rights issue and a five-for-one stock split at an extraordinary general meeting on Monday.In excess of 90 per cent of the votes...

Published:Wednesday | October 10, 2018 | 12:00 AM

Real estate and investment conglomerate PanJam Investment Limited has acquired a 25 per cent stake in Williams Offices (Caribbean) Limited, which operates the Regus franchise in the Caribbean.PanJam remained in negotiations for months in an attempt...

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