Wisynco Group Limited is expected to nearly double its monthly production by February as it brings new production lines on stream in a bid to expand its product range and meet the rising…
Category: Business & Economy
Weatherproofing your portfolio
THE last few weeks have been quite traumatic for us Jamaicans. First, we were very shaken up by an earthquake, which followed on the heels of the one experienced in September, then just…
iCreate board decimated, outgoing chairman holds no grudges
Shareholders and axed directors were left stunned as former CEO, Tyrone Wilson, staged a surprise return to the board of beleaguered technology company, iCreate. Wilson’s return has been accompanied by the removal of…
New ginger-ginseng tea hits the market
THE first locally manufactured tea with ginseng has hit the market. Shavuot International raised the curtain on its latest masterpiece, “Boost” tea, at an exclusive product launch event last Friday in St Mary….
Seprod doubling down on exports to hit new revenue target
Seprod Limited plans to become a US$1-billion, revenue-generating company in about two years, which requires doubling its annual sales. The food manufacturing and distribution company, which produces brands such as Chiffon margarine, Betty…
Wisynco upsizes expansion project
The first of five new production lines being installed under a multibillion-dollar expansion project by beverage manufacturer and consumer products distributor Wisynco Group Limited, was commissioned into operation on Tuesday. The new sweet-…
Expect delays
CONSUMERS shipping packages through local courier companies are likely to experience delays over the upcoming festive season, as couriers grapple with pressures from a surge in e-commerce volumes extending from the Black Friday…
Digicel Group appoints new chairman
Digicel Group has announced the appointment of Rajeev Suri as chairman designate of the telecommunications and digital services conglomerate, which operates in 25 markets across the Caribbean and Central America. Suri will replace…
Mastercard touts rise in card payments across LAC
FLORIDA, United States — Despite an uptick in digital payment solutions, global technology company Mastercard has said that the use of cards for purchases continue to rise among customers in Latin America and…
OECD: World economy will slow next year due to inflation, high rates and war
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organisation for Economic…