The Port Authority of Jamaica (PAJ) continues to benefit from an increase in regional nearshoring activities, with the handling of trans-shipment containers accounting for approximately 85 per cent of the total 20-foot equivalent…
Category: Business & Economy
Zoetry Montego Bay: An international brand focused on Jamaican culture
Zoetry Montego Bay (Zoetry), a luxury boutique resort and part of the Hyatt Inclusive Collection of Hotels, opened seven years ago at Rose Hall in St James. And despite being a foreign-owned hotel,…
Scotia Group Jamaica achieves historic earnings
SCOTIA Group Jamaica Limited (SGJ) was able to deliver its highest net profit to date of $17.23 billion (CA$151.50 million) as all its business lines grew, with it bringing in over $40.84 billion…
Holiday crowds expected to be even bigger than last year
More Americans are expected to fly or drive far from home over Christmas than did last year, putting a cap on a busy year for travel. Auto club AAA forecast Monday that 115.2…
Mayberry Jamaican equities touting value on market projections
Predicting a possible lowering of interest rates come 2024 and an uptick in the stock market, fund manager at Mayberry Jamaican Equities (MJE), Gary Peart, is touting MJE stock as “the only Jamaican…
Chukka selling fun with facts at Seville
Chukka Caribbean, which operates tour attractions, received three planning approvals to deepen its heritage eco-tourism operations at Seville in St Ann. In fact, Seville is the area where Tainos met Europeans and Africans….
EPOC chair welcomes income tax review proposal
Chairman of the Economic Programme Oversight Committee (EPOC) Keith Duncan says that calls for the Government of Jamaica (GOJ) to increase the personal income tax threshold, as first proposed by the Caribbean Policy…
We are concerned
MEMBERS of Jamaica’s private sector say they are getting increasingly concerned that the border dispute between Guyana and Venezuela could soon start having an impact on companies that are either already doing business…
Caribbean Airlines expanding call centre team in Jamaica
Caribbean Airlines, which has invested in new planes, new routes, new destinations, and has upgraded cargo and in-flight commerce, is seeking a bigger support team to sell its flight product. Consequently, the airline…
Mother’s transforming to food company
Hiring ads for fast-food company Mother’s have been popping up recently on multiple channels. Managing Director Sheldon Seymour says it is part of a non-stop expansion push that began with the change in…