Category: Business & Economy

European milk and cheese producers have become the latest target in a simmering trade war with China. The Chinese Commerce Ministry said on Wednesday that it would launch an investigation into subsidies given…

After adding new cars to its offerings to entice increasingly reluctant used car buyers, auto trader Jetcon Corporation Limited is mulling the possibility of pulling out of the used car market altogether. Three…

Proven Group Limited posted a loss after being pulled down by its associate company JMMB Group, which in turn was impacted by its associate Sagicor Financial Company. “The board has decided not to…

The Bank of Jamaica (BOJ) has reduced its benchmark policy rate by 25 basis points for the first time in almost three years, bringing the rate to 6.75 per cent per annum. This…

American billionaire Carl Icahn and his company were charged by regulators in the United States with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises…

A 300-acre coconut farm is being established in St Thomas by an unnamed large investor, Minister of Agriculture and Fisheries Floyd Green has disclosed. Meanwhile, the largest coconut farm in Jamaica, also in…

Blue Emerald, a manufacturing affiliate of FosRich Company Limited, has secured a contract to make transformers in Jamaica, deepening its operations that to now has dealt with repairs of the equipment for key…

Jamalco has resumed full production despite its declaration of force majeure due to damage caused by Hurricane Beryl at its Rocky Point port facility in Clarendon. “Jamalco produced at its targeted 1.2 million…

Regency Petroleum Company Limited, RPL, is looking towards leasing and franchising arrangements to grow the business, now that it has four petrol stations fully operational and another, though delayed, expected to start pumping…

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