Brothers Sean and Nicholas Scott have combined forces to take over one of the largest and fastest-growing segments of Jamaica’s quick-service food industry, having acquired the assets of Convenient Brands Ltd to become…
Category: Business & Economy
Humanoid robots show off language and boxing skills in Hong Kong
A humanoid robot about the size of a primary school student had something to share in Hong Kong – it sang songs and spoke to people in Mandarin and English, answering whatever questions…
Paramount posts higher revenue and profit as hurricane impact fades
Paramount Trading (Jamaica) Ltd reported stronger revenue and profit for its third quarter ended February 28 despite disruptions caused by Hurricane Melissa. “The gross revenue for the current quarter was impacted by the…
Short-term rentals in St Ann earn most, but Kingston dominates listings
Properties listed for short-term rental in St Ann are generating the highest average revenue in Jamaica at around $5 million a year, with Kingston hosting the most active listings on the market, data…
Tankweld secures further court win as FTC report set aside
Tank-Weld Metals Limited has secured another legal victory against the Fair Trading Commission (FTC), with the Supreme Court agreeing to hear the company’s challenge to a disputed report while barring the regulator from…
Oil found in seabed samples off Jamaica’s southern coast, survey shows
United Oil & Gas Plc has confirmed the presence of oil indicators on the seabed floor offshore Jamaica following a recent survey.
Melissa-related disruptions cut Montego Bay arrivals; Kingston posts modest gain
Passenger arrivals at Jamaica’s two international airports declined in March, reflecting shocks from Hurricane Melissa at Sangster International Airport in Montego Bay, according to new disclosures by airport operator Pacific Airport Group (GAP).
US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years
US applications for unemployment benefits rose last week before Iran, Israel and the US announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture. The number…
Lee-Chin wins US court confirmation of DR arbitration award
A US federal court has confirmed a US$43.7-million arbitration award in favour of Jamaican-Canadian investor Michael Lee-Chin, rejecting the Dominican Republic’s bid to overturn the ruling. US District Judge Colleen Kollar-Kotelly of the…
Seeing Jamaica’s centenary in 2062 – Part II
Two reports about recent speeches in this newspaper were the stimuli. The first was made by Montego Bay Chamber of Commerce and Industry President and entrepreneur, Jason Russell. State Minister in the Ministry…