Now controlling 70 per cent of Catherine Peak and 100 per cent of 876 spring water brands, food and financial services group GraceKennedy Limited (GK) is looking to further grow its two line…
Category: Business & Economy
Caymanas Park profitable and expanding opportunities
Supreme Ventures Racing & Entertainment Limited (SVREL) turned a profit from the loss-making Caymanas Track Limited (CTL) as it looks to expand the earning potential of the horse racing track locally and internationally….
GK scans its business for more ways to grow bottom line
GraceKennedy Group CEO Don Wehby continues to scan the food and financial services conglomerate for ways to combat expenses and supply chain snarls. In the meantime, it’s investing in technology and production upgrades…
US, Europe working on voluntary AI code of conduct as calls grow for regulation
The United States and Europe are drawing up a voluntary code of conduct for artificial intelligence, a top European Union official said Wednesday, as the developing technology triggers warnings about the risks it…
Palace eyes record summer
WITH the impending roll-out of its new and upgraded mobile app, website to drive efficiency, and the line-up of a number of blockbuster movies, cinema company Palace Amusement Limited is looking to have…
Economy grows 2.7 per cent Jan-Mar
As the local economy continues its growth momentum, now above that of pre-pandemic levels, the Planning Institute of Jamaica (PIOJ) in its latest preliminary estimates has reported real value-added for gross domestic product…
PIOJ: Skilled workers needed to grow above 1%
Jamaica grew for eight consecutive quarters to pull itself out from under the coronavirus, but planners want a larger skilled workforce to guard against a return to low growth. The economy grew 2.7…
Sand theft precautions at Harmony Cove megaresort site
Concerns about preventing sand theft and squatting have surfaced on lands set for resort development next year by government-led Harmonisation Limited. The company is seeking drones and security guards to canvas the 2,400…
Flow inspires girls in ICT
Inspiration comes in various forms and leading communication and entertainment provider, Flow, took several approaches to inspire young girls during its recent Girls in ICT (GIICT) Day activities. The GIICT Expo was its…
Blue economy focus
Efforts to strengthen the country’s blue economy were recently validated by stakeholders which have confirmed that there are immense opportunities available for exploitation in the area. The blue economy considers livelihoods and enterprises…