With less than one per cent of the poultry trade throughout CARICOM originating from companies in the region, players in the industry say non-tariff barriers are curtailing their efforts to do more business…
Category: Business & Economy
Guardsman launches new cybersecurity centre
Guardsman Group Limited has launched its new Cyber Secure Operations Centre, SOC, in Kingston, which Group Director of Finance Neil Robinson says was outfitted at a cost of just under US$2 million. “We…
PM wants long term agri-supply contracts to become the norm
Prime Minister Dr Andrew Holness is urging hotel operators to negotiate long-term contracts with farmers who supply them with food produce, saying it would give the farmers security to invest in their operations….
Jamaica’s poultry sector valued at $310b in new study
A new study commissioned by the Caribbean Poultry Association estimates that the sector contributes more than $300 billion to the Jamaica economy, and is in a position to satisfy nearly all of the…
Nissan slashes 15% of global workforce as the Japan automaker sinks into losses
Nissan is slashing about 15 per cent of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping…
US and China reach a deal on tariffs, with a 90-day pause
The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the…
Oran Hall | Regaining control over your finances
All does not have to be lost if you have lost or are losing control over your finances such that you are carrying more debt than is desirable. There are many practical steps…
JPS spending US$300m on renewable energy expansion
Power utility Jamaica Public Service Company, JPS, is investing US$300 million to construct Jamaica’s largest solar power plant and a battery storage facility, starting this month. The renewable energy facility will replace JPS’s…
JamTeas hurt by investment losses, sluggish real estate
A downturn in the local and international equities markets and dogged sluggishness in the real estate market hurt both the top and bottom lines of Jamaican Teas Limited. For the second quarter ended…