C hairman of Consolidated Bakeries (Jamaica) Limited (CBL) Anthony Chang believes that the company’s strategies are paying off with the results being a significant increase in revenues and a return to profitability after…
Category: Business & Economy
FosRich lights up first quarter performance
After surpassing the billion-dollar mark in quarterly revenues for the first time ever during the January-March period, lighting, electrical and solar energy products distributor FosRich Limited said it remains on the hunt for…
Girls Shine on ICT Day
Communications and entertainment provider Flow created an immersive experience for over 200 girls from 18 high schools across the country in recognition of Girls in Information, Communication and Technology (GIICT) Day. Joining the…
Public sector’s shifting priorities
THE main concern affecting finance professionals in the public sector is how the pressure on public finances, coupled with rapidly rising inflation globally, is limiting their ability to respond to demand for salary…
Pure Chocolate begins exports to the Netherlands
Ocho Rios-based Pure Chocolate Company has begun exporting to the Netherlands. The award-winning tree-to-bar chocolate manufacturing outfit owned and operated by husband and wife team, Wouter Tjeertes and Rennae Johnson, shipped its first…
From farm to spoon
WHEN Larry Gardener decided to go into early retirement and returned to Jamaica eight years ago, little did he know he would be building a brand that would be growing nationally, while being…
Indies Pharma anticipates year-end FDA approval for new drugs
Pharmaceutical distribution company Indies Pharma Jamaica Limited is looking to secure approval from the US Food and Drug Administration (FDA) for at least one, if not both, of its new generic drugs being…
Cash vs cashless
GOING cashless could reduce crime, provide greater financial inclusion, and help economic activity to be better measured, according to an economist lecturer. “There’s money in the economy that we don’t necessarily know, so…
Security and fraud prevention
MOVING into a digital society with a population that is not cyber aware or cyber secure can open up the potential for more cyber fraud attacks. “When it comes to cyber securing, phishing…
Electronic payments lacking interoperability
MOBILE wallet and payment systems are still lacking on the interoperability side but are winning financial inclusion for the unbanked. As more electronic payment and wallet systems come on-stream, the question of how…
