After a two-year pause on the buildout of factory space in White Marl, St Catherine, to facilitate research into bamboo housing, Chairman of the Bamboo Industry Association of Jamaica, BIAJ, Robert Rainford says…
Category: Business & Economy
Dubai courted for cruise
TOURISM Minister Edmund Bartlett is trying to woo DP World, a multinational port operator, to look to Jamaica’s cruise shipping industry for opportunities that will lead to it investing in the island. Bartlett,…
Debt options abound but can Biden, McCarthy strike a deal?
THE White House and Congress could strike a deal to raise the debt ceiling in exchange for budget cuts. Or they could agree to a stopgap measure to keep paying the nation’s bills…
Seprod almost triples Q1 earnings
CONTINUED growth across its business helped to almost triple earnings for manufacturing and distribution giant Seprod Limited, which reported profits of approximately $1.4 billion at the end of its first quarter (Q1) ended…
Trade deficit at new record
JAMAICA’s trade deficit reached a record US$6 billion in 2022 as the prices of imported fuel and raw materials surged last year in the aftermath of Russia’s invasion of Ukraine. The higher prices…
US proposing new rules for airline cancellations, delays
The Biden administration is working on new regulations that would require airlines to compensate passengers and cover their meals and hotel rooms if they are stranded for reasons within the airline’s control. The…
Advertorial | Are we fooling ourselves about Salvation?
The Bible teaches that we are saved by grace through faith – “by grace are ye saved through faith” (Eph. 2:8). Somehow, this seems to have become “grace and grace alone” rather than…
De-dollarisation
The dominance of the US dollar has been a hot topic in recent weeks. The consensus is that in the long term there may be a trend toward currency diversification. However, the dollar…
Oran Hall | Setting up a trust
QUESTION: I read your article in The Gleaner on setting up a trust, but you never went into detail. I don’t know if I can do it myself like I registered my company,…
Cedric Stephens | New road traffic rules, child seats and motor insurance
Jamaica is the only country that dedicates an entire month – May – to activities focusing on children. A Jamaican paediatrician, Dr Cecily Williams, actively promoted the idea. She was globally recognised for…
