Food distributor Everything Fresh Limited, EFresh, has shifted a sizeable portion of its inventory from its headquarters in Kingston to Bog Walk, St Catherine, in a restructuring exercise that’s aimed at driving down…
Category: Business & Economy
New owners to incorporate Jamalco in hunt for capital
The partners in Jamalco refinery in Clarendon want to refocus on incorporating the alumina company prior to approaching the capital markets for financing. The plan is to do so before starting new investment…
Jamaica Could Become a Powerhouse in the Beauty Industry
International Business Development Executive P. Falasha Harrison believes that Jamaica is sleeping on its potential in the global Beauty and Wellness Industry. That, as a country, we need to carve out a niche…
Russia agrees to extend Ukraine grain deal in boost for global food security
Russia agreed to extend a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger, Turkish President Recep Tayyip Erdogan announced Wednesday, a…
Gas prices going up Thursday
Motorists will pay $3.06 more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $167.39 per litre and a litre of…
Cashless society — underpinned by technology
UNRELIABLE technologies and a lack of confidence in the banking sector have been cited as the reasons Jamaicans are opting out of holding their funds digitally. Consumers and merchants alike, on a daily…
Top trends in the fintech space
Today , May 17, marks the annually observed World Telecommunications and Information Society Day (WTISD). Now in its 17th year, WTISD has helped to raise awareness of the possibilities that the use of…
Palace keeps the show going after 100 years
AS the country’s sole cinema operator Palace Amusement Limited has had to, for over a century, keep patrons entertained through the big screen, but not without its fair share of transitions and challenges…
TransJamaica Highway moves to amend articles for potential share buy-back
TransJamaica Highway Limited (TJH) is looking to ask its shareholders at its June 30 annual general meeting (AGM) to approve amendments to its articles of incorporation surrounding share buy-backs and directors’ age limitation….
Sagicor Real Estate X Fund charting new future
FOLLOWING the deconsolidation from Sagicor Group Jamaica Limited (SJ) at the end of September, Sagicor Real Estate X Fund Limited is now planning its next moves with an independent board and $7.38 billion…