Digital wallet firm Lynk made its debut as an exhibitor of the Jamaica Manufacturers and Exporters Association (JMEA) EXPO Jamaica last weekend to officially launch its LynkBiz merchant platform to the public, partnering…
Category: Business & Economy
JPS rakes in US$1b in 2022
The Jamaica Public Service Company (JPS) is reporting revenues of more than US$1 billion in 2022, as demand recovered from the COVID-19 slump at a time when electricity prices reached the highest they…
CFF digi-sights and smells
Through virtual reality operations, patrons of the Caribbean Flavours and Fragrances Ltd (CFF) booth at the Jamaica Manufacturers and Exporters Association (JMEA) EXPO Jamaica were immersed into a simulated experience of computer-generated visuals…
Chinese electric vehicle brands expanding to global markets
Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favourite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto…
World Bank says war shocks to drag on Asian economies
BANGKOK, Thailand (AP) – ” Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months,…
Bahamas central bank predicts economic growth of four per cent this year
NASSAU, Bahamas, CMC — Governor of the Central Bank of The Bahamas (CBB) John Rolle says preliminary indications are that the local economy is continuing to expand at a “healthy pace” in the…
Jamaica to go nuclear
Prime Minister Andrew Holness has signalled the intentions of the Government to integrate nuclear energy in the country’s energy mix. Speaking at the opening ceremony of Expo Jamaica 2023 last week Thursday, April…
Lydford Mining partners with American company Vulcan to triple exports
Lydford Mining has entered into a sales arrangement with Vulcan Materials, one of the largest producers of construction aggregates in the United States, an agreement that’s poised to triple the amount of aggregates…
Berger Paints targets doubling capacity
Following flat sales growth in 2022 and the inflationary impact on earnings, Berger Paints Jamaica Limited will be retooling its operations as it plans to double its capacity and improve its plan to…
