Category: Business & Economy

The Urban Development Corporation, UDC, has begun groundwork for the sale of roughly 108 acres of Caymanas Estate lands, all of which is slated for light commercial development. So far, the state agency…

The National Water Commission, NWC, is projecting a $3.9 billion surplus this fiscal year, which would reverse losses recorded two years earlier, but a major plank of that growth will rest on increased…

The Jamaica Stock Exchange (JSE) Combined Index closed the week on a winning note on Friday. Slow to moderate trading ended with an advance/decline ratio of 44/52. The JSE Combined Index advanced by…

Starbucks posted stronger-than-expected sales in its fiscal second quarter as demand in China began to recover, but the company said that sales growth could moderate as the year progresses. The Seattle coffee giant…

Judging by the growing number of companies vowing to reduce their greenhouse-gas emissions to zero these days, it may seem like the corporate world is finally taking the climate crisis seriously. According to…

JMMB Bank has advised that it will be adjusting some of it fees, effective June 15, 2023, changes that will force retail customers, particularly those conducting international transactions, to dig deeper into their…

Tea and condiments manufacturer Jamaican Teas Limited is banking on flows from real estate sales to finance its factory expansion. Jamaican Teas CEO John Mahfood said the 30 apartments being developed by the…

The list of needs is long in Guyana, a South American country of 791,000 people that is poised to become the world’s fourth-largest offshore oil producer, placing it ahead of Qatar, the United…

Minister of Finance and Public Service Dr Nigel Clarke said that the Government will ensure vigilance in administering and enforcing the Microcredit Act in a bid to protect the microfinance subsector from “nefarious…

In the aftermath of its 48th staging of the Expo Jamaica 2023 trade show, the Jamaica Manufacturers and Exporters Association (JMEA) is aiming to grow the current number of buyers to 1,000 for…