THE Jamaica Public Service Company (JPS) has indicated that its push to install charging stations for electric vehicles is part of a business plan to help recapture demand that has been lost due…
Category: Business & Economy
Solar battery producer facing export woes
THE operator of Jamaica’s sole assembly plant for solar batteries is becoming increasingly frustrated with the shipping industry’s reluctance to transport its products to export markets, which has the effect of limiting the…
Digicel seeks US$100-m bridge loan
Digicel has reached out to bondholders of US$925 million of overdue debt asking them for consent to borrow more money which it intends to use as a bridge facility. Details of the plan…
Sherwin-Williams colours growth
After five decades of operation in the local market, paint manufacturer Sherwin-Williams West Indies Limited is looking to further expand, with plans well advanced to add its 24th store some time later this…
USMCA commission to open enviro probe of Mexico tourist train
The trilateral Commission for Environmental Cooperation established by the United States, Mexico and Canada has recommended opening an investigation into Mexico’s multibillion-dollar tourist train project on the Yucatán peninsula. Environmentalists…
To verify or not to verify
Part 1 was published in our April 12, 2023 editon. This is the conclusion. AS Caribbean brands also have global reach, protecting one’s copyright is a smart thing to do. As the power…
The ColdBush Organics story
NOT since the days when Highgate Foods produced chocolate at its St Mary-based factory has a Jamaican entrepreneur dreamt of taking the world by storm with Jamaican chocolate, but that is exactly what…
GM, Samsung plan new EV battery cell factory in US
General Motors and South Korea’s Samsung SDI plan to invest more than US$3 billion in a new electric vehicle battery cell plant in the United States, the companies said Tuesday. They did not…
US officials seek to crack down on harmful AI products
The United States government will “not hesitate to crack down” on harmful business practices involving artificial intelligence, the head of the Federal Trade Commission, FTC, warned Tuesday in a message partly directed at…
AmCham Jamaica refocuses business advocacy efforts
The American Chamber of Commerce in Jamaica (AmCham Jamaica) has refocused its efforts on providing the level of business advocacy it offered its members pre-pandemic, zeroing in on a number of key areas…
