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Category: Business & Economy

Business & Economy

Capitalising on hybrid power at Indy 500

infojamaica
May 22, 2025

Helio Castroneves felt an immediate difference – a subtle but noticeable uptick in speed – the first time he utilised the boost of horsepower offered by IndyCar’s novel hybrid engines around the imposing…

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Business & Economy

Egg farmers praying for good weather to help boost production

infojamaica
May 21, 2025

With the main tourism season having ended in April, egg farmers are praying for a more favourable hurricane season this year so that they can fully supply the country including the hoteliers with…

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Business & Economy

Carreras profit more than doubles in first quarter

infojamaica
May 21, 2025

Cigarette trader Carreras Limited posted a net profit of $1.4 billion for the first quarter ended March 2025, more than double the $568.5 million earned in the year prior, as the cigarette distributor…

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Business & Economy

Non-tariff barriers stalling CARICOM poultry trade

infojamaica
May 18, 2025

With less than one per cent of the poultry trade throughout CARICOM originating from companies in the region, players in the industry say non-tariff barriers are curtailing their efforts to do more business…

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Business & Economy

Guardsman launches new cybersecurity centre

infojamaica
May 18, 2025

Guardsman Group Limited has launched its new Cyber Secure Operations Centre, SOC, in Kingston, which Group Director of Finance Neil Robinson says was outfitted at a cost of just under US$2 million. “We…

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Business & Economy

PM wants long term agri-supply contracts to become the norm

infojamaica
May 16, 2025

Prime Minister Dr Andrew Holness is urging hotel operators to negotiate long-term contracts with farmers who supply them with food produce, saying it would give the farmers security to invest in their operations….

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Business & Economy

Jamaica’s poultry sector valued at $310b in new study

infojamaica
May 16, 2025

A new study commissioned by the Caribbean Poultry Association estimates that the sector contributes more than $300 billion to the Jamaica economy, and is in a position to satisfy nearly all of the…

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Business & Economy

Nissan slashes 15% of global workforce as the Japan automaker sinks into losses

infojamaica
May 15, 2025

Nissan is slashing about 15 per cent of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping…

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Business & Economy

US and China reach a deal on tariffs, with a 90-day pause

infojamaica
May 13, 2025

The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the…

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Business & Economy

Playa wraps up sale of Jewel Paradise Cove

infojamaica
May 11, 2025

Playa Hotels…

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