Category: Business & Economy

FACTORIES CORPORATION of Jamaica, FCJ, is treading softly with its planned, expanded commercial park in Naggo Head, Portmore, waiting for the last two months for approval from Cabinet before disclosing costs for the…

THE GOVERNMENT plans to host a ‘Shark Tank’-style pitch room to evaluate its ongoing tourism incubator participants. “At ‘Shark Tank’, entrepreneurs can have one of two results: The entrepreneur can be chosen by…

TOURISM INDUSTRY food purveyor Caribbean Producers Jamaica (CPJ) has retired its largest chunk of long-term debt. In a late-Thursday notice to the Jamaica Stock Exchange (JSE), CPJ said the aggregate J$500 million in…

TWO YEARS after ostensibly losing its major investor, Proven Investments Limited (PIL), Dream Entertainment Limited indicates that it expects this year to supersede 2019 results. “We are expecting to surpass 2019 numbers in…

CARIBBEAN CEMENT Company (CCC), the sole manufacturer of cement in Jamaica, revealed a lukewarm outlook amid making a record $5.3 billion in profit for its December 2022 year-end. The profit haul was 24…

ONE OF the ugly secrets in business is that there are many wealthy and well-established companies, government entities and organisations that are profiting handsomely from the ignorance of small business owners, who in…

FLORIDA (CMC): THE CARIBBEAN Hotel and Tourism Association (CHTA) says international arrivals to the Caribbean for the first two months this year are behind by only one per cent when compared to the…

FACED WITH a first quarter loss and peaks and troughs in its revenue flows, air conditioning company, CAC 2000 Limited, has struck a deal with Real Marketing out of Trinidad and Tobago to…

THE JAMAICA Stock Exchange, JSE, now hovers at just above pandemic lows following its slide on Monday that wiped out $5 billion in market value. Suffering its biggest day of losses in at…

GAMING AND entertainment company, Supreme Ventures Racing and Entertainment Limited (SVREL), is upping the ante with its digital strategy, while moving to top a record 2022. The company has digital innovations such as…