Category: Business & Economy

TWO WOMEN contacted me last week about their motor insurance claims. One is a small business operator. She lives in the capital of a mid-island parish. Her route taxi was destroyed in a…

STAGING A comeback after five years, the 2021-2022 Global Entrepreneurship Monitor (GEM) Report, released in March 2023, shows significant changes in the entrepreneurial ecosystem in Jamaica. The report indicates that Jamaica’s early-stage Total…

Business Reporter DESPITE RAKING in record premiums for the financial year ended December 2022, Junior Market-listed insurance company IronRock only managed less than a half of the profit earned in 2021. Gross premiums…

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…