Twitter under its 420-friendly owner Elon Musk became the first major social media company to allow cannabis advertisements earlier this year. Now, the platform is relaxing those rules in an attempt to lure…
Category: Business & Economy
Disney sues DeSantis, calling park takeover ‘retaliation’
Disney sued Florida Governor Ron DeSantis on Wednesday over the Republican’s takeover of its theme park district, alleging the governor waged a “targeted campaign of government retaliation” after the company opposed a law…
Portland JSX cites global headwinds in appeal for investor patience
Private equity company Portland JSX Limited dipped into losses at year ending February, which Managing Partner Robert Almeida has linked to headwinds from changing interest rate environments and the damper it has put…
SVL partner Game Park granted lottery licence in Ghana
Ghana’s National Lottery Authority issued a licence on Wednesday to Game Park Limited, which will be utilising the proprietary platform owned by Supreme Ventures Limited, SVL, to operate two lottery games in that…
FCJ, Henan Fifth joint ventures approved
Two joint venture agreements between the Factories Corporation of Jamaica and Chinese company Henan Fifth Construction Group Company Limited have got the green light from Cabinet for the construction of mixed-use industrial and…
High-priced financing fails to slow construction
Despite rising interest rates and its knock-on effect on the cost of financing, the demand for loans in the construction sector has boomed over the past year amid a bullish real estate market….
CEAC hits snag on waste management expansion plans
A waste management business started by CEAC Outsourcing Limited five years ago has hit a snag, after multiple applications to expand the operations were either denied or stalled by the National Environment…
Prestige executing 2023 development plan
Following more than two years of compressed earnings in Trinidad & Tobago and Jamaica, Prestige Holdings Limited (PHL) is planning to spend big as it seeks to open several new stores and remodel…
JPS readies for EV demand
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…
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…
