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Category: Business & Economy

Business & Economy

Netflix bet on live events helped reel in 19m more subscribers

infojamaica
January 23, 2025

Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, capping the video-streaming service’s best year yet, in a sign that its expansion into live…

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Business & Economy

Worthy Park now a 10-farm operation

infojamaica
January 22, 2025

Sugar producer Worthy Park Estate Limited is projecting output of more than 250,000 tonnes of cane from its own fields and contracted farmers for the 2025 crop year, the fruit of its continuing…

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Business & Economy

Barita mulling commercial bank

infojamaica
January 22, 2025

Barita cleared another hurdle on Monday when it when it got shareholder approval for a new scheme of arrangement that will see its reorganisation and formation into a financial holding company to be…

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Business & Economy

Billionaires’ wealth soared in 2024, Oxfam reports ahead of Davos forum

infojamaica
January 21, 2025

Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering…

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Business & Economy

New scanners at hospitals said unlikely to impact private market

infojamaica
January 19, 2025

A major private player in the medical imaging space remains optimistic that the pending addition of 16 new medical imaging devices across public facilities won’t significantly impact earnings. That’s because facilities are still…

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Business & Economy

Dairy sector aiming to double milk production by or before 2030

infojamaica
January 19, 2025

The dairy sector is aiming to double the output of milk from Jamaica in the next three to five years, with at two of Jamaica’s large dairy producers at the forefront of the…

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Business & Economy

Milk mandate pitched as market driver for dairy

infojamaica
January 17, 2025

After languishing for decades, another effort is being made to bring back the dairy sector to its former glory, when Jamaica produced three times more milk. Industry players cite climate change and the…

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Business & Economy

Flow raises internet rates, scraps unlimited social media

infojamaica
January 17, 2025

Flow Jamaica plans to raise internet prepaid rates on Wednesday and ditch its offerings of unlimited social media, as part of its efforts to grow its share of the $60-billion internet market. “These…

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Business & Economy

FDA floats plan to make cigarettes non-addictive

infojamaica
January 16, 2025

Federal officials on Wednesday released a far-reaching proposal to make cigarettes far less addictive by capping their nicotine content, a goal long sought by anti-smoking advocates that is unlikely to go into effect…

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Business & Economy

Farmers uncertain when egg shortage will end

infojamaica
January 15, 2025

Having gotten predictions wrong in the recent past, the country’s egg farmers are being cautious in saying when they think the shortage of eggs will end. President of the Jamaica Egg Farmers Association…

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