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Category: Business & Economy

Business & Economy

Jamaica Packaging close to tripling capacity with new factory

infojamaica
May 2, 2025

Backed by a big bank loan, Jamaica Packaging Industries Limited has upgraded its machinery and moved into new operating space that could see the company tripling its output. Country Manager Gary Cole said…

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Business & Economy

Air travel to Jamaica generates US$235m for GAP in 2024

infojamaica
May 2, 2025

Travel at the nation’s two busiest airports generated US$235 million in total revenue last year for the Pacific Airport Group, GAP, the Mexican airport operator’s newly released financials indicate. The outturn was 15…

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Business & Economy

Starbucks opens first 3D printed store in the US

infojamaica
May 1, 2025

There’s a new pour from Starbucks: Its first 3D printed store in the United States. The Seattle-based coffee giant with more than 17,000 locations nationwide has never had a store quite like the…

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Business & Economy

Cricket West Indies reaps US$88m revenue, clears debt with ICC World Cup

infojamaica
April 30, 2025

Cricket West Indies, CWI, made record earnings from the 2024 ICC World Cup, allowing it to clear all debts, according to its latest annual report. Thinner margins are expected in the short term…

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Business & Economy

SVL enters bill payment market, wants to Evolve to the top

infojamaica
April 30, 2025

Armed with the approval of the central bank, entertainment company Supreme Ventures Limited has entered the bill payment market through its fintech arm, Supreme Ventures Fintech Limited. The service will be provided under…

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Business & Economy

China shrugs off threat of US tariffs

infojamaica
April 29, 2025

China’s leaders are downplaying the potential impact from the trade war mounted by the United States, saying they have the capacity to protect jobs and limit damage from higher US tariffs on Chinese…

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Business & Economy

Regency Petroleum partnering with dealer on truck stop

infojamaica
April 27, 2025

By about June 2026, Jamaica’s first formal truck stop and traveller’s halt should be open for business. It will be a dealer-owned and dealer-operated, or dodo facility, under the Regency Petroleum brand in…

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Business & Economy

Oran Hall | Mastering the art of budgeting on irregular income

infojamaica
April 27, 2025

It can be challenging for people who do not earn a consistent stream of income, because of self-employment, seasonality of employment, and commissioned-based employment, to manage their money effectively, but there are practical…

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Business & Economy

Rum fight getting more spirited

infojamaica
April 25, 2025

Spirits Pool Association Limited, which represents most of Jamaica’s rum distilleries, has pushed back against lawyer and rum consultant Howard Mitchell’s support for ageing Jamaican rum abroad. It comes amid an industry dispute…

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Business & Economy

Innovative Energy to distribute electric golf carts

infojamaica
April 25, 2025

Innovative Energy Group Limited, IEG, formerly known as Ciboney Group, is entering into the distribution of electric golf carts across the region to augment its energy business. The group earned $100-million profit for…

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