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Category: Business & Economy

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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Business & Economy

Musk to refocus on Tesla job as profit plunges

infojamaica
April 24, 2025

Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Musk said on a…

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Business & Economy

Soft air travel halves Knutsford bus profit

infojamaica
April 23, 2025

Knutsford Express Services Limited, a luxury bus service popular among tourists and Jamaican commuters, faced rising costs as air travel slowed. For the February third quarter, its profit was sliced in half, dropping…

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Business & Economy

Eppley takes over Stratus fund

infojamaica
April 23, 2025

Investment company Eppley Limited has acquired full control of Stratus Alternative Funds SCC from partner NCB Capital Markets Limited, NCBCM, but the value of the transaction was not disclosed. Five years ago, NCBCM…

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Business & Economy

Planning ahead to counter climate vulnerability

infojamaica
April 20, 2025

The 2025 Atlantic Hurricane Season will begin on June 1 or in about 40 days’ time. The island, its Caribbean and other neighbours, were severely affected by hurricane events last year. Because of…

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Business & Economy

Farm raiders go high-tech with drones and truck hijackings

infojamaica
April 20, 2025

Farm thieves are turning to drones and the hijacking of trucks despite an overall fall in violent crimes. Agribusiness leaders say they are experiencing high levels of theft, and that rising security costs…

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Business & Economy

China’s economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs

infojamaica
April 17, 2025

China’s economy expanded 5.4 per cent from January to March compared to year-earlier levels, the government said Wednesday, supported by strong exports ahead of US President Donald Trump’s rapid increases in tariffs on…

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