New Rozelle Properties Limited is investing in a large-scale mixed-use development in White Horses, St Thomas, that leverages the upgraded road infrastructure and rising community expectations, documents show. The company plans to build…
Category: Business & Economy
Businesses still not investing enough in cyber protection
Despite efforts to curtail the scourge in recent years, businesses of every size in Jamaica continue to lose millions of dollars through a variety of online scams, many because entrepreneurs fail to invest…
BRICS group condemns tariff increases
The BRICS bloc of developing nations on Sunday condemned the increase of tariffs and attacks on Iran. The group’s declaration, which took aim at Israel’s military actions in the Middle East, spared its…
Oran Hall | Bond market liquidity
Securities that are liquid, that is, easy to buy or sell, are generally the most attractive to investors. Although some trade readily on the over-the-counter market, securities listed on a stock exchange tend…
Private pharmacies under pressure to retain pharmacists
The improvement in the salaries to public sector pharmacists of the past three years has made it more difficult for private pharmacies to recruit and retain pharmacists in their employ, the Financial Gleaner…
Jamaica to initiate early talks on extension of Sangster Airport concession
The Jamaican government will be giving early consideration to extending the concession agreement under which the Sangster Airport is managed. The concession, lasting 30 years, is due to expire by 2034. The Montego…
Commercial centre, hotel proposed for Caymanas Park
Supreme Ventures Limited, SVL, intends to transform Caymanas Park into a diverse complex that’s centred around horse racing but offers other amenities off which it can make money. Its plan includes the development…
Tesla sales plunge again
Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk’s political views continue to keep buyers away, a significant development given expectations that anger with the…
Airport passenger fees to gradually increase
New five-year spending plans for Sangster International Airport in Montego Bay and Norman Manley International Airport in Kingston indicate that Jamaica’s two largest airports will invest more than US$200 million in their operations,…
Developer urges NHT to spend more on inner-city housing
Real estate developer Michael Lake wants the National Housing Trust, NHT, to do more for the transformation of the inner-city communities of Kingston. Lake, a former chairman of the Jamaica Developers Association, JDA,…