Category: Business & Economy

When use of the marijuana plant was decriminalised in 2015, there was excitement that the cannabis industry was going to be the next big thing in Jamaica. But a decade later, the cannabis…

Portland Private Equity won’t proceed with Portland Caribbean Fund III, which received over US$100 million in capital commitments last year, or about a third of the targeted funds. “It is now in the…

No-frills, budget airlines often lead the industry in customer complaints, according to government data. So, if one were to disappear, would it be missed by travellers? That is a question United States regulators…

Restaurant Associates Limited (RAL) has opened four new fast food restaurants in St Catherine — two Popeyes, a Burger King and a Little Caesars. This latest expansion in Angels and Spanish Town further…

Fund managers in Jamaica still invest more than half of client funds into fixed-income securities, but that figure fell over the year, while investments in real estate and cash grew by double-digits, according…

Following the launch of its prefabricated modular home in May last year, DM Equipment Limited has only sold two of the units so far – one each in Lucea, Hanover and May Pen,…

Port services company Cargo Handlers Limited, CHL, cited concerns over global trade tensions but remains positive about its financial outlook. Executive Chairman Mark Hart, when asked to expand on the concerns, responded with…

The Urban Development Corporation, UDC, is seeking a consultant to develop a plan for Dunn’s River Falls and Park in St Ann, which will evaluate usage of the 188.5-acre property over an horizon…

Artists can copyright works they made with the help of artificial intelligence, according to a new report by the United States Copyright Office that could help clear the way for the use of…

Since the inception of its SMART Energy Loan last July, the National Housing Trust, NHT, has issued 275 loans to NHT contributors as financing for the procurement of renewable energy products. Those loans…