The Fair Trading Commission, FTC, recently conducted a preliminary assessment of credit bureaus in response to consumer concerns about incomplete reports. “We will be issuing the preliminary report for consultation early next week,”…
Category: Business & Economy
Mayberry profits from CPJ sale but still weighed down by losses
Investment bank Mayberry Group Limited reported improved September third-quarter 2024 results. It resulted in the company earning $145 million net profit for shareholders for the September quarter, bettering the $986-million loss reported during…
Decline in import expenditure from January to June
Jamaica’s import expenditure for the first six months of 2024, between January and June, totalled US$3.68 billion. This represents a 1.5 per cent decline over the US$3.74-billion spend for the corresponding period in…
UK Treasury chief unveils budget with £40b in tax hikes
British Treasury chief Rachel Reeves told lawmakers on Wednesday that taxes will rise by £40 billion (US$52 billion) in order to plug a hole in the public finances and provide new funding for…
PPC pleads for more businesses to vie for contracts
Micro, small and medium enterprises are missing out on the billions of income available to businesses that vie for government contracts, which keep being awarded to a narrow set of companies, Nadia Morris,…
Supplies hit by storm, but there’s enough chicken for holiday season, Jamaica Broilers says
There will be adequate supplies of chicken and chicken products for the upcoming Christmas season, says the Jamaica Broilers Group Limited, JBG, the country’s largest poultry producer and supplier. The company’s leadership is…
Apple launches iPhone into AI era
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 line-up as the trendsetting company tries to catch up with technology’s latest craze….
Jamaica Broilers aims to double production
The Jamaica Broilers Group Limited, JBG, says most of its growth in the immediate future will come from the United States segment of its business, where it expanded its chicken plant to produce…
Gore project for 700 homes faces heritage hurdles
Gore Developments Limited plans to construct 700 homes under phase two of its Coral Springs Village housing project in Trelawny, but the development faces hurdles from heritage and tourism agencies. The key issues…
St Thomas chamber expects economic uplift from Morant Bay Museum
The Jamaican Government has launched a search for architects and other professionals to design the Morant Bay Museum, which is expected to draw visitors to the parish of St Thomas. The St Thomas…