The near four-year legal battle over the definition of ‘Jamaica rum’ has ended with a decision to add the word ‘only’ to the criteria, a change that now clearly bars ageing of the…
Category: Business & Economy
Interim leader Messado says GK on track for strong year as Wehby takes a break for health reasons
Andrew Messado, chief financial officer for GraceKennedy Limited, is promising a strong year for the conglomerate as he assumes responsibilities for its day-to-day operations, starting today, October 9. Messado will sit in temporarily…
EU countries vote to impose duties on China EVs ahead of deadline
European Union countries have voted to impose duties on imports of electric vehicles from China, as talks continued between Brussels and Beijing to find an amicable solution to their trade dispute before an…
Woodcats transforming scraps into furniture, events props and landscaping material
Woodcats International Limited, a maker of wooden pallets for manufacturing and distribution companies, is looking to carve value from the scraps it once disposed of as waste. General Manager Peter Douglas says the…
Yaneek Page | Financial fraud: what entrepreneurs can learn from Bolt’s missing millions
“When your neighbour’s house is on fire, you better wet yours.” This proverb has never been more relevant regarding Usain Bolt’s ordeal in trying to recover his missing millions from a financial investment…
Don Wehby taking leave from GraceKennedy
Group Chief Executive Officer of GraceKennedy Limited, Don Wehby, has announced he is taking temporary leave from his role to focus on his health. In a message to the team at the company, Wehby…
Statin to modernise data collection, hire more professionals
Statistical Institute of Jamaica, the premier body for economic data, is hiring a raft of analytical professionals, while it modernises the agency. A quarter of the job positions at Statin are vacant at…
Heaven aiming to double Proven profit as successor
Johann Heaven will take over the leadership of investment holding company Proven when its founding head steps down in January. The CEO-designate of Proven Management Limited, PML, will be aiming to double earnings….
Epic Games sues Google, Samsung over phone settings
Video game maker Epic Games sued Google and Samsung on Monday, accusing the tech companies of coordinating to block third-party competition in application distribution on Samsung devices. At issue is Samsung’s ‘Auto Blocker’…
BPO job numbers steady
There has been no major fallout in the number of workers in the outsourcing sector in recent times, although there are ongoing resets of some of the business arrangements that gave the local…