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Category: Business & Economy

Business & Economy

Two new Hi-Lo supermarkets by 2026

infojamaica
December 8, 2024

Plans are far advanced to add two new outlets to the Hi-Lo supermarket chain by 2026, at a cost of more than $1 billion. The two new stores are to be located in…

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Business & Economy

United pauses oil talks until 2025 amid cash burn

infojamaica
December 6, 2024

Cash-strapped United Oil…

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Business & Economy

Seprod hunts sustainable feed as it grapples with dairy farm losses

infojamaica
December 6, 2024

Smarting from a possible quarter-billion dollars in losses on its farm operations, distribution and manufacturing conglomerate Seprod is in search of a economical solution for feeding the cows at its dairy farm, and…

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Business & Economy

US senators grill officials from five airlines over fees

infojamaica
December 5, 2024

Members of a United States Senate subcommittee took aim at airline executives Wednesday for using an expanding menu of fees to charge customers for early boarding, better seats and other comforts that used…

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Business & Economy

Gas prices down $3.06

infojamaica
December 4, 2024

Motorists will pay less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $3.06 to sell for $155.07 per…

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Business & Economy

NCB Financial wants staff to upskill to double profits

infojamaica
December 4, 2024

Michael Lee-Chin, chairman of NCB Financial Group Limited, plans to help his workforce of over 5,560 become “exportable” to drive growth and double profits. It aligns with the investor’s broader philosophy for freer…

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Business & Economy

FTC recommends central sharing system for credit bureaus to benefit consumers

infojamaica
December 4, 2024

The Fair Trading Commission, FTC, is projecting $54 million in savings for consumers over three years, if the credit bureau sector were to set a central sharing system. Such a system, it said,…

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Business & Economy

Debt collectors seek recognition under the Data Protection Act

infojamaica
December 4, 2024

Stating that they play an important role in the functioning of Jamaica’s economy, debt collection agencies are pushing for greater recognition from the government so they can have greater leverage to recover monies…

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Business & Economy

Negotiators fail to reach agreement on plastic pollution treaty

infojamaica
December 3, 2024

Negotiators working on a treaty to address the global crisis of plastic pollution for a week in South Korea won’t reach an agreement and plan to resume the talks next year. They are…

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Business & Economy

138 Student Living debt solution by June 2025

infojamaica
December 1, 2024

Student accommodation company 138 Student Living Jamaica Limited is still hunting for a solution for its debt load of $3.2 billion year ending September. The company spent $331.78 million over the financial year…

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