Category: Business & Economy

A 300-acre coconut farm is being established in St Thomas by an unnamed large investor, Minister of Agriculture and Fisheries Floyd Green has disclosed. Meanwhile, the largest coconut farm in Jamaica, also in…

Blue Emerald, a manufacturing affiliate of FosRich Company Limited, has secured a contract to make transformers in Jamaica, deepening its operations that to now has dealt with repairs of the equipment for key…

Jamalco has resumed full production despite its declaration of force majeure due to damage caused by Hurricane Beryl at its Rocky Point port facility in Clarendon. “Jamalco produced at its targeted 1.2 million…

Regency Petroleum Company Limited, RPL, is looking towards leasing and franchising arrangements to grow the business, now that it has four petrol stations fully operational and another, though delayed, expected to start pumping…

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Two years ago, Pfizer was the envy of the pharmaceutical world, with more than US$100 billion in annual sales from its COVID-19 vaccine and antiviral Paxlovid. Today, CEO Albert Bourla is trying to…

Salada Foods Jamaica Limited has gone digital while heading downmarket for fresh revenue. For the third quarter ended June, sales at the coffee processing company rose to $405 million, a 46 per cent…

Renewable energy company Wigton Windfarm Limited, which now trades as Wigton Energy, is reporting improved performance for the first quarter ended June, a period in which net profit shot up 142 per cent….

After posting its first loss in company history, Paramount Trading Jamaica Limited has embarked on a programme of retrenchment even as it continues headhunting fresh talent. CEO Hugh Graham said the dual track,…

Key Insurance Company Limited earned profit of $16 million in the June second quarter, a seven per cent improvement that was driven by higher core revenue and investments. The company’s outlook remains positive…