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….
Category: Business & Economy
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…
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…
CPJ profit flat, but sales hit record US$150m
Caribbean Producers Jamaica Limited, CPJ, one of the largest suppliers of food and beverages to the hotel trade, surpassed US$150 million in annual revenue, just ahead of its takeover by AS Bryden, a…
DirecTV buys satellite rival Dish
DirecTV is buying Dish and Sling, a deal it has sought to complete for years while aiming to better compete against streaming services that have become dominant. DirecTV said on Monday that it…
Fesgas partners with 7Krave for free delivery of cooking gas
Petroleum marketing company Future Energy Source Company, which trades as Fesco, is partnering with delivery service 7Krave, through the 7Kravemart app, to deliver Fesgas household cooking gas to customers. Fesco CEO Jeremy Barnes…
Oran Hall | Planned path from rural Jamaica to a university education
The cost of tertiary education is high, often beyond the reach of many bright and ambitious young people. This is particularly so for those who are from rural Jamaica, generally far from where…
New Fortress sued by investors
Natural gas supplier New Fortress Energy, NFE, is facing a class-action lawsuit over allegations that investors were misled by utterances regarding the company’s growth prospects. The lawsuit comes amid a three-quarter decline in…
Sol Group acquires Content Solar
Regional energy company Sol Group has acquired renewable energy provider Content Solar for an undisclosed sum. Content is a 32-megawatt solar plant in the parish of Clarendon that was developed by American company…