Category: Business & Economy

The market was already primed to expect bad outcomes from the cleanup under way in Jamaica Broilers’ US operations, but when the report finally dropped the scope of the fallout, still rattled investor…

Hurricane Melissa provided a glut of things for me to write about. In today’s article, I will try to link discrete topics to the monster hurricane where the economic impacts may turn out…

Large distributors say they are open for business and have adequate supplies of goods at this time but are experiencing some challenges in getting products to the areas of Jamaica hardest hit by…

In the aftermath of the passage of Hurricane Melissa, some banks and credit unions are easing up on loan repayments as a form of relief for the thousands of individuals and small businesses…

Jamaican Teas Limited emerged relatively unscathed by Hurricane Melissa, with no damage to its complex at Temple Hall nor its supermarket and unsold studio apartments. Additionally, two-thirds of the group’s manufacturing sales are…

Wendy’s plans to close hundreds restaurants in the United States over the next few months in an effort to boost its profit and make its remaining stores more appealing. The Dublin, Ohio-based chain…

Caribbean Chemicals…

The Barnett Tech Park in Montego Bay suffered significant damage as a result of Hurricane Melissa, leaving more than 6,000 workers in the global services, or outsourcing, sector without a job for now….

The Government of Jamaica will begin formal discussions in January to either renew or revoke the licence of sole power utility Jamaica Public Service Company Limited, JPS, following the close of a tender…

Saudi oil giant Aramco reported on Tuesday a US$26.9-billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on…