Food and financial services group GraceKennedy Limited is tapping into international expertise as it ramps up its M…
Category: Business & Economy
Jamaica Broilers sells US hatchery but mulling more investment in chick line
After selling its hatchery located in the American midwest for US$23 million, poultry company Jamaica Broilers Group, JBG, is considering additional investments in the same line of business, just at a different location…
As the rumble of tractor protests grows, the EU offers more environmental concessions to farmers
The European Union’s executive arm proposed weakening even more climate and environmental measures in the bloc’s latest set of concessions to farmers apparently bent on continuing disruptive tractor protests until the June EU…
Tax growth without new taxation
Experts in accounting and economics have lauded Jamaica’s seventh straight budget without new taxes as a plus amid the country’s push for economic expansion. Experts in accounting and economics have lauded Jamaica’s seventh…
Iberostar on path to zero emission in six years; Jamaica ops lagging
Large hotel chain Iberostar has installed a 1.2 megawatt solar power plant in Jamaica as part of the wider group’s move to slash its carbon emissions. The group of Spanish origin plans to…
To dodge AML woes, gov’t mulling brokers to dispose of confiscated properties
The Government of Jamaica will consider hiring real estate brokers to speed up the disposal of $1.5 billion in confiscated properties as a quick solution to avoid a downgrade by international anti-money laundering…
Rise in JSE junior share cap gets thumbs up
Market reaction to the increase in the amount of share capital that junior company can raise and hold has been positive, but up to early Thursday, but the Jamaica Stock Exchange itself is…
Boeing promises changes after getting poor grades in gov’t audit of manufacturing quality
Responding to a United States government audit, Boeing says it will would work with employees found to have violated company manufacturing procedures to make sure they understand instructions for their jobs. The aircraft…
Stock Round Up | LAB today’s top advancer, AS Bryden leads decliners
The Jamaica Stock Exchange (JSE) Combined Index closed Wednesday going back to losing ways. The moderate trading ended with an advance/decline ratio of 42/45. The JSE Combined Index declined by 3,639.94 points or…
138 Student Living eyeing UTech again for new business
Real estate developer 138 Student Living Jamaica is again eyeing the University of Technology, Jamaica to grow its business. The developer of student housing currently operates only at the Mona campus of the…