Published:Wednesday | March 18, 2015 | 4:56 PMTameka Gordon
The Veterinary Services Division of the Ministry of Agriculture has issued a ban on all poultry and poultry products emanating from parts of the United States as well as other regions, arising from an outbreak of avian influenza or bird flu in that...
Published:Friday | March 13, 2015 | 12:00 AMTameka Gordon
Stewart's Auto Sales and its in-house financing partner, Simpson Finance Jamaica Limited, are making a more aggressive play for car sales by tacking on insurance coverage and servicing to sales of the Suzuki brand.Stewart's is also running a 10-cent...
Published:Friday | February 27, 2015 | 3:42 PMTameka Gordon
Elroy Jones started his meal delivery business in high school.He trekked back and forth to the canteen and bought lunches for all the other students who could not be bothered to make the trip and delivered it to them in the classroom or wherever...
Published:Thursday | March 5, 2015 | 1:03 PMTameka Gordon
The Tank-Weld Group will invest $300 million to construct a new warehouse on Molynes Road in Kingston to expand its warehousing capacity.The facility should be complete in three months following demolition of the plaza which stood on the property,...
Published:Wednesday | March 4, 2015 | 5:04 PMTameka Gordon
Copperwood Pork, operated by the Caribbean Broilers Group, has hit back against claims of a shortage of the meat to processors, saying it is motivated by efforts to gain market advantage through imports."The cries of specific processors to import...
Published:Tuesday | March 3, 2015 | 1:57 PMTameka Gordon
Supreme Ventures Limited (SVL) has taken on a new business partner, which will manage what the company refers to as its new 'route gaming system' now being tested in select locations.Under a US$5 million partnership with local company, ICE Jamaica...
Published:Thursday | February 26, 2015 | 11:08 AMTameka Gordon
Local skin and hair-care company, Ettenio, is boosting production ahead of a push into exports to the Caribbean to tap a growing demand for herbal and natural products in the Caribbean.Launched in 2012, Ettenio, which plays on the name of its...
Published:Thursday | February 26, 2015 | 4:19 PMTameka Gordon
The Ministry of Education is probing financial irregularities at a government-run high school covering nearly $5 million.The investigation comes against the backdrop of a recent push by the education ministry to streamline the accounting policies...
Published:Wednesday | February 25, 2015 | 2:08 PMTameka Gordon
Relatively newcomer to the local farming material distribution business, Sapphire Agriculture Jamaica Limited (SAJ), hopes to grab at least 40 per cent of the market with its blends of organic fertilizers, amid a trend towards use of the more...
Published:Tuesday | February 24, 2015 | 11:42 AMTameka Gordon
Derrimon Trading Company Limited will open invitation for 125 million preference shares on February 27, from which it hopes to raise $250 million.The invitation will close on March 13.It is the company's third fundraising in less than two years,...
Published:Tuesday | February 24, 2015 | 1:38 PMTameka Gordon
Local pork consumption has improved over the years amid the Ministry of Agriculture's push to stave off imports, but the sector is now facing a shortfall of supplies to processors, who are calling for a relaxation of import permits.Since last...
Published:Tuesday | February 10, 2015 | 12:00 AMTameka Gordon
Medical Disposables and Supplies Limited (MDS) has reported increased revenues of $848 million for the nine months ending December, a 27 per cent increase year on year.The medical supply company also reported a 60 per cent rise in net profit...
Published:Tuesday | February 17, 2015 | 5:13 PMTameka Gordon
Kia Motors Jamaica will sign an agreement with the umbrella labour union group today, Friday, to push sales through rebates on vehicle purchases.The local dealer is offering rebates of $100,000 on each vehicle purchased by a union member. The...
Published:Tuesday | February 17, 2015 | 2:44 PMTameka Gordon
Berger Paints Jamaica Limited has reported a six per cent increase in paint salesfor the nine months ending December 31, 2014, despite what it described as a softpaint market coming out of the Christmas period.The company also posted increased net...
Published:Friday | February 6, 2015 | 1:20 PMTameka Gordon
West Indies Home Contractors Limited (WIHCON) will spend some $900 million for its next project, Forest Ridge, a mix of studios and apartments at the foot of Red Hills in Kingston. The project, for which ground breaking will held nest Tues...
Published:Thursday | February 5, 2015 | 2:05 PMTameka Gordon
Pepsi Cola Jamaica is hoping to increase sales volumes of its flavoured and carbonated lines through new product sizes designed to tap the school age segment as well as penny pinching parents with less disposable incomes. The beverage comp...
Published:Wednesday | February 4, 2015 | 3:53 PMTameka Gordon
Derrimon shareholders on Wednesday gave their approval to a plan to raise additional funding for the company via a preference share issue. The company hopes to issue 125,000,000 preference shares by the end of this quarter in a move it said is a...
