Business

International spirits company Diageo Plc has credited local subsidiary Red Stripe Jamaica for contributing to a 15 per cent spike in beer revenues in Canada, amid an overall sales slump in the neighbouring United States market.Consumers drank more beer...

The Factories Corporation of Jamaica (FCJ) says it will be spending J$60 million next year to upgrade the Garmex complex and its warehouse facilities on Marcus Garvey Drive in Kingston.The warehouses, whose space rent ...

CHRISTMAS IN the City, 'shop till you drop', in downtown Kingston last week, was not as massive as in previous years and received mixed reactions from merchants, vendors and shoppers....

Prayer is not a word that many like to hear, particularly in connection with the economy, financial systems and technology.However, it is interesting to note that prayer is the first wireless communication and has been around...

Question: I am interested in investing more funds in stocks and need some guidance.

Cameron International, maker of the Deepwater Horizon blowout preventer that failed to stop last year's massive oil spill in the Gulf of Mexico, has agreed to pay $250 million to BP under a legal settlement, BP said on Friday.

Triple-service provider Columbus Communications, trading as Flow, has increased its customer base through the acquisition of the business of InfoChannel, Jamaica's longest operating Internet-service provider.The value of the deal, involving sale of the...

The National Water Co-mmission (NWC) has signed a US$115-million loan with the Bank of Nova Scotia for funding of the second phase of the Jamaica Water Supply Im-provement Project (JWSIP).The JWSIP, which is divided into segments A and B, is the single...

The nation's two biggest tobacco companies, Philip Morris USA Inc and RJ Reynolds Tobacco Co, have agreed to pay $6.25 million to support the country's largest online collection of internal tobacco industry documents, the Justice Department announced...

The Development Bank of Jamaica (DBJ), through its agent PricewaterhouseCoopers (PwC), has embarked on a campaign both locally and overseas to push through sale of the assets of Runaway Bay Developments Limited, the company that owns SuperFun Beach...

Tax Administration Jamaica (TAJ) has simplified the reporting method of annual returns for companies now allowing for all payroll deductions to be declared on one form and filed at one location."There is no change in rates, payment requirements,...