Business

Baked goods company Honey Bun is in active search mode, scouting locations to bring outlets to major towns across Jamaica. Chief Sales...

Real estate investment company Kingston Properties Limited, known as KPREIT, is on the hunt for distressed properties whose owners may be finding it difficult to sustain their investments under current economic conditions. CEO Kevin Richards says...

Mexico’s president has vowed not to back down in a dispute with the United States over a potential ban on imports of GM or genetically modified corn. The US Trade Representative’s office announced Monday it had called for consultations with Mexico...

GK Mutual Funds, GKMF, launched three mutual fund products on Monday, one of which is priced in the greenback and the others in Jamaican currency. GKMF is a joint venture between GraceKennedy Financial Group and the Trinidad and Tobago Unit Trust...

The United States Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Fed Chair...

ROK Hotel earned $575 million in revenue during its initial six months of operation, with owner PanJam projecting a short path to profit. “Both occupancy and income from food and beverage surpassed our expectations,” said PanJam Investment Limited...

Kingston Wharves signs partnership agreement with Curaçao port Kingston Wharves Limited, KWL, says it has signed a ‘sister port’ with the Ports Authority of Curaçao regarding a partnership with Port of Willemstad that it expects provide...

Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish US sales in 2022. The automaker announced Friday that it plans to build more of the Mustang Mach-E,...

Jamaica’s competition watchdog, the Fair Trading Commission, FTC, has given its approval to the pending merger of the operations of Jamaica Producers Group with PanJam Investment Limited. It paves the way for the businesses to start doing business...

Minister of Finance and the Public Service Dr Nigel Clarke laid in the House of Representatives, on February 14, 2023, the Public Sector Consolidated Estimates of Expenditure for the financial year ending March 31, 2024. He will tell us how the...

Amazon is pausing construction of its second headquarters in Virginia following the biggest round of lay-offs in the company’s history and its shifting plans around remote work. The Seattle-based company is delaying the beginning of construction...

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