Wed | Jul 1, 2026

Business

Published:Sunday | April 25, 2021 | 12:21 AM

QUESTION: I am seeking your help in clarifying how a total-loss payment under a comprehensive motor policy should be handled by an insurance company. I want to know if the valuation report of the vehicle should or should not be used in the...

Published:Sunday | April 25, 2021 | 12:20 AM

Perhaps the most important aspect of the short statement issued in Washington after a first two-hour meeting last week between the new United States Secretary of State, Antony Blinken, and his Caricom counterparts was its emphasis on inclusion. In...

Published:Sunday | April 25, 2021 | 12:18 AMKarena Bennett - Business Reporter

A plan to install disinfection mats at the ports to keep the Tropical Race 4 disease, TR4, at bay, remains on the to-do list of the special task force set up to execute it, more than a year later. The delay, said General Manager of the Banana Board...

Published:Sunday | April 25, 2021 | 12:16 AMNeville Graham - Business Reporter

Finance Minister Dr Nigel Clarke is calling for more public-private partnerships to help Jamaica navigate away from what he calls the black hole of a looming regional debt crisis. Citing the latest IMF World Economic Outlook, released earlier this...

Published:Sunday | April 25, 2021 | 12:14 AMSteven Jackson - Senior Business Reporter

British shoe company Clarks has launched a dancehall campaign aimed in part at reconnecting with “cult” consumers, as a way to regain lost sales. “We have lost connection with the main customers and accounts in our key wholesale markets,” said now...

Published:Sunday | April 25, 2021 | 12:11 AM

QUESTION: I need your advice urgently, please. I started my dream business last year in the middle of the pandemic after I lost my job. I make wet seasonings, pepper jellies, and jams. I was also thinking of expanding into dry seasoning, spices,...

Published:Friday | April 23, 2021 | 7:50 AM

ADVERTORIAL: MC SYSTEMS “Work from home is a continuation of the paradigm shift in digital transformation. The development of technology has now enabled the convenience of working and living under the same roof,” said Roldane Henry,...

Published:Friday | April 23, 2021 | 12:25 AM

Jaguar Land Rover said on Thursday it’s suspending production at two United Kingdom factories, becoming the latest automaker to fall victim to a global shortage of microchips. “Like other automotive manufacturers, we are currently experiencing...

Published:Friday | April 23, 2021 | 12:24 AMHuntley Medley - Associate Business Editor

The Mexican operator of Jamaica’s two largest international airports says it has presented to the government what it calls “rebalancing proposals” for the economic recovery of the operations in Montego Bay and Kingston. Pacific Airport Group, GAP...

Published:Friday | April 23, 2021 | 12:21 AM

Cigarette trader Carreras Limited is plotting its entry into the marijuana dispensary market, but says it’s taking time to conduct research. It’s part of the company’s diversification strategy that already sees Carreras getting into the...

Published:Friday | April 23, 2021 | 12:19 AMNeville Graham - Business Reporter

Preowned car dealer Jetcon Corporation, which turned to discount deals and inducements to get cars off their lots and grow its way back from losses sustained under the pandemic, says the strategy has paid off so far in increased market share. The...

Published:Friday | April 23, 2021 | 12:19 AMNeville Graham - Business Reporter

Victoria Mutual Group has come through the first year of the pandemic with record earnings, and is looking to technology to build on the near 24 per cent profit growth recorded in 2020. The mortgage lender has launched a new fintech arm, VM...

Published:Friday | April 23, 2021 | 12:18 AM

As marijuana legalisation spreads across American states, so does a debate over whether to set pot policy by potency. Under a law signed last month, New York will tax recreational marijuana based on its amount of THC, the main intoxicating chemical...

Published:Friday | April 23, 2021 | 12:18 AMSteven Jackson - Business Reporter

Citing numerous downloads of the tender document, the authority that issues spectrum is pushing back at suggestions of a lack of local interest in its latest attempts to sell new radio frequency, the take-up of which the Jamaican government is...

Published:Thursday | April 22, 2021 | 12:13 AM

German lawmakers on Wednesday approved a proposal by Chancellor Angela Merkel’s government to mandate uniform restrictions in areas where the coronavirus is spreading too quickly, among them closures and a night-time curfew. As parliament’s lower...

Published:Wednesday | April 21, 2021 | 12:18 AMHuntley Medley - Associate Business Editor

The insurance industry is undergoing a leadership change, the third within a year, even as it is reporting a raft of challenges, including declining capital ratios and increased vulnerability to financial risks, according to an assessment of the...

Published:Wednesday | April 21, 2021 | 12:16 AM

Business and consumer confidence dipped lower in the first quarter ending March, but the outlook is brighter for the next quarter due to expectations that the continued roll-out of COVID-19 vaccinations will cauterise the spread of the disease. “...

Published:Wednesday | April 21, 2021 | 12:14 AM

Dogecoin, the digital currency advertised as the one “favoured by Shiba Inus worldwide,” is having its day. Fans of the cryptocurrency touted April 20, long an unofficial holiday for marijuana devotees, as ‘Doge Day’ and implored each other to get...

Published:Wednesday | April 21, 2021 | 12:13 AM

Big jumps in sales of prescription drugs and medical devices helped Johnson...

Published:Wednesday | April 21, 2021 | 12:12 AM

There is a growing debate about whether the inflation that will arise over the next few months will be temporary, reflecting the sharp bounceback from the COVID-19 recession; or persistent, reflecting both demand-pull and cost-push factors. Several...

Published:Wednesday | April 21, 2021 | 12:11 AM

Private equity company Portland JSX Limited has issued a $600-million bond to refinance debt owed to Victoria Mutual Investments Limited, VMIL. Having raised the funds, the company is now saying it’s willing to consider more financing deals. The...

Published:Wednesday | April 21, 2021 | 12:07 AMMcPherse Thompson/Business Writer

Motorists will be able to pay toll fees by credit card for usage of the May Pen-Williamsfield highway link, which is under construction and due for commissioning in less than two years. Only cash is currently tenable at the manned toll booths on...

Published:Wednesday | April 21, 2021 | 12:07 AM

♦ Caribbean Cement Company Limited is reporting its highest monthly production “in recent history” of 100,000 metric tonnes in March. ♦ Stratus Alternative Investments has a new fund, called Tourism Response Impact Portfolio, which will finance...

Published:Wednesday | April 21, 2021 | 12:06 AM

British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could become commonly known as ‘Britcoin’. The Bank of England and the Treasury said on Monday that they will work...

Published:Wednesday | April 21, 2021 | 12:06 AM

Organisers of a US$20-million contest to develop products from greenhouse gas that flows from power plants announced two winners Monday ahead of launching a similar but much bigger competition backed by Elon Musk. Both winners made concrete that...

Pages

Subscribe to Business