Business

OP-ED CONTRIBUTION: COVID...

Tesla CEO Elon Musk is restarting its California factory in defiance of local government efforts to contain the coronavirus. In a tweet Monday, Musk practically dared authorities to arrest him, writing that he would be on the assembly line and if...

Seprod Limited is finally rid of sugar, having wound up the Golden Grove subsidiary at a cost of nearly three-quarters of a billion dollars. The conglomerate had a bittersweet year as a result, with revenue climbing 45 per cent to $32.7 billion,...

China’s direct investment in the United States fell last year to its lowest level since the Great Recession, even before the coronavirus pandemic shut down much of global commerce. The decline in Beijing’s investment in the United States reflected...

Brutal. Horrific. Tragic. Choose your ­description. The April jobs report showed, in harrowing ­detail, just how terribly the coronavirus outbreak has pummelled the United States economy. Most obviously, there’s the 14.7 per cent unemployment rate...

Recent calls by the Jamaica Manufacturing and Exporters Association, JMEA, for more targeted concessions on raw materials that are processed for re-export sent Jamaica Agricultural Commodities Regulatory Authority, JACRA, back to the drawing board...

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: I looked through The Gleaner and saw a response you gave to a question. I realise that most of the housing developments around are superexpensive, so my wife and I are thinking of purchasing...

ADVISORY COLUMN: SMALL BUSINESS On Thursday, May 7, the RJR/GLEANER Communications group staged a virtual town hall meeting on Television Jamaica titled “COVID-19...

One-year-old company NovaMed has inked a deal with Hong Kong-based DHB Global that will see the start-up medical consultancy transitioning to a producer of healthcare personal protective equipment, or PPE. Under the deal finalised earlier this...

DESPITE TUMBLING sales and challenges with hire-purchase accounts, two of the largest retailers of home furniture and appliances, Courts Jamaica and Singer Jamaica, have found glimmers of hope during the COVID-19 pandemic. That’s because work-from...

WITH THE productive sector experiencing a shortage of foreign exchange for the past two months, the Jamaican Manufacturers and Exporters Association, JMEA, says it has appealed to the Bank of Jamaica, BOJ, for direct access to US currency for three...