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Business

Published:Wednesday | September 11, 2019 | 12:26 AM

Apple has unveiled new iPhones that are largely unchanged from previous models and accompanied by an unexpected price cut for the cheapest model, underscoring the company’s efforts to counteract a sales slump of its flagship product. The company’s...

Published:Wednesday | September 11, 2019 | 12:23 AMKarena Bennett/Business Reporter

Stanley Motta Limited, real estate developer of 58HWT in Kingston, has done away with any thought of using the General Accident building as a residential complex to increase earnings for the company. Instead, Chairman of Stanley Motta Melanie...

Published:Wednesday | September 11, 2019 | 12:23 AMHuntley Medley/ - Senior Business Writer

Rum makers in Jamaica are looking to boost efficiency in their business by paying more attention to better environmental practices and supporting sustainable social habits, even as they keep a sharp eye on taxation policies that could derail the...

Published:Wednesday | September 11, 2019 | 12:22 AMDr Jan Yves Remy and Alicia Nicholls/Guest Columnists

This year, the Caribbean Court of Justice, CCJ, delivered two substantive rulings in a dispute aptly dubbed by the media as the ‘cement saga’, a reference to a long-running spat involving regional competitors in the cement business: Rock Hard...

Published:Wednesday | September 11, 2019 | 12:00 AM

Big tech companies have long rebuffed attempts by the United States federal government to scrutinise or scale back their market power. Now they face a scrappy new coalition as well: prosecutors from nearly all 50 states. In a rare show of...

Published:Wednesday | September 11, 2019 | 12:20 AM

The incoming president of the European Union’s powerful executive arm on Tuesday nominated Irishman Phil Hogan to lead future EU trade talks, which could put him in charge of negotiations with Britain after Brexit. Hogan, whose country is set to be...

Published:Wednesday | September 11, 2019 | 12:10 AM

Keith Duncan wants the Jamaican Government to fast-track pension reform, amid other measures to stimulate the economy, to shield against a global slowdown. “I am not saying that Jamaica will enter into a recession. I am highlighting that we are...

Published:Wednesday | September 11, 2019 | 12:10 AM

The chairman and CEO of Fontana Limited says the training of more than 100 recruits is the final task remaining in the lead-up to the opening of the Waterloo Road location in Kingston later this month. The escalators are ready, the aisles are...

Published:Wednesday | September 11, 2019 | 12:09 AM

The leaders of India and Nepal inaugurated South Asia’s first cross country oil pipeline Tuesday, allowing the Himalayan nation of Nepal to receive an uninterrupted supply of oil from its large southern neighbour. Indian Prime Minister Narendra...

Published:Wednesday | September 11, 2019 | 12:09 AM

New satellite images published Monday by the European Space Agency show an increase in air pollution in the Brazilian Amazon while fires burned in the region last month. Several maps showed more carbon monoxide and other pollutants in August than...

Published:Wednesday | September 11, 2019 | 12:08 AM

Manufacturing and distribution conglomerate Seprod wants to start exporting gluten-free flour made from cassava by early 2020, but it’s riding on talks with brewery company Red Stripe Jamaica. The talks are in the early stages and include a non-...

Published:Tuesday | September 10, 2019 | 12:11 AM

In announcing Monday that he hopes to break the Brexit deadlock by next month, Prime Minister Boris Johnson is seeking to solve in a matter of weeks a puzzle that has troubled European and British specialists for more than two years. Before...

Published:Sunday | September 8, 2019 | 12:00 AM

Such is the revolutionary fervour of those now in charge of Britain’s government they are testing to its democratic limits the cohesion of a country with no formal constitution. One consequence of the extraordinary events of the last week...

Published:Sunday | September 8, 2019 | 12:00 AM

Do all technology improvements have a positive impact on productivity and the bottom line? No, but in some cases, the reason is not because of unintended consequences. Leaders in your organisation must learn to consciously constrain technology in...

Published:Sunday | September 8, 2019 | 12:00 AM

Does the NHT have a facility that allows parents to use their NHT benefits to assist their children to own a home? – Raquel The Parent Assist Programme allows parents to assist their children who are contributors to the National Housing Trust (NHT...

Published:Sunday | September 8, 2019 | 12:00 AM

The range of responses that my articles evoke continues to fascinate me. From the nonsensical, the predictable, the thoughtful, and the in-between. And some persons believe that risk and insurance are boring. Today’s column will not focus on the...

Published:Sunday | September 8, 2019 | 12:00 AM

Natural gas supplier to Jamaica and the region New Fortress Energy announced on Friday the closure of its US$180-million bond which NCB Capital Markets, arrangers of the deal, said was fully subscribed. NCB Capital Markets CEO Steven Gooden said...

Published:Sunday | September 8, 2019 | 12:00 AM

Two bipartisan groups of state attorneys-general are launching separate antitrust investigations into Facebook and Google, adding to regulatory scrutiny of two of the world’s largest and most ubiquitous tech companies. New York Attorney General...

Published:Sunday | September 8, 2019 | 12:00 AM

House Democrats are demanding information on the use of taxpayer money at United States President Donald Trump’s hotels and properties, including during Vice-President Mike Pence’s trip this week to Doonbeg, Ireland. The push is part of an expanded...

Published:Sunday | September 8, 2019 | 12:00 AM

Managing Director of A.S. James and Associates Limited and President of the Realtors Association of Jamaica, Andrew James said that sales of houses have almost doubled in the higher-priced upscale St Andrew community designated as Kingston 6. At...

Published:Sunday | September 8, 2019 | 12:15 AM

Developers West Indies Home Contractors (WIHCON) say that they will be delivering 200 two-bedroom houses at the Silver Sun housing development in St Catherine by March next year, representing the first instalment of a three-year deal that will see...

Published:Sunday | September 8, 2019 | 12:13 AM

Managing Director at listed cigarette distribution company Carreras, Marcus Steele, is again warning of further growth in the illicit sale of tobacco products if further excise duties are imposed on legitimate distributors. “If you take a decision...

Published:Sunday | September 8, 2019 | 12:10 AM

Listed conglomerate Derrimon Trading says that it is beginning to reap the rewards for investing in its two recent acquisitions, Caribbean Flavours and WoodCats. Consolidated results for the six months that ended June 2019 show total revenues of...

Published:Friday | September 6, 2019 | 12:00 AM

The Government of Jamaica plans to refinance US$3 billion worth of sovereign bonds aimed at reducing the country’s debt payments over time. The old notes are slated to be replaced with new notes at lower coupons and longer maturities. The...

Published:Friday | September 6, 2019 | 12:00 AM

Chinese and American envoys will meet in early October for more talks aimed at ending a tariff war that threatens global economic growth. Stock markets rose on Thursday’s announcement, but there has been no sign of progress since Presidents Xi...

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