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Business

Published:Sunday | September 1, 2019 | 12:26 AMKarena Bennett - Business Reporter

Seascape, the Harbour View housing development in east Kingston partly earmarked for persons displaced during the passage of Hurricanes Ivan and Dean in 2004 and 2007, is slated to be constructed later this year. The development spans 3.51 acres...

Published:Sunday | September 1, 2019 | 12:00 AM

Which driving behaviours are the most accurate predictors of the likelihood of crashes? This question is posed against the universal condemnation of the actions of the former commander of the Jamaica Constabulary Force’s Public Safety and Traffic...

Published:Sunday | September 1, 2019 | 12:25 AM

Researchers say cyberspies exploited security vulnerabilities to plant spyware on Apple iPhones when users merely visited a small group of malware-infected websites. Sensitive data accessed included text messages, photos and real-time location....

Published:Sunday | September 1, 2019 | 12:25 AM

The first legal challenge to prevent British Prime Minister Boris Johnson from suspending Parliament amid the UK Brexit crisis was delayed in a Scottish court on Friday. The Court of Session in Edinburgh refused to take immediate legal action to...

Published:Sunday | September 1, 2019 | 12:00 AM

Last month, the Group of Seven (G7) most advanced economies failed to reach a consensus on the major challenges the world faces. Their inability to agree confirmed that finding common solutions to global political and economic problems has become...

Published:Sunday | September 1, 2019 | 12:15 AMAvia Collinder - Business Reporter

There is a possibility that real estate ventures may see more funding from the $600 billion pension fund industry flowing their way. Recently passed pension amendments have tweaked restrictions on investment options related to the segment,...

Published:Sunday | September 1, 2019 | 12:00 AMNeville Graham - Business Reporter

Gloria’s Seafood City, a choice eatery that has its genesis in the quiet fishing village of Port Royal, east Kingston, but which attracts customers from all over the island, has expanded the business to Ocho Rios, St Ann. The 1,300 square feet...

Published:Sunday | September 1, 2019 | 12:10 AM
Published:Friday | August 30, 2019 | 12:33 AM

Oil and gas companies could face far looser oversight of emissions of potent, climate-changing methane gas under a proposal expected from the Trump administration as soon as Thursday, oil industry and environmental groups said. The government’s...

Published:Friday | August 30, 2019 | 12:00 AM

The Ministry of Industry, Commerce, Agriculture & Fisheries (MICAF) has inked a deal with American digital marketing company Kolau to help local entrepreneurs become more visible online...

Published:Friday | August 30, 2019 | 12:32 AM

The United States’ economic landscape would look even bleaker if not for America’s consumers. The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70 per...

Published:Friday | August 30, 2019 | 12:00 AMMcPherse Thompson - Assistant Editor-Business

Credit extended by deposit-taking institutions to private-sector businesses as well as households has accelerated in recent months, growing to 16.8 per cent over the 12 months to June 2019, compared with the 12.3 per cent a year earlier. However,...

Published:Friday | August 30, 2019 | 12:00 AM

Earnings from green bean coffee sales were hit by a double whammy of low prices and weakened demand, in a crop year that delivered increased volumes of top-end Blue Mountain, or JBM, cherries. High mountain coffee production, however, fell by 50...

Published:Friday | August 30, 2019 | 12:00 AM

MPC Clean Energy Limited plans to raise fresh equity capital in a rights issue for its Class B shares listed on the Jamaica and Trinidad stock exchanges, which would bolster its capital base for 14 additional deals in its pipeline. The company will...

Published:Friday | August 30, 2019 | 12:00 AMKarena Bennett - Staff Reporter

In its push for a larger share of the pastry market, baking company Honey Bun is seeking to hire at least 10 staff across its administrative, distribution and sales divisions, by end-September. The new posts include route leaders, drivers and...

Published:Friday | August 30, 2019 | 12:16 AMAvia Collinder - Business Reporter

Jamaica Cane Products Sales Limited, JCPS, is selling the Jamaica Gold brand under which it retailed sugar, one of the assets it is liquidating to pay off debt as the company winds up its operation. JCPS once had a monopoly over the marketing of...

Published:Friday | August 30, 2019 | 12:00 AM

Germany’s Cabinet on Wednesday approved a plan to spend up to €40 billion (US$44.4 billion) by 2038 to cushion the impact of abandoning coal on mining regions. Economy Minister Peter Altmaier said funds will start flowing once parliament has...

Published:Friday | August 30, 2019 | 12:15 AM

Apple Inc on Thursday welcomed India’s decision to relax rules on foreign direct investment (FDI) and said it is eager to open its first retail store in the country. The California-based company said in a statement that it appreciated Indian Prime...

Published:Friday | August 30, 2019 | 12:15 AM

Apple is apologising for allowing outsiders to listen to snippets of people’s recorded conversations with its digital assistant Siri, a practice that undermined its attempts to position itself as a trusted steward of privacy. As part of the apology...

Published:Friday | August 30, 2019 | 12:00 AM

Sir Isaac Newton’s Third Law of Motion formally states that for every action, there is an equal and opposite reaction. Over the past weekend, we witnessed Newton’s third law in action, when tens of thousands of members of the Argentine middle class...

Published:Friday | August 30, 2019 | 12:00 AM

Mavis Bank Coffee Factory, MBCF, a large buyer of cherry coffee, says the low price of $3,000 per box it is paying farmers for supplies is due to poor quality, but adds that the rate may improve as the crop year proceeds. “MBCF started the payment...

Published:Friday | August 30, 2019 | 12:12 AMAvia Collinder - Business Reporter

The Coconut Board has acquired new harvesting equipment, called a tree climber, which it projects will cut the cost of reaping the crop by one-third. Those savings in dollar terms amount on average to $1,200 per tree, or $10 to $15 per coconut,...

Published:Friday | August 30, 2019 | 12:10 AM

Today, The Gleaner is challenging the false notion that Kingston is Jamaica by introducing this business-focused product that shines the light on rural companies and business interests. Based on careful review and evaluation, the decision was taken...

Published:Friday | August 30, 2019 | 12:10 AMAdrian Frater - News Editor

A municipal investment scheme offering grant funding to micro and small entrepreneurs in St James is adding buoyancy to emerging businesses, transforming marginal operations into success stories. The Local Economic Development (LED) programme is...

Published:Friday | August 30, 2019 | 12:00 AM

Small business operators in western Jamaica are eyeing ongoing infrastructural work in the Corporate Area and are hoping that the pendulum of flyover bridges, wider roads, updated water supplies and other projects will swing their way soon. They...

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