Fourteen jobs at Community & Workers of Jamaica Co-operative Credit Union Limited, C&WJCCU, now hang in the balance following a US$1.5-million upgrade of the credit union’s information technology system...
Peter Donkersloot Ponce's tenure as general manager of Caribbean Cement Company Limited, CCC, comes to an end on July 31. The cement maker made the announcement through a notice on the Jamaica Stock Exchange. Donkersloot will be...
The governor of the Bank of England gave his biggest hint yet that he would back a stimulus package for the British economy if the country crashes out of the European Union at the end of October with no deal. In testimony to lawmakers on Wednesday...
Shareholders who showed up for the annual general meeting of Dolphin Cove Limited at the Courtleigh Hotel in New Kingston today were advised that a new date has been set for the final week in July. The notice on the Jamaica Stock Exchange website...
Battery distributor Tropical Battery is pumping about $60 million into what will soon be its new headquarters at the Kingston 876 commercial complex in Ferry, Kingston. The new location – which spans 1.7 acre of which 25,000 square feet will be...
SpaceX launched its heftiest rocket with 24 research satellites Tuesday, a middle-of-the-night rideshare featuring a deep space atomic clock, solar sail, a clean and green rocket fuel testbed, and even human ashes. It was the third flight of a...
Eppley Caribbean Property Fund Limited is aiming for $4.5 billion of fresh capital through an offer of shares, and cross-listing on the Jamaica Stock Exchange, JSE. The fund already trades on the Barbados Stock Exchange in its home market. The...
An ambitious group of state-backed hackers have been burrowing into telecommunications companies in order to spy on high-profile targets across the world, an American cybersecurity firm said in a report published Tuesday. Boston-based Cybereason...
Carube Copper Corporation has sold the exploration rights for six of 11 lots it holds in Jamaica, but will continue to prospect for copper and gold in the Main Ridge and other blocks for which it holds permits. The Canadian company sold the six...
In what would be a first for a Jamaican credit union, shares issued to its members valuing $900 million are now targeted for listing on the Jamaica Stock Exchange, which could open up the possibility of non-members gaining ownership through regular...
Air conditioning company CAC 2000 Limited reversed course in the second quarter and was back in black, notwithstanding the continued business disruption from ongoing roadworks. Net profit of $40.76 million for the period ending April completely...
JMMB Group will account for its investment in insurance conglomerate Sagicor Financial Corporation as an associate company and plans to name two directors to the board once the deal is consummated. “At this time, the two nominees are expected to be...
Scandal-battered Nissan won its shareholders’ approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker’s profits and dividends have tumbled amid a high...
Marijuana has been shown to help ease pain and a few other health problems, yet two-thirds of American states have decided pot should be legal to treat many other conditions with little scientific backing. At least 1.4 million Americans are using...
SSLVenture Capital Limited shares were suspended on Monday following a submission by the company in an attempt to work out technicalities with its regulator. The Jamaica Stock Exchange (JSE), which regulates the market, granted approval for the...
Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at US$17.3 billion, creating a casino giant. The acquisition on Monday puts about 60 casinos and resorts in 16 states under a single name, one of the biggest gambling and...
Rubis Energy Jamaica will roll out a line of advanced lubricants across the country over the next two weeks as a marker of its fifth anniversary in Jamaica. The locally incorporated business of the big French fuels and lubricants corporation was...
Tourism now dominates most Caribbean economies, drawing huge numbers of visitors and wealth into the region. Despite this, many of those who work in or with the sector have yet to benefit fully from its success. A few days ago, in the less than...
Food and logistics conglomerate Jamaica Producers Group is expanding its shipping business in the United Kingdom with new warehousing space to enable freight consolidation to the Caribbean. The expansion would increase warehousing capacity by 20,...
QUESTION: I lost my job four months ago, and prior to that, I had acquired debt in an attempt to create income-producing assets. Little did I know about managing money! I bit off more than I could chew. Not having a job now, I have only one...
READER: I had to come over and meet you and tell you thanks. Thank you a million times! You have inspired me so much. You have literally changed my life. I follow you on LinkedIn. I read your Gleaner articles, and because of you, I am now in my...
QUESTION: Can pedestrians be held liable for causing motor vehicle accidents? I was driving a few days ago in Havendale. There were grass-covered sidewalks on both sides of the roadway. There was a big pothole some distance ahead on the left side...
Four years into his role as CEO of Seprod Limited and an equal number of years of campaigning to push growth in Jamaica’s agriculture sector, it was a moment of “mixed emotions” for Richard Pandohie, who has been appointed the new president of the...
Kingston Wharves Limited (KWL) said it continues to lobby the Government for full special economic zone or SEZ status, noting that the journey has been slow but that progress has been made. The port company expects the process to be completed this...
Boutique business hotel Terra Nova is living up to its English translation, ‘new land’, with the breaking of new ground on a luxury condominium complex as the model for a planned redevelopment of the substantial real estate holdings of its owners,...
