General Motors posted an US$8.1-billion net profit for 2018, fuelled by better prices for vehicles sold in the United States, its most lucrative market. It’s a strong rebound from the previous year when the company lost US$3.9 billion on a...
The Jamaican government is giving $10 million of backing to the inaugural Jamaica Rum Festival, most of which will be spent on setting up an artisan village at the venue, according to Tourism Enhancement Fund head Dr Carey Wallace. The organisers...
Silva Investment Limited, a foreign firm engaged in multiple businesses, has acquired Torpedo Micro Loan Financing in what it said is a strategic move to get a foothold in Jamaica’s growing financial market. In addition to the fixed assets,...