Business

Once constructed, the expanded Grand Palladium Hotel is projected to add 1,900 more hotel jobs. The project, which will mark the second phase of the Lucea, Hanover-based property’s buildout, is still going through the approval process, including a...

Farmers of coffee in Jamaica’s high mountains have witnessed a two-thirds dip in production from pre-pandemic levels. Jamaica produces many varieties of coffee but two mountain regions define the brew: high mountain and the Blue Mountains, the...

Innovative Energy Group Limited, IEG, formerly known as Ciboney, will issue 850 million new ordinary shares, with the intent of raising fresh equity capital. “Additional capital is required, but we are exploring options outside of an additional...

The Jamaican government will receive US$480 million following the placement of a bond that will allow the state to focus on infrastructure projects. It’s the Government of Jamaica’s “first structured securitisation transaction in international...

The Cayman Islands plans to hold a referendum on whether to turn possession of small amounts of marijuana into a minor offence. Tourism Minister Kenneth Bryan said there is widespread support among legislators to hold a public vote next year. “This...

Andrew Messado, chief financial officer for GraceKennedy Limited, is promising a strong year for the conglomerate as he assumes responsibilities for its day-to-day operations, starting today, October 9. Messado will sit in temporarily for Group CEO...

The near four-year legal battle over the definition of ‘Jamaica rum’ has ended with a decision to add the word ‘only’ to the criteria, a change that now clearly bars ageing of the spirit outside the island. The change was one of eight guidelines...

Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6 per cent to 39 per cent on those liquors Tuesday, four days after a majority of European Union countries approved...

It may seem easier for farmers to feed their goats exclusively on bag feed, but livestock expert Maxine Brown says such a diet is bad for the animals and may even end up killing them. Brown, a livestock specialist at the Rural Agricultural...

Southwest Airlines executives have unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned seats, charge them extra for more legroom and offer red-eye flights. And bags still will fly free. The...

October is month number five of the six-month-long 2024 Atlantic Hurricane Season, described in my April 14 article, based on research, as hellish. With two-thirds of the season over, I decided to re-examine the experts’ prediction after Hurricane...

Some 45,000 dockworkers at East and Gulf Coast ports are returning to work after their union reached a deal to suspend a strike that could have caused shortages and higher prices if it had dragged on. The International Longshoremen’s Association is...