Wed | Aug 15, 2018

Business

Published:Wednesday | August 15, 2018 | 12:00 AMNeville Graham/ Business Reporter

For the first time in its 32-year history, The National Export-Import, EXIM, Bank of Jamaica is rolling out a loan sale to gin up business and pull in clients.EXIM's general manager for trade and commercial lending, Lenworth Tracey, says the board...

Published:Wednesday | August 15, 2018 | 12:00 AMNeville Graham/Business Reporter

The new basket of goods and services that will be used to track the movement of the Consumer Price Index (CPI) will be ready by early 2020.Director general of the Statistical Institute of Jamaica (Statin), Carol Coy, says the agency's technicians...

Published:Wednesday | August 15, 2018 | 12:00 AM

I suspect you might be reading this article because of the title. Correct?Coming to an important decision is often very difficult; coming with much anxiety, hand-wringing and 'if and but-ing'. Oftentimes, we just can't be bothered and fail to decide...

Published:Wednesday | August 15, 2018 | 12:00 AMNeville Graham/ Business Reporter

Richard Lake's Premium Farms in now the exclusive distributors for National Flour Mills, NFM, an agreement that covers eight products made by the Trinidadian company, initially, with more to be added later this year.The deal expands on the business...

Published:Wednesday | August 15, 2018 | 12:00 AMAvia Collinder/Business Reporter

With Cabinet approval in hand, the Ministry of Labour and Social Security disclosed on Monday that it is pursuing an overhaul of public pension fund manager National Insurance Fund (NIF) that will result in its merger with the National Insurance...

Published:Wednesday | August 15, 2018 | 12:00 AMSteven Jackson/ Senior Business Reporter

Telecommunications provider Cable & Wireless Jamaica, which trades as Flow, earned US$183 million ($23 billion) in revenue over six months ending June, derived in part from price increases...

Published:Wednesday | August 15, 2018 | 12:00 AM

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to.An Associated Press investigation found that many Google services on Android devices and iPhones store your location data even if you've...

Published:Wednesday | August 15, 2018 | 12:00 AM

Turkey's president appeared to escalate a dispute with the United States that has helped foment a Turkish currency crisis, claiming Tuesday that his country will boycott US-made electronic goods....

Published:Wednesday | August 15, 2018 | 12:00 AM

MBJ Airports Limited is attributing increased airlift at Sangster International Airport for its revenue gains in the first half of this year."Traffic performance for the first half of 2018 shows notable...

Published:Tuesday | August 14, 2018 | 12:00 AM

Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday.The fund approached Musk about going private...

Published:Sunday | August 12, 2018 | 12:00 AMMcPherse Thompson

More than two years after the official opening of the North-South Highway, and a decade since the Government compulsorily acquired land at Moneague, St Ann as part of the project, businessman Magnus Mullings is still engaged in a struggle to get...

Published:Sunday | August 12, 2018 | 12:00 AM

QUESTION: I would love to acquire my own home through the NHT by age 26. Can you assist me?- G. GrayFINANCIAL ADVISER: I get questions similar to yours quite often. You did not state your age, but it is clear that you want to own your home soon. I...

Published:Sunday | August 12, 2018 | 12:00 AMAvia Collinder

National Commercial Bank Jamaica, NCB, has rolled out a second loan product on its digital platform, this time a pay advance loan that has no interest charge attached but comes with a monthly flat fee and is repayable in a month.The bank said on...

Published:Sunday | August 12, 2018 | 12:00 AMSteven Jackson

Garfield Sinclair joined the embattled Bahamas Telecommunications Company (BTC) this month with an explicit mission to grow revenues in the affluent Caribbean territory.BTC owner Liberty is attempting to turn around the telecom amid rising...

Published:Sunday | August 12, 2018 | 12:00 AM

In my line of work, I meet lots of employees who aren't sure they matter.Logically, they say they should be valuable due to their role, background, responsibilities, and pay. Yet, in terms of their emotional experience, they draw a disturbing blank....

Published:Sunday | August 12, 2018 | 12:00 AM

QUESTION: A family member who lives with me suffers from mental illness. The person, who is over 25, is being treated by a psychiatrist and has been on medication for more than five years. He holds a private driver's licence. Is it okay for him to...

Published:Sunday | August 12, 2018 | 12:00 AMAvia Collinder

Derrimon Trading Company Limited on Friday announced a definitive agreement to purchase the entire shareholding of pallets manufacturer Woodcats International Limited.Financing has been arranged by Mayberry Investments Limited and the transaction is...

Published:Sunday | August 12, 2018 | 12:00 AM

A Canadian gold mining company on Thursday won the right to go after Venezuela's prized oil refineries in the United States and collect US$1.4 billion it lost in a decade-old takeover by the late president Hugo Chavez.Chief Judge Leonard P. Stark of...

Published:Friday | August 10, 2018 | 12:00 AM

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a US$72-billion buyout of the electric carmaker, but he may be acquiring new headaches with his...

Published:Friday | August 10, 2018 | 12:00 AM

Millennials are driving demand for data services, in Jamaica and across the region, leading to a fivefold growth in usage on Digicel Jamaica's network in half a decade, according to CEO Justin Morin....

Published:Friday | August 10, 2018 | 12:00 AM

Seprod Limited is investing nearly a billion dollars in the construction of two gas-powered energy plants on-site two of its subsidiary companies that will...

Published:Friday | August 10, 2018 | 12:00 AM

Jamaica Stock Exchange Limited, JSE Group, doubled its net profit in the June quarter buttressed by new listings that are tracking ahead of target, with more to come.JSE Group made $90 million in June, up 97 per...

Published:Friday | August 10, 2018 | 12:00 AM

Bakery operator Honey Bun Limited entered two new markets in the Caribbean within the quarter ending June, but CEO Michelle Chong is keeping the country's identities close to her chest.Other...

Published:Friday | August 10, 2018 | 12:00 AM

Proven Investments Limited, PIL, said Wednesday that its real estate subsidiary will be developing an 80-unit residential complex on Braemar Avenue, which was the original home of Red Bones Blues Cafe...

Published:Friday | August 10, 2018 | 12:00 AM

China's exports to the United States surged last month, shrugging off President Trump's tariff hike in a dispute over technology.Shipments to the United States climbed 13.3 per cent from a year earlier...

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