Sun | Aug 25, 2019

Business

Portland has distinguished itself in the attractions market with an underwater sculpture park, a venture driven more by sustainable principles and art appreciation than profit. What started as an idea to relieve the strain placed on the natural...
 A view of the Caribbean Sea from Johns Town in St Thomas.

The price of property in St Thomas is already trending up, and realtors expect the trajectory to be maintained as major improvements to roads and other developments get under way in the parish that for years has held the title of being ‘forgotten...

Real estate developer Proven REIT is pouring US$11 million into another luxury development at Millsborough in Kingston to be called The Cesar. Its target market is wealthy ­individuals who are expected to spend US$350,000 on a two-­bedroom...

When Caribbean Producers Jamaica’s (CPJ)new technology platform collapsed at it’s commissioning, it not only disrupted customer orders, but created a spiral that derailed the company’s earnings and put at risk its undertakings to creditors who...

Coffee processor Salada Foods Jamaica Limited has lined up a new specialty product for distribution in the United States as one measure to grow export earnings that currently contribute less than a fifth of revenue. The company also continues to...

Seprod’s grain joint venture has opened up export markets in four regional countries in the near two years that it has been in operation. And while Seprod CEO Richard Pandohie was not specific on the details, he said the payback on the more than $...

The Urban Development Corporation (UDC) the Government agency that owns Dunn’s River Falls and Park Attraction, has sought to disassociate the tourist attraction from a US-based cannabidiol data-gathering company, HQ Global, which claims it will be...

Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, has a new managing director, Luis Prata, who was appointed Monday, August 19 as replacement for Ricardo Nuncio...

Minister of Finance and the Public Service Dr Nigel Clarke says that in the event that there is a significant downturn in the global economy that has a large enough effect on Jamaica, the fiscal responsibility laws will provide room for a policy...

The pace at which remittances have been flowing to Jamaica continues to slow, a trend the Bank of Jamaica (BOJ) says is linked, in part, to the tightening of Know Your Customer rules, which are affecting remittance companies that are required to...
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