Business

Jamaica shows improvement in ease of doing business — World Bank

Thursday, November, 1 2018    

WASHINGTON, United States (CMC) — Several Caribbean countries, including The Bahamas and Jamaica, have recorded improvements in absolute terms on the ease of doing business, indicating that they are getting closer to global best practices in business regulations, according to a new... Read More

CIBC FirstCaribbean, JPS sign US$61-M loan agreement

Thursday, November, 1 2018    

CIBC FirstCaribbean International Bank and Jamaica Public Sevice (JPS) recently signed a US$60.625-million bilateral senior term loan which will support both planned capital expenditure and debt refinancing for Jamaica's sole integrated electric utility company. Read More

Britain eyes Brexit deal by Nov 21—minister

Thursday, November, 1 2018    

London , United Kingdom (AFP) — Britain's Brexit minister believes there could be a divorce deal with the European Union by November 21, it emerged Wednesday, although Downing Street was more cautious. Read More

Black Panther helps Palace Amusement hit $1 billion in revenue

Wednesday, October, 31 2018    

Palace Amusement Company Ltd broke the $1-billion revenue mark for its year ended June 30, 2018 and has credited the increase in sales to Marvel and DC comic series such as Blank Panther, Justice League and other movies like Girls Trip. Read More

VM Wealth launches new unit trust products

Wednesday, October, 31 2018    

Victoria Mutual Wealth Management (VM Wealth), the investment arm of the Victoria Mutual Group, has launched two new unit trust products – VM Wealth International Equity Fund and VM Wealth Money Market Fund. Read More

Tracking ganja from seed to sale with Ample Organics

Wednesday, October, 31 2018    

Ample Organics Inc – which says it is the leading seed-to-sale software solution currently used by the majority of Canada's licensed producers of cannabis – has announced it is expanding into international markets and is launching with producers of cannabis in Jamaica. Read More

RUBiS reopens second upgraded service station

Wednesday, October, 31 2018    

RUBiS Energy Jamaica Ltd has resumed operations at its Brown's Town, St Ann, location — another major move for the fuel retailer since its entry into Jamaica's petroleum market in 2014. Read More

Jamaica finally getting down to business

BY KEITH COLLISTER | Wednesday, October, 31 2018    

It is no accident that the third Latinfinance Caribbean Finance and Investment Forum will be held in Jamaica at the Pegasus hotel tomorrow as, after long decades of malaise, Jamaica finally appears to be one of the shining stars of the Caribbean region. Read More

About climate change

by SHELLY MOHAMMED | Wednesday, October, 31 2018    

CLIMATE change has rapidly become one of the world's greatest challenges. Everyone from government to business is taking action to tackle its effects and reduce greenhouse gas emissions that result from the burning of fossil fuels. Read More

Jamaican businesses are not mean says Horne

Wednesday, October, 31 2018    

BUSINESS are not as mean as it might seem to some Jamaicans, in terms of supporting social and community development, says prominent businessman and chairman and managing Director of ARC Manufacturing Ltd, Norman Horne. Read More

Barbados tourism boost

Wednesday, October, 31 2018    

Barbadian Prime Minister Mia Mottley's announcement that her Administration will create a “level playing field” across the industry, allowing hoteliers to access concessions in the same way that Sandals is accessing them, has been welcomed by the resort chain's Chairman... Read More

B'dos minister wants regional institutions to churn out problem-solvers

Wednesday, October, 31 2018    

BRIDGETOWN, Barbados (CMC) – A senior Barbados Government minister has told regional institutions that they must not only be concerned with producing graduates for the workforce but those who are driven to seek practical solutions to the Caribbean's... Read More

Merkel pledges billion-euro fund for investments in Africa

Wednesday, October, 31 2018    

BERLIN, Germany (AFP) — German Chancellor Angela Merkel yesterday pledged a billion euros to incite businesses to invest in Africa, as she urged the private sector to take a closer look at the continent's “huge” economic opportunities. Read More

Lopez Obrador to scrap Mexico airport project

Wednesday, October, 31 2018    

MEXICO CITY, Mexico (AFP) — Mexico's incoming leftist president Andres Manuel Lopez Obrador said Monday he will halt construction of a new airport for the capital after it was rejected in a referendum. Read More

Africa governance gains hampered

Wednesday, October, 31 2018    

LONDON, United Kingdom (AFP) — Security fears and a lack of jobs in African nations have hampered gains in governance across the diverse continent over the last decade, a study said Monday, warning that some promising nations had “lost momentum”. Read More



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