Wed | Jan 24, 2018

Stories by Avia Collinder

Published:Sunday | January 21, 2018 | 12:00 AMAvia Collinder

Jamaica's cruise tourism market is expected at the very least to match last year's unexpected performance, but there is hope that the number of visitors could edge even closer two million passengers if current growth trajectories are maintained.The...

Published:Sunday | January 21, 2018 | 12:00 AMAvia Collinder

Coffee processor Jamaica Standard Products Company Limited will begin retailing single serve coffee capsules under the Island Blue and High Mountain brands this year, according to General Manager John O. Minott, who is looking to reinvigorate volume...

Published:Sunday | January 14, 2018 | 12:00 AMAvia Collinder

The National Housing Trust (NHT) expects to disburse $5.3 billion in contribution refunds this year.Under the agency's Contribution Refund Toward Deposit, or CRTD, facility, would-be homeowners may use their refundable NHT contributions towards home...

Published:Thursday | January 11, 2018 | 2:56 PMAvia Collinder

Aiming to expand in Europe, Jamaican conglomerate GraceKennedy Limited (GK) is considering the acquisition of a sales and distribution business - or, alternatively, its own start-up food company - in Germany.Group CEO Don Wehby also told the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

David Morrison, president of Morrison Financial, now claims to be the principal developer of the Gates of Edgehill residential project in St Mary, based on an agreement with former head, Rollyn Bennett.Morrison says his firm is fully backing the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

The University of the West Indies (UWI) is looking carefully at the timing of construction of the final set of rooms under the three-phase plan to increase student accommodation on the Mona campus, according to its concession partner.But the...

Published:Sunday | January 7, 2018 | 12:00 AMAvia Collinder

The National Housing Trust (NHT), which last September announced plans for the long-awaited Ruthven Towers in Kingston, says that a redesign of the development is under way and is the cause of a delay in construction.The redesign is likely to affect...

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Jamaicans are relying less on cash and more on point-of-sale and Internet transactions, according to local banks and their regulator, the Bank of Jamaica, BOJ.Those findings predated the...

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Following an apparent disagreement over the direction of Sagicor Group Jamaica's hotel portfolio, the financial conglomerate says the parties have settled on a new posting for Rohan Miller....

Published:Friday | January 5, 2018 | 12:00 AMAvia Collinder

Jamaica Private Power Company, JPPC, has a new owner with the announced sale of the Latin American and Caribbean businesses of Inkia Energy Limited to I Squared...

Published:Wednesday | January 3, 2018 | 12:00 AMAvia Collinder

Olympia Crown Hotel, located on Molynes Road near the heart of Half-Way Tree in Kingston, has been placed on the market by owner Robert Forbes.Forbes, 65, who is also managing director for the 92-room hotel, told Gleaner Business that he needed...

Published:Sunday | December 31, 2017 | 12:00 AMAvia Collinder

The National Housing Trust (NHT) says that while it is unable to say what increases may result from the current move by reinsurers to raise rates, current property insurance rates will hold until August 2018.The NHT's reassurance follows an...

Published:Friday | December 29, 2017 | 3:52 PMAvia Collinder

  Amid rumours that the Playa hotel group has expressed interest in buying hotels owned by Sagicor Group Jamaica, informed sources said Friday that Rohan Miller had separated from the financial conglomerate. Gleaner Business understands that...

Published:Friday | December 29, 2017 | 12:47 AMAvia Collinder

The International Monetary Fund (IMF) is trumpeting gains on the correspondent banking crisis, once seen as a near-...

Published:Friday | December 29, 2017 | 12:00 AMAvia Collinder

JN Small Business Loans Limited, JNSBL, is predicting growth in new loans within a range of 30-40 per cent, based on the demand for credit and consistent with previous...

Published:Wednesday | December 27, 2017 | 12:00 AMAvia Collinder

Wisynco Group Limited is looking to export more purified water and will be introducing two production lines within a few months to double volume output as the market expands.Wisynco Chairman William Mahfood says purified water appears to have...

Published:Wednesday | December 27, 2017 | 12:00 AMAvia Collinder

GraceKennedy Limited expects to commission new manufacturing space at Denbigh, Clarendon, by midsummer, from where it will produce canned and frozen foods for Jamaican consumers and foreign markets, according to Group CEO Don Wehby.The conglomerate...

Published:Wednesday | December 27, 2017 | 12:00 AMAvia Collinder

The Jamaican Government is said to be identifying new mining sites for licensing to the operators of Noranda Jamaica, to replace land now denied the bauxite company within the protected boundaries of the Cockpit Country."We are advised that the...

Published:Sunday | December 24, 2017 | 12:00 AMAvia Collinder

The Kingston property acquired by Carita Limited from Salada will become the food distribution company's new home in February, providing the base from which it will later diversify into production, according to CEO Rita Hilton.Coffee company Salada...

Published:Friday | December 22, 2017 | 12:02 AMAvia Collinder

The Celebration Jamaica casino resort project will be executed, its principals said this week, notwithstanding setbacks of the past that included the...

Published:Wednesday | December 20, 2017 | 12:00 AMAvia Collinder

The Jamaica National Heritage Trust, JNHT, is on a quest to preserve the Blue Lagoon as a protected national heritage site and is seeking a declaration of the area as a national monument. A management plan for the area has been drafted."We expect by...

Published:Sunday | December 17, 2017 | 12:00 AMAvia Collinder

Allison Pitter & Company Limited has been commissioned to sell fixtures at Cuddy'z, a once-popular restaurant and sports bar located in the New Kingston Shopping Centre...

Published:Sunday | December 17, 2017 | 12:00 AMAvia Collinder

The National Housing Trust (NHT) indicated at midyear that it had closed bidding on the Orange Grove Estate in Trelawny, but the state agency was back in the market this month with a new invitation for investors to consider the historic property for...

Published:Friday | December 15, 2017 | 12:02 AMAvia Collinder

The officials in charge of state company Harmonisation Limited, which has ambitions of getting into the casino business, have been elusive about the company's...

Published:Wednesday | December 13, 2017 | 12:00 AMAvia Collinder

Continental Baking Company Limited, operator of National Bakery, is building a new bakery outlet in Kingston that will feature storage facilities and 5,000 square feet of retail space.The new distribution point at the corner of Skibo Avenue and...

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