Tue | Mar 26, 2019

Business

Published:Tuesday | March 26, 2019 | 12:10 AM

Britain has just a few weeks to break its Brexit impasse, with the fate of the country’s departure from the European Union, and of Prime Minister Theresa May, both hanging in the balance. Here’s a look at what might happen next: DEAL OR NO DEAL...

Published:Sunday | March 24, 2019 | 1:53 AMAvia Collinder - Business Reporter

Few microfinance companies have finalised their review of the legislation that will soon police their business practices, but those who have are worried. One of the top companies in the field, Access Financial Services Limited, warned this week...

Published:Sunday | March 24, 2019 | 12:24 AM

ADVISORY COLUMN: INSURANCE HELPLINE Reports in this newspaper spaced almost 10 years apart record an ongoing debate about whether epileptics are fit to drive. Those arguing for include the Jamaica Epilepsy Association. Road safety officials in the...

Published:Sunday | March 24, 2019 | 12:23 AM

COLUMN: CARIBBEAN FOREIGN POLICY It is probably without precedent for a major Caribbean industry to declare that unless Caricom’s Common External Tariff, the CET, is properly enforced, the livelihoods of hundreds of thousands of rural and other...

Published:Sunday | March 24, 2019 | 12:23 AM

MARCH 25 Caribbean Policy Research Institute public forum PATH Police...

Published:Sunday | March 24, 2019 | 12:23 AM

ADVISORY COLUMN: PRODUCTIVITY Why do some executives resist making long-term plans for their business? The hidden secret is a deep fear of failure, but there’s a way to be confident about the top team’s quality of visionary thinking. Vague...

Published:Sunday | March 24, 2019 | 12:21 AM

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: I have a friend in Jamaica right now looking to get a mortgage. Can you help or send him in the right direction? – Keith FINANCIAL ADVISER: The main mortgage lending institutions in Jamaica...

Published:Sunday | March 24, 2019 | 12:11 AM

Jamaican Teas Limited has hived off its investment portfolio, inclusive of the KIW International holdings, into a new subsidiary that is to be listed on the stock market. Jamaican Teas chairman John Jackson says the preparations are ongoing for an...

Published:Sunday | March 24, 2019 | 12:11 AM

Barita Investments Limited will enter the investment banking market, a move meant to shore up revenues that are pressured by falling ­interest rates. “It is a new line of fee income business that is not traditional at Barita. We want to bring that...

Published:Sunday | March 24, 2019 | 12:10 AM

Jamaican Teas is looking to tap into a more sophisticated market for its teas and expand its portfolio of ­manufactured products beyond beverages, a decision that Marketing Manager Charles Barrett says was driven by ­consumption surveys. The push...

Published:Sunday | March 24, 2019 | 12:09 AM

Google unveiled a ­video-game streaming platform called Stadia, last week, positioning itself to take on the traditional video-game business. The platform will store a game-playing session in the cloud and lets players jump across devices operating...

Published:Saturday | March 23, 2019 | 12:22 AMAvia Collinder - Business Reporter

Few microfinance companies have finalised their review of the legislation that will soon police their business practices, but those who have are worried. One of the top companies in the field, Access Financial Services Limited, warned this week...

Published:Friday | March 22, 2019 | 12:23 AM

Insurance company Guardian Life broke ground for its second high-rise development in two years, a 176-unit luxury apartment complex costing $4 billion, to be known as The Cambridge. Its first, the 66-unit Hampshire, located in proximity to the...

Published:Friday | March 22, 2019 | 12:21 AMAvia Collinder - Business Reporter

First Global Bank has created a hub to serve small and medium enterprises that are attempting to scale up their operations. President and CEO Mariame McIntosh Robinson, who announced the creation of The FGB SME Hub at First Global annual SME...

Published:Friday | March 22, 2019 | 12:21 AM

United Kingdom companies have ratcheted up their preparations for a disorderly no-deal Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit potentially eight days away, a...

Published:Friday | March 22, 2019 | 12:20 AMHuntley Medley - Senior Business Writer

Jamaica has benefited from, or is in the process of cashing in on, loans and other public- and private-sector development financing from the Inter-American Development Bank, IDB, amounting to more than US$5.1 billion for the 50 years of the bank’s...

Published:Friday | March 22, 2019 | 12:19 AM

Disney has closed its US$71-billion acquisition of Fox’s entertainment business, a deal that is likely to shake up the media landscape. Among other things, it paves the way for Disney to launch its streaming service, Disney Plus, due out later this...

Published:Friday | March 22, 2019 | 12:19 AM

European Union (EU) regulators have fined Google €1.49 billion (US$1.7 billion) for abusing its dominant role in online advertising, the third big antitrust penalty they’ve given the Internet giant since 2017. The latest punishment means the...

Published:Friday | March 22, 2019 | 12:18 AM

German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut €12 billion (US$13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be...

Published:Friday | March 22, 2019 | 12:17 AMAvia Collinder - Business Reporter

There was a time when Jamaica was producing nearly 40 million litres of milk per year, but that was nearly three decades ago. Now the dairy sector is doing 12-13 million litres annually, on average, a level it has been stuck at since around 2010....

Published:Friday | March 22, 2019 | 12:17 AM

A shortlist of candidates for the post of governor of the Bank of Jamaica, BOJ, and possibly a selection, is expected by September so that enough time will be available to make the transition in November this year when the incumbent Brian Wynter...

Published:Friday | March 22, 2019 | 12:16 AMNeville Graham - Business Reporter

Norbrook Equity Partners is working on a plan that aims to develop ice supply into a regional market. It starts with the $350 million that the investment holding company Norbrook and its joint-venture partners in Pure National Limited, PNL, are...

Published:Friday | March 22, 2019 | 12:16 AM

The German government’s panel of economic advisers nearly halved its German growth forecast for this year to 0.8 per cent — the latest in a long list of downgrades for Europe’s biggest economy. In a regular update Tuesday, the panel cut its 2019...

Published:Thursday | March 21, 2019 | 12:11 AM

Jean-Claude Juncker, the president of the European Commission, says Britain should leave the European Union, EU, by the start of elections to the European Parliament on May 23 if the country is not taking part. That’s earlier than the request...

Published:Wednesday | March 20, 2019 | 12:18 AMAvia Collinder/Business Reporter

Pear Tree Xpress is spending upwards of $300 million on the expansion of the office complex, new equipment and a new management information system, NIS, all intended to double capacity. The print company is adding space upstairs its Kingston...

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