Fri | Dec 14, 2018

Business

Once its foreign import rival in the paint market, Berger has brought the production of Penta paints in-house, a new arrangement that migrates manufacturing business formerly done in Trinidad...

Stewart's Automotive Group, one of the largest car dealers in Jamaica, plans to build a large complex spanning over 5,000 square metres on South Avenue in Kingston.The company is pumping more than US$...

Food and financial services conglomerate GraceKennedy Limited has big plans for the expansion of a new joint-venture food business in the United States.Patty manufacturer Majesty Foods is based in Florida...

Pharmacy company Fontana Limited will wrap up the development of its sixth store next year in Kingston, but is already looking for new sites in Montego Bay and Portmore to expand the chain even further.Fontana disclosed the expansion plans as it...

The Haiti operation of the Jamaica Broilers Group are substantial enough to now be classified as its own geographic segment.That decision was put into effect over seven months ago, and now the poultry company has followed that up with an increased...

Soap maker and lumber distributor Blue Power Group continues to operate debt-free while racking up double-digit revenue growth, having paid off its loans last year."We had a loan with Development Bank of Jamaica to install solar [power]. But when we...

Scotia Group Jamaica Limited will distribute life insurance products on behalf of Sagicor Group Jamaica's insurance arm, for which it will earn fees, once the sale of its life insurance business is concluded.The No. 2 banking group will set up a new...

Caribbean Cement Company Limited and its mining subsidiary have acquired a five-year loan from National Commercial Bank Jamaica that will be used mainly to repay older debt.The $3.096 billion loan proceeds will be distributed in the US dollar...

Top European Union officials on Tuesday ruled out any renegotiation of the divorce agreement with the United Kingdom, as Prime Minister Theresa May fought to save her Brexit deal by lobbying leaders in Europe's capitals.May began her quest over...

Online retailers are getting physical. A growing number of brands born on the Internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online.But they're taking it even...
Subscribe to Business