Fri | Dec 6, 2019

Stories by Huntley Medley - Senior Business Writer

Published:Friday | December 6, 2019 | 12:36 AMHuntley Medley - Senior Business Writer

Gaming company Supreme Ventures Limited, SVL, wants to be a major contender in the global sport betting market and Gary Peart is convinced that this growing segment has the potential to double the size of the business he was tapped to chair in June...

Published:Friday | December 6, 2019 | 12:35 AMHuntley Medley - Senior Business Writer

A fter eight years in supporting roles at the multipurpose port run by Kingston Wharves Limited, Chief Operating Officer Mark Williams will assume the office of CEO of the KWL group on January 6. His appointment was announced by the board of the...

Published:Friday | November 29, 2019 | 12:27 AMHuntley Medley - Senior Business Writer

Shared office space provider Regus is about to open in Guyana, having already set up shop in Jamaica, Barbados and Trinidad...

Published:Friday | November 22, 2019 | 12:27 AMHuntley Medley - Senior Business Writer

Peter Melhado’s board-level association with Sagicor dates back 15 years, time in which he has become well acquainted with the business of the financial services conglomerate, particularly on the investment and commercial banking sides. It’s that...

Published:Friday | November 22, 2019 | 12:24 AMHuntley Medley - Senior Business Writer

Luis Prata has a reputation as a turnaround manager. But that is not his mission in Jamaica. The new managing director of Desnoes...

Published:Friday | November 15, 2019 | 12:27 AMHuntley Medley - Senior Business Writer

Emboldened by its recent successes in the mainland Chinese market, Rainforest Seafoods now has its eyes set on entering the United States and United Kingdom markets. Company officials did not disclose the timeline for entry, but said plans were in...

Published:Friday | November 8, 2019 | 12:34 AMHuntley Medley - Senior Business Writer

Thalia Lyn is ready to step out of the top job as chief executive officer officer at Island Grill and devote more time to her charitable work, having more than accomplished the initial mission that led her in the late 1980s to give up her preferred...

Published:Friday | November 1, 2019 | 12:32 AMHuntley Medley - Senior Business Writer

The Jamaican Government recently celebrated the belated certification of the now divested Norman Manley International Airport, NMIA, in Kingston as an aerodrome operation to international level. The accomplishment comes some 80 years behind the...

Published:Sunday | October 27, 2019 | 12:33 AMHuntley Medley - Senior Business Writer

The National Housing Trust, (NHT) is again trying to find a buyer on the open market for the nine-acre Orange Grove property in Trelawny it acquired more than six years ago amid a firestorm of controversy. The property houses the shuttered...

Published:Friday | October 25, 2019 | 12:15 AMHuntley Medley - Senior Business Writer

Neither Andrae Lynch nor Tamara Lynch has a degree in chemistry, Andrae’s university studies in the subject having been cut short by illness some years ago. But the enterprising Jamaican couple have drawn on a shared passion for experimentation...

Published:Friday | October 18, 2019 | 12:22 AMHuntley Medley - Senior Business Writer

One Jamaican exporter is reaping dividends from the ongoing trade war involving the United States and economic arch rival China. With US$185 billion worth of duties being slapped on American exports to China in retaliation for US imposition of US$...

Published:Sunday | October 13, 2019 | 12:08 AMHuntley Medley - Senior Business Writer

Ex-cop Herman Miller and wife Carolyn Rose Miller only have two products in their condiments range. And it would be easy to assume that their company is a long-standing player in the market, given the product packaging, slick promotional materials...

Published:Friday | October 11, 2019 | 12:26 AMHuntley Medley - Senior Business Writer

J amaica’s state-backed facilitator Jamaica Business Development Corporation, JBDC has, in the 18 years since its it was set up, been stretching its relatively small annual budget to support and build a more sophisticated micro, small and medium...

Published:Friday | October 4, 2019 | 12:26 AMHuntley Medley - Senior Business Writer

Data analytics and market research company Blue Dot Data Intelligence Limited is a start-up that appears to be defying the slow growth and funding profile of small entrepreneurial ventures. Having reached five years into its operations this month...

Published:Friday | October 4, 2019 | 12:25 AMHuntley Medley - Senior Business Writer

Carl Sharpe considers himself a late arrival to the world of entrepreneurship. At 61, the father of five adult children and a mechanical engineer, who is about to retire from a 40-year practice in that profession, is building a promising chocolate-...

Published:Friday | September 20, 2019 | 10:10 AMHuntley Medley - Senior Business Writer

  Chairman of J Wray & Nephew Limited Clement ‘Jimmy’ Lawrence has taken the reins as chairman of the Spirits Pool Association Limited, the 87-year-old umbrella organisation made up of rum distillers in Jamaica, amid a quarrel...

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

Over the past eight years, the Branson Centre of Entrepreneurship Caribbean has invested more than US$1 million to help scores of entrepreneurs launch and grow their businesses. That has largely been money from its initial 10-year grant – the size...

Published:Friday | September 13, 2019 | 12:30 AMHuntley Medley - Senior Business Writer

Jovan Evans is building a complete water solutions business. It’s nothing high-tech. Just practical solutions to everyday problems stemming from inadequate or unreliable water supply. His immediate preoccupation is getting enough products to the...

Published:Friday | September 13, 2019 | 12:26 AMHuntley Medley - Senior Business Writer

It might be working feverishly behind the scenes to cool tempers and iron out differences as it normally does in these matters, but the secretariat for regional trade bloc Caricom is not saying anything publicly about the running battle between...

Published:Friday | August 30, 2019 | 12:06 AMHuntley Medley - Senior Business Writer

High interest rates will kill off businesses, and Delroy Christie knows this only too well because he has been a casualty of the unforgiving regime of the 1990s. Christie is a serial businessman who is holding his own in sectors including...

Published:Friday | August 23, 2019 | 12:33 AMHuntley Medley - Senior Business Writer

Citibank NA has long transformed its global operations into a lean, mean machine and its Jamaica business, headed for the past two year by career banker Eva Lewis, is not venturing outside the worldwide business model. Still, the American bank,...

Published:Friday | August 2, 2019 | 12:25 AMHuntley Medley - Senior Business Writer

It has been named ‘S’ to provide its own unique identity, but it’s not too difficult to discern that the newest resort on Jimmy Cliff Boulevard in Montego Bay is a sister property to the trendy Spanish Court boutique hotel in Kingston. Both hotels...

Published:Friday | July 26, 2019 | 12:39 AMHuntley Medley - Senior Business Writer

By its own calculation, state-run Tourism Enhancement Fund, TEF, has pumped more than $36 billion into projects meant to both improve Jamaica’s tourist product and to retain more of the earnings from the sector. It’s been 14 years since the agency...

Published:Friday | July 12, 2019 | 12:34 AMHuntley Medley - Senior Business Writer

The Hendrickson family’s National Baking Company has been consistent in its focus on meeting its customers’ expectation and demand for fresh bread and other baked products daily, and in the process, is prepared to spend big dough on capital...

Published:Friday | July 5, 2019 | 12:29 AMHuntley Medley - Senior Business Writer

Pharmaceutical distributor Indies Pharma Jamaica Limited, which reported in its April second-quarter financials that it had paid off all debts, is considering a return to its banks for loan capital to finance what founder and CEO Dr Guna Muppuri...

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