Wed | May 23, 2018

Business

Construction company Gore Developments Limited has set up its own quarry on lands in St Catherine, a $400-million investment that Chairman Phillip Gore says should lead to a reduction in the price of homes it sells in two years.Gore Developments...

Despite the Bank of Jamaica (BOJ) reducing interest rate five times since last July, Governor Brian Wynter says further and more robust downward adjustments may be needed to overcome the sluggishness of the economic recovery.Last week, the central...

The mining and quarrying industry, which grew by 25.5 per cent, contributed the lion's share to a 1.2 per cent expansion of the Jamaican economy during the March 2018 quarter.For fiscal year 2017-18, however, the growth rate was anaemic as the...

Community & Workers of Jamaica Co-operative Credit Union Limited (CWJCCU) launched a deferred share offer on Friday that seeks to raise $900 million from investors and other cooperatives...

PanJam Investment Limited acquired six acres of land for a hotel and shopping centre in Freeport, Montego Bay, one of a series of new investments being pursued by the property conglomerate.The hotel targeted at business travellers will be developed...

Profit at Salada Foods Jamaica Limited is up nearly 80 per cent halfway through the company's financial year. Sales revenue are also up 19 per cent.But General Manager Dianna Blake-Bennett is not inclined to celebrate, not now, due to expectations...

QUESTION: I am 23 years of age and I am trying to build my wealth by investing; however, I am not sure where to start or where the best start for me is. I currently have a Sagi-Gold Accumulator policy but from my understanding, this is more of a...

QUESTION: Thank you for your invaluable service and the body of knowledge that you share each week. An insured submitted the required documents to the insurer within 7-14 days after an accident. The company took a further 33 days to investigate and...

What's wrong with holding interviews? Plenty, it turns out. Most companies rely on a series of informal chats with several prospects that ends with a hiring decision. However, there's strong evidence that this approach needs to be retired in favour...

For some years now, China has sought to deepen its relations with the countries of Latin America and the Caribbean. It has done so as a part of a long-term geopolitical strategy that is accompanying its rise to superpower status.Its objective in...
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