Wed | Feb 20, 2019

Business

Published:Wednesday | February 20, 2019 | 12:26 AM

Texaco Jamaica has hit its centenary, but has not lost its vigour.

Published:Wednesday | February 20, 2019 | 12:22 AM

Cardboard maker AMG Packaging & Paper Company Limited is sticking with its core activity for now, despite being pressed by shareholders four times about new ventures, in particular, plans to take advantage of the Government’s ban on...

Published:Wednesday | February 20, 2019 | 12:20 AM

Walmart beat expectations on quarterly profit and revenue, and e-commerce sales surged during the critical holiday period. Walmart is the first major retailer to deliver fourth-quarter results and its performance provides more evidence that efforts...

Published:Wednesday | February 20, 2019 | 12:19 AM

OP-ED CONTRIBUTION: TAX FILING Last week’s article focussed on the entities and individuals that are required to file an income tax return. Now for a brief overview of the income tax preparation and filing process. It is in no way exhaustive...

Published:Wednesday | February 20, 2019 | 12:17 AM

Tarik Perkins is “busy, busy, busy”. It’s the make-it-or-break-it season for Maxfield Bakery, whose Easter buns bring in 49 per cent of yearly revenue. So Perkins and his upsized team are focused on getting ready to spice up the...

Published:Wednesday | February 20, 2019 | 12:16 AM

KPREIT offloading two condos Kingston Properties Limited, KPREIT, expects to collect US$450,000 from the sale of two condo units in Florida. The sale of the unit located on the Midblock Condominium complex in Midtown, Miami, Florida, has closed,...

Published:Wednesday | February 20, 2019 | 12:11 AM

A federal control board overseeing Puerto Rico’s finances announced on Monday that it would require more transparency from its vendors following an independent investigation into allegations of conflict of interest. The probe focused on...

Published:Wednesday | February 20, 2019 | 12:11 AM

Mexico will close its infamous Isla Marias prison, the last island penal colony in a hemisphere once dotted with remote island jails like the one depicted in the movie Papillon. President Andres Manuel Lopez Obrador said Monday that Mexico...

Published:Wednesday | February 20, 2019 | 12:11 AM

Five non-profits aiming to raise a combined $90 million as a precursor to listing their projects on the Jamaica Social Stock Exchange, the JSSE, have amassed 15 per cent of the target on the first day of the launch of the pledging website on Monday...

Published:Wednesday | February 20, 2019 | 12:10 AM

Caribbean Producers Jamaica, CPJ, has opened a store in St Lucia, marking the expansion of its retail footprint outside Jamaica for the first time. And there’s more to come, said CEO David Lowe in an interview with the Financial Gleaner. The...

Published:Tuesday | February 19, 2019 | 10:58 AM

Mexican President Andres Manuel Lopez Obrador announced a US$3.9 billion bailout for the country's cash-strapped, state-owned oil company

Published:Tuesday | February 19, 2019 | 12:22 AM

Honda will close a car factory in western England with the potential loss of 3,500 jobs, British media and a local lawmaker said Monday,

Published:Sunday | February 17, 2019 | 12:24 AM

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER Professional sportsmen and sportswomen can earn substantial income – and some do. The successful ones differ from most of us because they tend to make high earnings in a short time and generally...

Published:Sunday | February 17, 2019 | 12:23 AM

COLUMN: FOREIGN POLICY Caribbean private sector organisations are important. They like the media, academia and non-governmental organisations are central to the retention of plurality in the region. Until quite recently, such business associations...

Published:Sunday | February 17, 2019 | 12:22 AM

ADVISORY COLUMN: INSURANCE HELPLINE The staff in the Financial Services Commission’s insurance division and its leaders earned applause last week. They have started a process to modernise the ways in which the $107 billion insurance industry...

Published:Sunday | February 17, 2019 | 12:21 AM

ADVISORY COLUMN: BUSINESSWISE The Businesswise column titled “Bank Customer Feels Naked and Exposed” published February 3, 2019, triggered a flood of responses from members or the public who fear being stripped of their right to privacy...

Published:Sunday | February 17, 2019 | 12:20 AM

NCB Financial Group has been forced to extend the closing deadline for its takeover of Guardian Holdings Limited (GHL) because it still has hurdles to clear. Jamaica’s largest banking group needs approvals from Trinidad & Tobago’s...

Published:Sunday | February 17, 2019 | 12:15 AM

Proven Investments Limited (PIL) has acquired a 20 per cent stake in events company Dream Entertainment Limited, adding a new line to the company’s portfolio of assets that is largely focused on investment, real estate, and microfinance in...

Published:Sunday | February 17, 2019 | 12:13 AM

Large poultry producers Jamaica Broilers Group (JBG), signed a three-year agreement earlier this month with shipping company United Bulk Carriers (UBC) to supply grain to its operations in Jamaica and Haiti. The two companies signed the charter...

Published:Saturday | February 16, 2019 | 12:26 AM

Trade Winds Citrus’s ambition to become a dairy producer is still unfulfilled after 18 months awaiting permits for its preferred cattle b

Published:Friday | February 15, 2019 | 12:24 AM

Venezuela’s chief prosecutor said Thursday he has launched an investigation into opposition leader Juan Guaidó’s appointment of a transitional board of directors for the state oil company. Attorney General Tarek William Saab said...

Published:Friday | February 15, 2019 | 12:23 AM

Total Jamaica Limited appears poised to take the top spot in the local petrol market, at least in terms of the number of stations that it operates, with the announced agreement to acquire rival Epping. The terms of the acquisition were not...

Published:Friday | February 15, 2019 | 12:21 AM

The green US$6.5 million multistorey edifice in New Kingston was much talked about during its construction when speculation was rife abou

Published:Friday | February 15, 2019 | 12:19 AM

China’s January exports rebounded from a contraction amid a tariff battle with Washington while Chinese purchases of US goods plunged.

Published:Friday | February 15, 2019 | 12:19 AM

A coalition of at least 10 manufacturers and distributors in the beverage industry have agreed to impose a cess on polyethylene terephtha

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