The founder of Huawei says the Chinese tech giant is moving its US-based research centre to Canada due to American sanctions on the company. Huawei’s founder, Ren Zhengfei said the move was nece...

The nation’s business economists expect US economic growth to decelerate this year and next but for the economy to avoid stumbling into recession, extending a record-breaking expansion already in i...

If you’ve driven around Kingston recently, you would notice that there is a lot of construction taking place- from roadwaysto commercial and residential properties. One construction company maki...

The initial public offer (IPO) for the Sagicor Manufacturing and Distribution Select Fund closed successfully on Wednesday. The class C ordinary shares of the newly formed Sagicor Select Funds, ...

Dr Dhiru Tanna, chairman of Blue Power Limited has indicated that a new ruling from the World Customs Organization, will lead to a fresh 40 per cent charge for bath and laundry soaps produced by th...

A plan put forward by Wisynco a year ago to sevenfold revenues from the export market should get on track by June 2020 from a push of its sparkling fruit-flavoured beverages into the Caribbean mark...

Scotia Jamaica Life Insurance Limited is moving to further grow its operations, after discontinuing plans to enter into a sale and distribution agreement with Sagicor Financial Corporation. Scot...

Carreras Limited (CAR) has advised that effective January 31, 2020, Marcus Steele will be stepping down from his role as managing director. His departure brings to an end 22 years of providing l...

NCB Financial Group subsidiary, NCB Capital Markets (Cayman) Limited, has announced the appointment of Alessandro Sax as a portfolio manager in the company’s Cayman Islands office boosting the firm...

Sagicor Financial is now an associated company ofJMMB Group following the latter's acquisition of a 22 per cent stake in the insurance conglomerate. JMMB acquired 33,213,764 common shares of Sag...

Norbrook Equity Partners announced Thursday that it has sold a 10 percent stake in Express Fitness Limited to Sagicor Investments Jamaica Limited. The investment is the first step in a broader p...

Itelbpo in partnership with Invest Saint Lucia is developing a 20,000 square feet factory shell in the eastern Caribbean island. Located at the Hewanorra Free Zone in Vieux-Fort, the itelbpo fac...

President and CEO of Scotia Group Jamaica, David Noel says the group will be investing in infrastructure including a $500 million investment to create a state-of-the-art branch network. Renovati...

Eight students from the University of the West Indies (UWI) and the University of the Technology (UTech) have been named ambassadors of the inaugural Victoria Mutual Building Society’s (VMBS) Finan...

New data from the Financial Services Commission (FSC) indicates that total industry value for pension funds at month-end June 2019 increased by approximately eight per cent. This represents an e...

ScanBox Limited, a Jamaican tech company operated by Winston Henry, has launched a new loan app for which the target market is small and medium-sized lenders who need to speed up loan processing. ...

Market at theLawn has for the past 10 years been a one-stop experience for holiday shoppers. Described as an open-air flea market, the event conceptualised by Kaili Scott provides local artisans...

Jampro President Diane Edwards is encouraging local companies to take full advantage of the agency’s range of services to drive investment and trade in Jamaica. She made a special call to large ...

Sagicor Life Jamaica awarded 10 health care providers in the Clarendon, Manchester and St Elizabeth region for excellence in client service delivery and industry best practices. The recognition ...

Coffee processor Salada Foods Jamaica Limited saw its net profit dip by 35 per cent to $141.3 million at year-end September 2019. Profit for the 2018 period was $219 million. Dianna Blake-Bennet...