Category: Business

Island Grill Boss Urges Govt to Make Environmentally Friendly Packaging Cheaper

CEO of Island Grill, Thalia Lyn, says the government should lower the duty on environmentally friendly packaging, to offset their higher cost in light of the announced...

Get Used to Performance-based Pay, says Economist

Economist and CEO at the Jamaica Productivity Centre, Dr. Charles Douglas, says Jamaicans must get used to the idea of performance-based pay for productivity to...

Digicel Chosen to Rebuild Dominica’s ICT Infrastructure

The Government of Dominica has selected Telecommunications giant, Digicel, to rebuild its Telecommunications and ICT infrastructure. Digicel came out on top in the...

Sygnus Credit Investment Records US$1.4m Net Profits

Sygnus Credit Investment, which recently listed on the Jamaica Stock Exchange following a very successful Initial Public Offering, is reporting a net profit of...

Jamaica Broilers Acquires Crystal Farms Mills in USA

The Jamaica Broilers Group has acquired a Feed Mill and its associated assets in Georgia in the US. The company says it’s finalizing the execution of an Asset...

Exchange Rate Policy Remains Unchanged, says BOJ

Bank of Jamaica Governor, Brian Wynter says the country’s exchange rate policy is the same as it’s been for many years. He was responding to a statement from...

BOJ Holding Policy Interest Rates at 2%

The Bank of Jamaica (BOJ) says it’s to hold the policy interest rate offered on overnight placements at two percent. This decision reflects the Bank’s assessment...

Resigns Resigns as PSOJ CEO

Chief Executive Officer of the Private Sector Organisation of Jamaica, PSOJ, Jennifer McDonald has resigned from the post. The news was confirmed by PSOJ President,...

Road Improvements Boosting Business for Mechanics & Car Parts

Popular mechanic, Everette Fenton, says mechanics and garage owners are seeing a boost in business due to the many road works going on around the country. Mr. Fenton is...

Chamber of Commerce Endorses BOJ ForEx Intervention

The Jamaica Chamber of Commerce (JCC) says it strongly supports the moves the Bank of Jamaica, BoJ, have made recently to deal with the slide in the value of the...