Category: Business

New FLOW Call Center to Create 350 Jobs

A new state of the art call centre being built by telecommunications company FLOW, promises to create approximately 350 new jobs. The centre is being built in...

Bio-Ethanol Plant to Generate 600+ Jobs

Fuel developer, Benchmark Renewable Energy Company, says it will invest USD$95-million or just under JMD$12-billion in the construction of a large scale bio-ethanol...

Bunting & Golding Return to Proven

Former Cabinet colleagues, Peter Bunting and Mark Golding, have returned to the private sector, eight days after the PNP were beaten in the general elections. Bunting,...

Economy Registers 0.6% Growth in Q4 2015

The Planning Institute of Jamaica, PIOJ says the economy grew by zero-point-6 percent for the October to December quarter in 2015. This is relative to the corresponding...

April 1 Implementation of Tax Promise Could Complicate the System

Country Managing Partner and tax expert at Ernst and Young, Allison Peart says the incoming JLP administration will have to provide more details on its income tax plan,...

Concerns Over Plans to Raise Minimum Wage

President of the Business Process Industry Association of Jamaica (BPIAJ), Yoni Epstein has expressed concern regarding the plans by the Jamaica Labour Party to increase...

Derrimon Trading Registers $89m Profit

Derrick Cotterell’s Derrimon Trading has seen reported $88.78-million in profit for the financial year ended December 31. This is a $36.5-million dollar improvement...

Mayberry Registers 80% Fall in Net Profits

Mayberry Investments has experienced an 80 per cent fall in its Net Profits for the fiscal year ended last December when compared to 2014. According to the company’s...

First Citizens Clears US$175m Debt

Trinidad and Tobago’s state bank First Citizens has ended its relationship with international investment firm, Moody’s Investor Services. This follows last week’s...

Appleton Rebranded

Appleton Estate has been re-branded to reflect what J Wray & Nephew says is its ‘new premium global position’. The new packaging on bottles such as Appleton...