Category: Business

Economist Predicts Good Economic Year

Financial Analyst and Publisher of the online business magazine “Investor’s Choice”, John Jackson, is predicting that 2016 will be a good year for the...

World Bank Projects 2.1% Growth

The World Bank says the Jamaican economy should grow by 2.1-percent this calendar year. The projection was published today in the World Bank’s first Global...

Gleaner-RJR Investors Re-Convene This Week

Shareholders in the RJR Communications Group and the Gleaner Company are to convene this Thursday for a second extraordinary general meeting. Chairman of the RJR Group,...

GraceKennedy Divests H&L Shares

GraceKennedy Limited has announced that it has divested its more than 58 per cent shares in Hardware and Lumber, H and L. The local supplier of hardware products, Rapid...

Gas Prices Down

Petrol prices are set to decrease at the pumps this week. Petrojam says the price of 87 and 90 octane gasoline has decreased by $1.72 per litre. The price of Automotive...

‘Stop Worrying About the Dollar’ – Chung

The Chief Executive Officer of the Private Sector Organization of Jamaica, PSOJ, Dennis Chung, says Jamaicans should stop fretting about the depreciation in the value of...

Heineken Completes Diageo Deal

British based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for USD$781-million. The deal, which was announced in October, will...

JDX Bondholders to Reap Rewards in February

Health Minister, Horace Dalley says Jamaicans who participated in the National Debt Exchange, NDX in 2013 will soon see the fruits of their sacrifice. The government...

JGRA Wants New Licensing Regime

The Jamaica Gasolene Retailers Association, JGRA, is calling on the government to implement a licensing regime for multinational petroleum marketing companies doing...

Gas Prices Up

Petrol prices are set to fall at the pumps this week. Petrojam says the price of 87 and 90 octane gasoline has increased by $0.05 per litre. The price of Automotive...