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Jamaica Business News, Economy, and Financial Sector Information

NCU team heads to Silicon Valley for International Business Model Competition

Wednesday, March 29, 2017


Natsima Nutraceuticals team members Lancelot Riley (left), Fiona Bowley, Oshane Solomon, Shanea Wint, and Alston Miller after placing first in the National Business Model Competition last Friday.

Northern Caribbean University (NCU) has been crowned winner of the National Business Model Competition (NBMC) and will represent Jamaica at the upcoming International Business Model Competition (IBMC) in Silicon Valley, California. Its the fourth-consecutive year that NCU has walked away winner of the competition s ...more





Head east!

Wednesday, March 29, 2017

Indian High Commissioner to Jamaica Shri Sevala Naik reckons that the Government of Jamaica should do more to aggressively woo international investors to the island’s business process outsourcing (BPO) industry. India, which exported roughly ...more

Therapedic Caribbean signs $60-m deal with Hilton Rose Hall

Wednesday, March 29, 2017

Local bedding company Therapedic Caribbean has signed a $60-million contract with Hilton Rose Hall hotel to supply mattresses and box foundations for the refurbishing of the 489-room hotel. The Montego Bay, St James resort, owned and operated by th ...more

Douglas Orane reasons with MSBM students

Wednesday, March 29, 2017

Approximately 150 students from a number of faculties on the Mona Campus of The University of the West Indies (UWI) experienced first-hand interaction with prominent business professional, director and former CEO of GraceKennedy Limited Douglas Orane ...more

Tara Courier creates drop windows with Progressive Grocers

Wednesday, March 29, 2017

In a move to further expand its distribution footprint and consolidate its market leader position, Tara Courier Services Ltd has entered a strategic partnership with Jamaica’s largest supermarket chain, Progressive Grocers. Under the arrangem ...more

Red Stripe plans to employ 400 farmers

Wednesday, March 29, 2017

Beer manufacturer Red Stripe hopes to employ approximately 400 farmers over the next five years as part of plans to continue strengthening its import substitution strategy. The company, which recruited a new cadre of farmers for its Project Grow pro ...more

The changing face of sales and marketing

Wednesday, March 29, 2017

In 10 years from now there will be no such thing as separate marketing and sales departments. There will be one team comprising two interdependent disciplines. This is a vision that we believe has much to recommend it. David Thorp (2017) For a long ...more

Gaining financial freedom by watching your money work for you

Wednesday, March 29, 2017

Everyone can create their financial freedom once they can identify their goal and be able to choose what type of investment works for them. All you need is the understanding, dedication and persistency about investing in the stock market. Learning ...more

PMD becomes exclusive distributor of Diversey brand

Wednesday, March 29, 2017

Local company Pioneer Manufacturing Distribution Ltd (PMD) has been selected by Fortune 500 company Sealed Air Corporation to distribute its food safety and security and hygiene products, including those under the brand Diversey. The announcement of ...more

Heineken bottles out in Hungary beer row

Wednesday, March 29, 2017

BUDAPEST, Hungary (AFP) — A row between Heineken and a small Romanian brewer backed by the Hungarian government looked to be over Monday, just days after Budapest threatened to ban the Dutch giant’s famous red star logo. Heineken and Lix ...more

The real cost of social media

Wednesday, March 29, 2017

In my business, two of the more difficult challenges I’ve met are: 1. Convincing clients of the importance and relevance of social media to their business 2. Convincing them that it can be a demanding role that requires a real financial inv ...more




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