Business

Retiring early does not mean abandoning the world of work in total, at least not according to 54-year-old Charlene (*name changed as requested), who left the demanding role of a job in corporate Jamaica, took a year off from working, and started another job on a...

Starbucks expands to Barbados 6:20 pm
Following a difficult year which saw earnings take a hit from the novel coronavirus pandemic, Starbucks Coffee Company, in partnership with Caribbean Coffee Traders Limited (CCTL), opened its first store today in the island of Barbados.

ExxonMobil announces new oil discovery in Guyana 5:30 pm
International energy company ExxonMobil said earlier this week that it has made a new discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 metres) of net pay in high-quality oil bearing sandstone reservoirs.

Starbucks expands to Barbados

Friday, July 30, 2021

Following a difficult year which saw earnings take a hit from the novel coronavirus pandemic, Starbucks Coffee Company, in partnership with Caribbean Coffee Traders Limited (CCTL), opened its first store today in the island of Barbados.

PA Benjamin Manufacturing signs new packaging agreement with Canadian firm

Friday, July 30, 2021

HAVN Life Sciences Inc, a biotechnology company based in Vancouver, Canada, has announced a new agreement with PA Benjamin Manufacturing Company (PAB) in Kingston for the packaging of extracted compounds from Hypha Wellness Jamaica Psilocybin, a Jamaican food and psychoactive mushroom...

JMMB targets bank acquisition in the region

Friday, July 30, 2021

JAMAICA Money Market Brokers (JMMB) Group has announced plans to acquire new banking operations in the region. The disclosure was made in the group's annual report for the financial year ended March 31, 2021.

ExxonMobil announces new oil discovery in Guyana

Friday, July 30, 2021

International energy company ExxonMobil said earlier this week that it has made a new discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 metres) of net pay in high-quality oil bearing sandstone reservoirs.

St Lucia's geothermal energy project gets approval for World Bank funding

Friday, July 30, 2021

THE World Bank on Wednesday last approved US$21.9 million to fund a geothermal energy exploration project in St Lucia.

ECLAC calls for regional strategy for producing, distributing vaccines

Friday, July 30, 2021

LATIN America and the Caribbean can and should become actors in the development and production of new vaccines in the framework of a regional health strategy, says executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) Alicia...

Proven makes US$8.5-million commercial property investment

Wednesday, July 28, 2021

Within another 11 months the capital city's skyline will be enhanced by a five-storey building on Lady Musgrave Road housing the operations of local financial house Proven and Tingrinners Orthodontic Services.

Fontana expanding

Wednesday, July 28, 2021

Fontana Pharmacy this week disclosed that it is investing more than $100 million in a new location in Portmore, St Catherine, that will employ upwards of 80 Jamaicans.

Sagicor X-Fund now focused on diversified real estate investments Company

Wednesday, July 28, 2021

Following the early exit of its multi-billion-USD investment in Playa Hotels and Resorts, Sagicor Real Estate X-Fund Limited has shifted its focus back to Jamaica as the country undergoes an explosion of construction activity during the novel coronavirus pandemic.

First Rock successfully fully raises $700m

Wednesday, July 28, 2021

First Rock Capital Holdings has raised $700 million in corporate bonds. The medium term 6.5 per cent bond was arranged and brokered by Sygnus Capital.

Businesses to significantly benefit from digital currency transactions

Wednesday, July 28, 2021

As digital currencies shape up to become the preferred legal tender in the next few years, at least one digital expert has said that businesses are going to benefit from transactions done through these technologies.

Discouraging but understandable

Wednesday, July 28, 2021

A day after more restrictions were announced to help contain the early stages of a third spike in novel coronavirus cases, businesses, especially quick-service restaurants (QSRs), are counting the cost, even as they say they understand the prime minister had to act to prevent a...

Sangster's Coffee paves the way for more foreign investments

Wednesday, July 28, 2021

“I'VE brought opportunities to Jamaica just because I love our country, and I feel that when people like you and they trust you, you can really move the needle in business a lot faster.” The words of Bindley Sangster, Jamaican coffee farmer, ex-military and entrepreneur.

First Rock hopes for luxury market revival, introduces villas in Kingston

Wednesday, July 28, 2021

IN Manhattan, New York, in the United States and in London in the United Kingdom, the luxury home market has made a roaring comeback in 2021. In Jamaica, First Rock Capital is hoping that the same trend will take hold with its plan to build Hambani Estate, a 12-unit...

Alex Morrissey — Encouraging social influence, redefining online marketing

Wednesday, July 28, 2021

JULY 15 marked the sixth anniversary of digital media agency ESIROM, and the company's 20 plus employees, two locations, and some major projects under its belt seem like a dream come true for Director Alex Morrissey.