Jamaica Business News

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Updated: 16 min 42 sec ago

Payback critical to gas conversion - JEP

16 min 42 sec ago
Jamaica Energy Partners has decided to convert its diesel-fired generators to gas, but is yet to pick the fuel type.

Lasco gives consumer less for less - Produces smaller food drink for Jamaicans

16 min 42 sec ago
In response to consumer demand for more economical products, amid stagnant wages and declining disposable income, Lasco...

Salada using coffee brand to test spice market

16 min 42 sec ago
Salada Foods Jamaica Limited is weighing whether its popular Jamaica Mountain Peak coffee brand can deliver sales in a new food segment - condiments.

Cargo Handlers revises Bulk Liquid deal

16 min 42 sec ago
The Hart-controlled port company, Cargo Handlers Limited (CHL), has pulled back from full acquisition of Bulk Liquid Carriers...

Measure growth not only by balance sheet - PM

16 min 42 sec ago
The Government is working towards building an economic system that measures growth not only by a healthy balance sheet...

Latty: Flow not bothered by Digicel's entry in cable market

16 min 42 sec ago
Columbus Communications Jamaica, operator of Flow, says it is not bothered by Digicel's entry into the cable market, saying its...

Wind energy cheapest on the market - Wigton

16 min 42 sec ago
Earl Barrett, general manager of Wigton Windfarm Limited, says wind is the cheapest source of power available, locally, and the...

YPF and Petronas negotiating Pemex tie-up

16 min 42 sec ago
Argentina's YPF and Malaysia's Petronas are negotiating a joint-venture with Mexico's Pemex - possibly starting with shallow...

Shale boom to put US on top of petroleum output league

16 min 42 sec ago
The United States is overtaking Saudi Arabia to become the world's largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped...

Booking company points to growth in hotel revenue

16 min 42 sec ago
A leading online agency, Expedia, has said its Average Daily Rate for bookings through its site, which is up by seven per cent...

Cuban cologne creators to face punishment

September 30, 2014 - 8:40pm
Cuba will punish state employees who created two colognes named for Ernesto 'Che' Guevara and late Venezuelan President...

More business in brief - Dominica introduces new travel tax

September 30, 2014 - 8:40pm
businessin briefDominica introduces new travel taxThe Dominica government has introduced a new travel tax on visitors to raise funds for port upkeep.The EC$27 entry tax and a EC$5 security fee took effect on July 14, but was revealed in parliament a...

Businessman calls for collaborative effort to address street people

September 27, 2014 - 4:19pm
OCHO RIOS businessman Lesbert Thomas, owner of Mongoose Jamaica Restaurant, has called for a collaborative effort to address the problem of homeless people roaming the streets of the resort town.

The Source Farm Ecovillage launches Sunday Dinner Project

September 27, 2014 - 4:19pm
IN JAMAICA, the Sunday dinner is traditionally the biggest and most anticipated evening meal of the week. No one knows for certain when the weekly observance of this 'extravagant' delight started, but the best bet is in the days of slavery when enslaved Africans were allowed to have this once-a-week grand repast.

Environmental association to receive US$10,000 to plant trees

September 27, 2014 - 4:19pm
THE TOWN of Annotto Bay, St Mary, has suffered a lot from bad environmental practices.

Struggling BlackBerry releases new phone

September 26, 2014 - 2:42am
BlackBerry launched a new smartphone Wednesday as the embattled Canadian company hopes for a comeback.

more business in brief - Brazilian tycoon charged with market manipulation

September 26, 2014 - 2:42am
Federal prosecutors in Sao Paulo have charged Brazilian tycoon Eike Batista with manipulating the stock market and causing billions of dollars in losses.

Tesco suspends execs over inflated profit report

September 24, 2014 - 1:35am
Tesco, the world's second-largest supermarket chain after Walmart, has suspended four executives and launched an...

Clorox exits Venezuela citing government restrictions

September 24, 2014 - 1:35am
Clorox is shutting down all operations in Venezuela citing restrictions by the government, supply disruptions and economic uncertainty.

Correction and Clarification

September 24, 2014 - 1:35am
The following are corrections to the story 'Collateral roadblock' published September 21, 2014: