Businessman Elias ‘Lee’ Issa is entering the retail clothing market in Negril through the Kix store brand, expanding his business holdings beyond the hotels and other ventures he already operates in the resort town. In addition to the clothing...
Caribbean Development Bank, CDB, the designated host institution for the SheTrades Caribbean Hub aimed at supporting women-led businesses to access markets and investment opportunities, will launch the platform near the end of this month. The...
The board of the Jamaica Agricultural Society, JAS, is in discussions with the Ministry of Agriculture on the possibility of reconstituting itself as a charitable organisation after its divestment by the state. JAS currently operates as an agency...
Jamaica’s outsourcing sector has quadrupled the number of jobs in a decade, but it still has a far way to go to reposition as a market for higher-end services. Currently, basic business process outsourcing, or BPO, segment accounts for 75 per cent...
As the Bank of Jamaica combs through the applications for microcredit licences, a clearer picture of the dispersed sector that has now fallen under its regulatory umbrella is emerging. Only 13 firms have been licensed to date, at last report, with...
Anthony Tharpe, CEO of the Caribbean Real Estate Fund Limited, otherwise known as Careif, has been canvassing for industry support following a loss in the Court of Appeal which means, he says, that property contracts can be voided if a developer...
The official data on cocoa is lagging, but businesses and the regulator overseeing the market say more cocoa-based products are being produced in Jamaica, and as part of the trend, more local beans are being supplied as raw material to local...
A pandemic can change perspective. And for Thalia Lyn, the past chief executive, deputy chair and founder of food service company Island Grill Group, that meant a recalibration about who to hand over management of the business to that had just come...
Yummy Jamaican Ventures LLC, a start-up run by Jamaican entrepreneur Heather Elliot-Whitehead, is targeting the frozen soups market in New York. Based in Brooklyn, the family-run operation produces its line of Yummy Jamaican Frozen Soups and its...
