Sat | Nov 27, 2021

Business

Dr Wayne Henry, director general of the Planning Institute of Jamaica.

T he Jamaican economy grew 6.3 per cent for the July-September 2021 quarter relative to the similar quarter in 2020, reflecting continued recovery in most sectors, except mining, preliminary growth estimates from the Planning Institute of Jamaica...

Marijuana company Kaya shipped five kilogrammes of cannabis flower to Australia, its first such export arrangement. The shipment, valued at $1.3 million, was made in November. Kaya, which operates a ganja farm as well as a chain of medical...

Managing Director of Consolidated Bakeries Jamaica Limited, Anthony Chang.

Baked-goods sales are on track to re-enter the $1-billion band at Consolidated Bakeries Jamaica, which trades as Purity Bakery, but the positive trajectory failed to appease some minority investors who are eager for profit. “If things continue...

The Untied States economy slowed to a modest annual rate of 2.1 per cent in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate. But economists are predicting a solid rebound in...

The Jamaica Stock Exchange (JSE) Combined Index continued its rally on Wednesday, marginally up on moderate trading, with an advance/decline ratio of 47/35. The JSE Combined Index advanced by 2,146.92 points or 0.54 per cent to close at 397,387.97...

Food and financial services group GraceKennedy Limited will engage investment bankers about the potential listing of its foods business, GraceKennedy Foods, on an international stock exchange next year. Refreshed talks around the listing of the...

Diana Blake-Bennett, the former head of coffee processing company Salada Foods Jamaica, has been recruited to head Jamaican Teas’ manufacturing division. Blake-Bennett’s appointment as CEO, which took effect on November 15, sees her taking control...

International hotel chains are looking to develop villa communities in Jamaica, reflecting an evolution in thinking regarding the travel market that is seen as starting to favour residential-style accommodation over impersonal hotel room settings...

Bank of the Jamaica, BOJ, which houses the prime contact office that spearheads Jamaica efforts to bring the country’s laws in line with the global regime on anti-money laundering and countering the financing of terrorism, or AML/CFT, regime, has...
Subscribe to Business