Building the Flow network - Columbus to spend $6.7b this year
Columbus Communications, which trades here as Flow, says it will spend US$100 million (J$6.7 billion) to continue the build out of its Jamaican network and hopes to have all its Kingston infrastructure in place by August.
Blue Mtn Coffee Cooperative signs exclusive US dealer
Blue Mountain Coffee Cooperative (BMCC), a group of farmers from the St. Thomas side of the mountain, have signed Las Vegas-based firm, Coffee Pacifica (CFPC), as exclusive dealer outside of jamaica to distribute its Penlyne Castle brand.
New Goodyear CEO upbeat despite fire
Notwithstanding the competitive market and high price elasticity, newly-appointed managing director of Goodyear Jamaica, Steven Miller, says that the tyre company plans to strengthen the brand in Jamaica and recapture lost market share.
OUR to link fees to company revenue
The Office of Utilities Regulation (OUR) has proposed to link its regulatory fees to the revenues of the companies it oversees, a development that would mean little to the larger firms, but likely translate a slash into the payments...
Red Stripe to revamp marketing strategy for Diageo brands
Red Stripe, which officially acquired the distributorship of the locally imported Diageo spirits Thursday, says it plans to revamp the marketing of the brands, but said shelf prices would not be affected immediately.
JN exits
Jamaica National Building Society (JNBS) has wound up its real estate subsidiary, completing the lockdown on Wednesday, but has redeployed staff to other jobs in and outside the group.
Special taxpayer service for small businesses
THE TAX Administration Services Department (TASD) said on Wednesday that it was setting up more than 100 service sites to offer free consultancy to small and micro businesses needing help to file...
Higher wages, less income deepen deficit
A $3.5 billion or 16 per cent shortfall on the government's December target for revenue collection would have contributed to the fiscal fallout.
One year into
One year after six states signed the agreement establishing the Caricom Single Market (CSM), regional politicians, private sector officials and technocrats have given cautious responses to the regional initiative.
CSM, pressures easing for businesses
So far, more than half of the member states have complied with the new travel requirement: Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, St. Lucia, Suriname and Trinidad and Tobago...
High investment, low growth and the link to good governance
In an internal International Monetary Fund working paper entitled 'Public Debt and Productivity: The Difficult Quest for Growth in Jamaica', Rodolphe Blavy attempts to plumb the conundrum of consistently high investment coupled with low...
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