Highgate Foods assets hit the auction block
The salvageable assets of Highgate Foods, a 30-year-old company started by Claude Clarke, go on the auction block Thursday in a final attempt by receiver Ken Tomlinson to rescue value from the debt-ridden confectionery, Wednesday Business has learned...
Super Plus returns tocore business -Exits houseware market, puts property up for sale
The Super Plus Food Stores grocery chain, owned by the Chen family, has given up on its short sojourn into the market for housewares, saying it was opting to return to core business. Super Plus, which claims 40 per cent of the supermarket business in Jamaica...
Private jet terminal opens in Montego Bay
A NEW terminal catering to owners of private jets is now open for business at Sangster International Airport in Montego Bay. Developed by Barbadian company International Aircraft Management Inc., (IAM) with financing from Pan Caribbean Merchant Bank...
Digicel now offering CDMA technology - To compete with MiPhone in roaming market
The Digicel Group has partnered with Huawei, a Chinese CDMA provider to increase its inbound roaming traffic to the Caribbean, technology which, to now, MiPhone had some exclusivity on in Jamaica. Using CDMA technology, Digicel will initially offer roaming...
Mortgage rate rivalry heats up - Not a price war, says VMBS
Jamaica's two largest mortgage providers are now neck to neck on rates, both looking to corner new markets by offering 12.99 per cent 'sales' on home loans as new real estate developments from Negril to Kingston enter the market.
US is largest, but Brazil most efficient ethanol producer
Brazil and the United States account for about 70 per cent of world ethanol output. The United States recently displaced Brazil as the world's biggest producer but Brazil remains the most efficient. A pioneer in biofuels, Brazil began its sugar cane-based ethanol...
Ruder Finn retains JTB contract with 'genius' campaign
New York-based public relations and communications agency Ruder Finn has won the contract from Jamaica Tourist Board (JTB) again, to handle PR that will bring tourism business to the country for the next three years. JTB did not state the full value...
Half Moon appoints new GM
Austrian Aram Zerunian, former hotel manager, has been appointed general manager of Half Moon hotel in Montego Bay, reporting to Managing Director Richard Whitfield. Shernette Crichton has replaced him as hotel manager.resident manager Zerunian, who has...
Conoco, Chevron agree on May 1 handover of oil projects to Chavez
United States oil giants ConocoPhillips and Chevron Corp have agreed to cede by May 1 operations of multibillion-dollar projects in the Orinoco heavy- crude belt, Caracas has announced.In compliance with a decree issued last month by Venezuelan...
|
