Tue | Jan 22, 2019

Business

An armed Swiss police officer stands guard on the roof of a hotel near the congress centre where the annual meeting of the World Economic Forum took place in Davos on Monday, January 21, 2019. AP

The world economy absorbed more bad news Monday The International Monetary Fund (IMF) cut its growth forecast for 2019. And China, the world’s second-biggest economy, said it had slowed to its weakest pace since 1990.

The Jamaican Government is proposing to use the stock market to raise funds for infrastructure projects in a move to avoid increasing the national debt, according to finance and the public service minister, Dr Nigel Clarke.The country requires...

Don Wehby, group chief executive officer of GraceKennedy, the food and financial services conglomerate, says that staff from its various divisions will begin moving into their new home at Harbour Street, downtown Kingston, by the end of February.The...

Attorney-at-Law Arlene Gaynor, shareholder and legal counsel for A...

Kaya Inc, which operates a herb house in St Ann, paid over CAN$250,000, or roughly J$24 million, to reverse steps that were undertaken for a proposed merger with Canadian outfit, Buzz Capital....

Restaurants of Jamaica, ROJ, which operates the KFC and Pizza Hut franchises, said it has plans to establish another five stores this year as the company responds to a call from the market for...

GraceKennedy said it has made a number of changes at its senior management level as it continues to streamline its structure in alignment with its 100th anniversary objectives.The...

In its first annual report after listing on the junior market of the Jamaica Stock Exchange, Indies Pharma is showing a dip in profits despite a bump in revenues. A $20.5-million, or 14.52 per cent, decrease in...

Second-quarter profits at junior market listed company Paramount Trading showed a 16.27 per cent increase, but this was not enough to overcome a six-month year-on-year slump. The $3.86-million increase...

A decline in agricultural prices, along with a significant reduction in international oil prices, resulted in the consumer price index falling by one per cent for December 2018, bringing the annual point-to-point...
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