Fri | Mar 22, 2019

Business

Norbrook Equity Partners is working on a plan that aims to develop ice supply into a regional market. It starts with the $350 million that the investment holding company Norbrook and its joint-venture partners in Pure National Limited, PNL, are...
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Guardian Life President Eric Hosin looks across New Kingston from the company’s rooftop in November 2017.

Insurance company Guardian Life broke ground for its second high-rise development in two years, a 176-unit luxury apartment complex costing $4 billion, to be known as The Cambridge. Its first, the 66-unit Hampshire, located in proximity to the...
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Dr Keith Amiel, corporate affairs manager at CB Group.

There was a time when Jamaica was producing nearly 40 million litres of milk per year, but that was nearly three decades ago. Now the dairy sector is doing 12-13 million litres annually, on average, a level it has been stuck at since around 2010....

The German government’s panel of economic advisers nearly halved its German growth forecast for this year to 0.8 per cent — the latest in a long list of downgrades for Europe’s biggest economy. In a regular update Tuesday, the panel cut its 2019...

First Global Bank has created a hub to serve small and medium enterprises that are attempting to scale up their operations. President and CEO Mariame McIntosh Robinson, who announced the creation of The FGB SME Hub at First Global annual SME...

Jean-Claude Juncker, the president of the European Commission, says Britain should leave the European Union, EU, by the start of elections to the European Parliament on May 23 if the country is not taking part. That’s earlier than the request...

In a deal said to be worth $4 billion, the owners of Jamaica Energy Partners (JEP) have snapped up rival energy outfit Jamaica Private Power Company (JPPC) giving the American parent control over 250 megawatts of domestic rated capacity. The...

Pear Tree Xpress is spending upwards of $300 million on the expansion of the office complex, new equipment and a new management information system, NIS, all intended to double capacity. The print company is adding space upstairs its Kingston...

Scotiabank Jamaica has set up a $3 billion fund from which it will issue loans to small businesses at a special rate of 9.99 per cent. The bank has also adjusted its loan rate for residential mortgages to 6.99 per cent, which it now touts as the...
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