Toyota Jamaica expanding uptown

Toyota Jamaica Limited will invest $400 million to construct a new sales and service centre at Old Hope Road in Kingston, on the heels of a US$1.5-million (J$170m) investment to grow its Spanish Town Road headquarters last year.

Movements

Julian Wilkins, the head of telecommunications public policy at Digicel Group, was appointed as chairman of the Caribbean Association of National Telecommunications Organisations (CANTO) on Tuesday.

No new taxes, please - Mahfood

Against the background of a $8 billion net shortfall in tax revenues reported by the finance ministry, president of the Private Sector Organisation of Jamaica, William Mahfood, is urging Government to stay away from the idea of adding new taxes in the...

Petrojam weighs oil hedging strategy ... cautiously

State-owned refinery company Petrojam Limited is actively considering a suggestion that it adopt a hedging strategy for its crude purchases, but is cautious about making the wrong bets on prices.

List NWC on the stock market - Holness

On a visit to the Jamaica Stock Exchange earlier this month, Opposition Leader Andrew Holness, who has affirmed his support for the market, also threw out the suggestion that public utility National Water Commission (NWC) should be listed.

Another blow for former Breezes Montego Bay sale

The National Insurance Fund (NIF) and NCB Pension Fund are preparing to extend their search for a buyer of the former Breezes Montego Bay hotel, having failed to reach a deal with the latest suitor.

Medical Disposables buys warehouse from KPREIT

Kingston Properties Limited (KPREIT) has closed a $230-million sale of its Hagley Park Road warehouse to Medical Disposables & Supplies Limited (MDS), which will use the space to expand its own operations.

New Greek PM strikes haircut fear in bankers

Greece is acknowledged as the second most indebted country after Japan.

The price of finished petroleum products rises faster than it falls

When it comes to Jamaica's energy options, the narrative is changing.

Fallout continues from declining oil prices

Investors are dumping stocks in Colombia's largest private oil company as the government prepares for mass layoffs sparked by the plunge in crude prices.

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