Kingston Wharves Limited (KWL) has invested some $1 billion in terminal and logistics infrastructure development projects in an expanded vision to become the preferred port-centric logistics partner connecting the world to Caribbean markets, according to Chief Executive Officer (CEO) Mark Williams. “Even amidst this pandemic, Kingston Wharves is about to
MONTEGO Bay Chamber of Commerce and Industry President Janet Silvera is calling for a delay in the resumption of activities in the Airbnb sector, as the country's tourism industry fine-tunes protocols to deal with the novel coronavirus pandemic. Silvera, who made the call at this week's Jamaica Observer Monday Exchange
Sagicor Real Estate X Fund Limited is rising from an indifferent first-quarter performance and is confidently pushing forward with a more diversified investment holding that will include commercial and significant real estate developments. With a generated net loss attributable to stockholders of $2.77 billion for its just-released first quarter compared
10:18 am, Mon June 15, 2020 A survey by PricewaterhouseCoopers (PwC) claims that 71 percent of Caribbean businesses are expected to be more agile and resilient after COVID-19. PwC's COVID-19 Pulse Survey on May 11 involved 867 chief financial officers, CFOs, in more than 24 countries and territories in the region. It found that 63 per cent
RUM company, J Wray and Nephew (JWN) has spent approximately $300 million in COVID-19 give-back initiatives over the past three months. Since March, JWN's various outreach activities to support Jamaica's response to the COVID-19 pandemic have included donating a mix of cash, products, and high-strength alcohol (raw material) to aid
(From left) Peter Thompson, CEO of RADA; Lenworth Fulton, president of the JAS; Colonel Jaimie Ogilvie, assistant vicepresident of the Hi-Pro Division of Jamaica Broilers Group; Floyd Green, minister of state at MICAF; and Michael Pryce, director of agricultural marketing information at MICAF, at the Hi-Pro #Growstrong launch event held
TREASURE BEACH, St Elizabeth —As Jamaica's tourism industry seeks to battle back from the effects of the COVID-19 pandemic, there is a call for agro-tourism to be developed as a strong niche especially on the south coast. Identifying Jamaican farmers as among the “true heroes” in times of crisis such
Despite the slowdown of economic activities brought on by the coronavirus pandemic, the Port Authority of Jamaica (PAJ) say they remain committed to making the Kingston Logistics Park a one-stop shop in the world for all maritime services. Speaking at a Jamaica Promotions Corporation (Jampro) staged webinar yesterday, Edmond Marsh,
While there has been some economic fallout as a result of restrictions due to the novel coronavirus pandemic for small businesses, entrepreneur Tracey-Ann Gutzmore Rhoden said the pandemic is also offering other economic opportunities for some companies. The managing director of Gutzmore Concepts said that people need to have a
As the global economy prepares for the new normal post-COVID-19, 78 per cent of chief financial officers (CFO) in the Caribbean say the crisis-driven transitions to remote work and the adapting of flexible work hours will set their companies on a continuous path of success, according to PricewaterhouseCoopers (PwC) COVID-19
