The success of the Shorty bread line has prompted baking company Honey Bun to invest a billion dollars in its expansion. A new production facility is to be set up at the MJS Industrial Park at Angels, St Catherine, to facilitate the growth plans..
Tropical Battery’s expected foray into the electric vehicle market through the distribution of ebikes is in limbo as the energy company awaits clarity from the Jamaican government on its tax policy regarding EVs. Tropical Battery had hoped to test.
Wigton Windarm Limited announced the appointment of Michelle Chin Lenn as its interim managing director effective next month. The current head of the business, Earl Barrett, will demit office on March 31. The timeline coincides with the schedule.
Real estate developer 138 Student Living Jamaica is again eyeing the University of Technology, Jamaica to grow its business. The developer of student housing currently operates only at the Mona campus of the University of the West Indies, where it.
The Financial Gleaner understands that the wording of a set of loans totalling $1 billion and issued through the Jamaica Mortgage Bank, JMB, was at the centre of the separation of former Managing Director Anthony Shaw from the Development Bank of.