Gassan Azan investing US$18m in Montego Bay... Developing shopping centre, largest MegaMart store
Gassan Azan is investing US$13 million ($870 million) to develop a shopping centre on lands at Catherine Hall in Montego Bay, which will become the home of the third and largest MegaMart store owned by the Kingston-based businessman.
New $30m egg-processing plant...To liquefy 10,000 eggs per hour to start crunching in december
A new egg-processing plant built at a cost of $30 million will begin operation mid-December under partnership between Jamaica's poultry sector and a local distributor looking to claim the market for liquefied eggs...
Competing supermarket chains still in expansion mode - Sign that $30 billion grocery market remains on growth trajectory
rogressive Group, a Kingston consortium of supermarket owners, has opened a new 20,000-square-foot branch outside the capital under the Shopper's Fair brand, setting itself up to grab more of the multibillion-dollar grocery market.
Wisynco to build $600 million bottling plant
Beverage company Wisynco Group Limited is to make a $600 million investment in a bottling plant to be constructed near Lakes Pen, St. Catherine, the Financial Gleaner understands. Sources said Wisynco is primarily to bottle the Coca Cola range...
Small telecoms given ultimatum to pay levy or lose their licences
International telephone carriers delinquent in paying over the Universal Access levy to the fund company from as far back as July, appear to have avoided the axe placed above their heads by the Office of Utilities Regulation...
Trafigura toxic waste-dumping probe slams errors by officials
ABIDJAN, Ivory Coast (Reuters): A chain of administrative failures and negligence in Ivory Coast led to the dumping of toxic waste in the economic capital Abidjan, which killed 10 people and made thousands ill, a government inquiry said.
Jamaica Producers looks to banana production, cargo movement for growth ... Acquires new shipping service company
Group made a $76.3 million after-tax loss on continuing operations in its last quarter to October 7, on improved revenues of $4.1 billion, but was catapulted back into black by a one-time gain...
|
