Business

Ganja Law Passed By The House Of Representatives

The much anticipated amendment to the Dangerous Drugs Act was last-night passed in the House of Representatives. The debate on the Dangerous Drugs (Amendment) Bill, often referred to as the ganja law, was piloted in the House, by Minister of National Security, Peter Bunting. The Bill was passed with five amendments in the Senate on February 6, piloted by Minister of ...

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Digicel Jamaica Has a New C.E.O

Digicel Jamaica welcomes David Butler as the new CEO of the business, David will be transitioning into the role in the coming weeks. Digicel’s former CEO Barry O’Brien is to be promoted to the role of Director of Business Development for Digicel Caribbean and Central America. Butler comes to Jamaica from his current position as CEO for Digicel Panama.

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JPS To Refund J$1 Billion To Its Customers

The Jamaica Public Service Company (JPS) has again found itself on the receiving end of an unfavourable decision by the Office of Utilities Regulation (OUR), after it was yesterday slapped with an order to refund close to $1 billion to customers. The sum is for charges made to customers’ accounts from March to December 2013 for foreign exchange adjustment on ...

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Jamaica Records 5.8% Increase in Tourist Arrivals For 2014

Jamaica recorded a 3.6% increase in tourist arrivals in 2014, Tourism and Entertainment Minister, Dr. Wykeham McNeill has announced. McNeill said that the island had received an estimated US$2.2 billion in revenue from the sector last year, a 5.8% increase over the similar period in 2013. Jamaica welcomed more than two million stopover visitors during last year as compared to ...

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JPS Made Nearly J$3 Billion Profit in 2014

The Jamaica Public Service Company made US$25.5 million in profits in 2014, Kelly Tomblin, the utility company’s president and chief executive officer (CEO), has announced. “JPS has got its legs back again,” the CEO said at a media briefing held at the company’s New Kingston offices yesterday. She said the US$25.5 million, or nearly J$2.9 billion, represents a return on ...

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LIME Jamaica To Pay Digicel Jamaica j$1.5 Bil

Telecommunication company LIME is to pay more than j$1.5 billion to its competitor Digicel (Jamaica) Limited for wrongly withholding money due for calls from LIME’s fixed-line customers to Digicel mobile phones. This is as a result of two suits Digicel had brought in 2007 and 2009 in the Supreme Court against Cable & Wireless, trading as LIME, for its refusal ...

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Rainforest To Export Live Jamaican Lobsters To Asia

Rainforest Seafoods will begin exporting live Jamaican lobsters to Asian markets by July. The Markets are to include China, Japan and South Korea. The company, which has been incrementally expanding its product line over the years, is now in the process of constructing a $100-million lobster facility at its plant in Montego Bay to accommodate the 250,000 pounds of lobster ...

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Jamaican Government Owes Huge JPS Bill

It has been revealed that the Jamaican Government and a long list of its agencies and departments have racked up j$5.2 billion in unpaid electricity bills. The debt is owed to the Jamaica Public Service Company (JPS) by more than 4,500 government and quasi government institutions. A government source told RJR News that agency heads continue to express concern about ...

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JDF Soldiers To Get New-Look Uniform

When next you see a Jamaica Defence Force (JDF) soldier in operation, he will be in a new-look uniform. The JDF is expected to unveil, today, a new digital combat uniform (DCU) to replace the existing disrupted pattern material (DPM) camouflage uniform that it has worn since 1992. The new uniform, which the JDF says will become standard issue tomorrow, ...

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DHL Opens $30-m Call Centre in Jamaica

Courier service DHL Jamaica has set up a $30-million call centre that employs 20 new staff. The Caribbean Telesales Centre started operations on Monday with the remit of seeking new business from 26 countries in the Caribbean. “It’s all about selling on the phone. So we do all the inbound and outbound [calls] where we are selling… DHL services,” stated ...

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