Hotels caught in fight over housing detained migrants

Gleaner on July 23rd, 2019 | File Under Business News -

There’s a new target in the clash over immigration in the United States (US) hotels: Advocacy groups and unions are pressuring Marriott, MGM and others not to house migrants who have been arrested by Immigration and Customs Enforcement officers (EU…

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NEPA to formalise Black River as ecotourism attraction

Gleaner on July 21st, 2019 | File Under Business News -

National Environment…

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Orange Hill added to ganja pilot - Green issues call for all illegal growers to emerge from the shadows

Gleaner on July 21st, 2019 | File Under Business News -

Illegal growers of marijuana are being offered the opportunity to formalise their operations through the Alternative Development programme under construction by the MICAF, which is meant to create a supply chain for the medical marijuana and pharma…

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Caribbean Cement to convert old tyres to energy

Gleaner on July 21st, 2019 | File Under Business News -

Caribbean Cement Company plans to spend US$9 million ($1.2 billion) on capital projects this year, one of which involves converting old tyres from waste to energy at its kiln. The cement company has 35 projects planned for this financial year. The…

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Yaneek Page | The tricky business of writing business plans

Gleaner on July 21st, 2019 | File Under Business News -

QUESTION: I am finally taking the step to ask you for advice. I notice everyone starting up businesses now and have the need for business plans. I also notice that just since the other day banks are saying they will do more for small business to…

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Cedric Stephens | How insurance companies make money

Gleaner on July 21st, 2019 | File Under Business News -

QUESTION: H ow do insurance companies make money? There are a lot of activities in this sector. A Barbadian insurer entered the local market a few months ago. A change in the ownership of the country’s biggest motor insurer is also taking place….

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Oran Hall | Mutual funds versus hedge funds

Gleaner on July 21st, 2019 | File Under Business News -

QUESTION: What is the difference between a mutual fund and a hedge fund? – Jaden FINANCIAL ADVISER: Mutual funds and hedge funds are investment funds that pool investors’ money and invest it in a wide variety of assets, but they differ…

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David Jessop | Britain’s uncertain future

Gleaner on July 21st, 2019 | File Under Business News -

In a few days, about 160,000 members of Britain’s Conservative Party – largely white, male and in their late 50s – will elect a new party leader and so appoint Britain’s next prime minister. This 0.3 per cent of the country’s electorate must…

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Newly commissioned Old Harbour LNG terminal to grow output fivefold by December

Gleaner on July 20th, 2019 | File Under Business News -

  New Fortress Energy, which commissioned its natural gas floating terminal off the coast of Old Harbour on Friday, plans to increase its gas output fivefold at the facility by year-end. The American company started pumping gas at the Old…

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KPREIT rights issue aiming for $500m to fund property buys

Gleaner on July 19th, 2019 | File Under Business News -

Real estate investment trust Kingston Properties Limited is going after new property purchases in Jamaica and Cayman Islands, while simultaneously disposing of up to another five condominiums in Florida that have been put up for sale. The new…

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