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Jamaica To Implement Pre-Shipment Inspection Process On JA$100 Billion A Year Imported Used Car Business

The Jamaican Government is moving to implement the Pre-Shipment Inspection (PSI) process for used vehicles entering the island, with the aim of ensuring consumer protection and fair trade. Permanent Secretary in the Industry, Commerce, Agriculture and Fisheries Ministry, Donovan Stanberry, provided details at a consultation with used-car dealers, on August 29 at the Petroleum Corporation […]

EPOC Remains Supportive Of The BOJ’s Accommodative Monetary Policy Stance – Duncan

Ubers’ Revenue Fuelled By A 150% Year-On-Year Increase In Trips By Uber Passengers Around The World

Ubers’ revenue is staying on course, this as business continued to surge in the second quarter, even as the company became engulfed in scandals that led to the departure of chief executive Travis Kalanick and several senior deputies. The rise was fuelled by a 150 per cent year-on-year increase in trips taken using the Uber […]

The Walkbout Homestay Experience Coming January 2019

Jetcon Corporation Posts Improved EPS of 13.74 cents Up From 7.25 in 2016, for the six months to June 2017 – Jackson

Andrew Jackson President and CEO of Jetcon Corporation Limited in his report to Shareholders for the second quarter ending June 2017 has indicated that orders for the period after the quarter, are ahead of 2016 by 82 percent, and points to a positive outcome for the rest of the year, barring any unfavorable developments. He […]

Paramount Trading Jamaica Revenue’s Continues To Reflect Relatively Strong Growth In First 3 Months Of The Year.

Volvo Commits To An All Electric And Hybrid Future

Håkan Samuelsson CEO of Volvo announced today that from 2019 onwards every model they produced would be hybrids or battery-powered electric vehicles, making Volvo the first traditional carmaker to call time on vehicles powered solely by an internal combustion engine. This announcement marks the end of the solely combustion engine-powered car, Samuelsson said in a […]

The Walkbout Homestay Experience Coming January 2019

Taking These Actions in Japan and the U.S. Is The Best Way To Address The Ongoing Issues With Certainty And In An Organized Manner – Takata

Japanese automotive supplier Takata has filed for bankruptcy in Japan and the US and that it had agreed to be acquired for US$1.6 billion by the Chinese-owned U.S.-based Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade […]

The Walkbout Homestay Experience Coming January 2019

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Chairman of the Jamaica Special Economic Zone Authority, Metry Seaga, says that negotiations are far advanced with a motor-vehicle manufacturer to operate out of one of the six special economic zones (SEZs) that have already been designated by the Government. Mr. Seaga speaking on the Jamaica Information Service (JIS) news magazine programme, ‘Issues and Answers’ […]

EPOC Remains Supportive Of The BOJ’s Accommodative Monetary Policy Stance – Duncan

Jetcon Looking To Secure Lucrative Tender Contract To Supply Pre-Owned Motor Vehicles To Jamaican Government.

Jetcon Corporation, the Andrew Jackson led dealer of pre-owned cars is yet to secure a lucrative tender contract to supply pre-owned motor vehicles to the Jamaican government. Management is however looking to such opportunities to bid on any contract that may be available in the future and is keeping an eye on the government’s continued […]

EPOC Remains Supportive Of The BOJ’s Accommodative Monetary Policy Stance – Duncan

Investors Reward Telsa And Amazon With Higher Market Caps Compared To Their Peers

Tesla the upstart electric carmaker for example has roared ahead of Ford and has now surpassed the US motor pioneer in market value, as investors look to a future beyond the internal combustion engine. Analysts however are not convinced of the sustainability of this as they remind investors that Ford earns money, lots of it […]

The Walkbout Homestay Experience Coming January 2019

Toyota To Invest £240m Upgrading UK Factory Making Auris And Avensis Models

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models. The Japanese carmaker says its investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system. The factory currently employs about 2,500 people, while another 590 work at Toyota’s engine plant […]

The Walkbout Homestay Experience Coming January 2019