Tue | Oct 27, 2020

Business

The app for Alipay, the mobile payments service operated by Ant Group, on a smartphone in Beijing.

China’s Ant Group will try to raise nearly US$35 billion in a public offering of shares in Shanghai and Hong Kong, which would make it the largest offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products...

The Jamaica Stock Exchange (JSE) combined index declined on Monday with an advance/decline ratio of 28/41. The JSE Combined Index declined by 903.30 points or 0.24 per cent to close at 371,997.49. The JSE Main Market Index declined by 912.27 points...
Melanie Subratie, chairman and CEO of Stanley Motta Limited.

Stanley Motta Limited, the owner of the 58HWT tech park in Kingston, has come out of negotiations with more breathing room on financial obligations to creditor Development Bank of Jamaica, DBJ, as a safeguard against the disruptions caused by the...

ADVISORY COLUMN: SMALL BUSINESS In my last column, I asked readers to consider the likely implications of the deepening social and economic fallout from the pandemic, particularly the extent of the country’s social protections and safety net to...

Key Insurance Company, a subsidiary of the GraceKennedy conglomerate, aims to double its revenue to $2.7 billion in five years, arguing that its rights issue will set the stage by providing the capital needed to grow its important motor portfolio....

The Jamaica Stock Exchange (JSE) Combined Index closed Friday losing more ground, with an advance/decline ratio of 34/39. The JSE Combined Index declined by 2280.59 points or 0.61 per cent to close at 372,251.10. The JSE Main Market Index was down...

A COVID-19 study conducted by the Statistical Institute of Jamaica, Statin, has found that 57 per cent of Jamaican households saw a reduction in income between the onset of the coronavirus in March and September. The data affirms the results of a...

The number of car crashes have fallen since the April imposition of COVID-19 curfews, but the damage sustained in motor accidents were found to be more severe. The upshot for IronRock is that claims are tracking apace with last year, despite fewer...

Over the three years in which David Noel has led Scotia Group Jamaica as president and CEO, he has grown loans by more than a third, keeping pace with the market, but the bank has been outmatched by its chief rival in terms of profits and asset...
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