Sat | Jul 22, 2017

Business

Published:Friday | July 21, 2017 | 7:49 PM

The Court of Appeal has upheld a lower court’s refusal to grant an injunction barring the Jamaica Stock Exchange Limited (JSE) from convening a disciplinary hearing against its chief regulatory officer, Wentworth Graham, pending the outcome...

Published:Friday | July 21, 2017 | 7:37 PMNeville Graham

  By Friday, the first of at least three RadioShack stores in Jamaica will open in Mandeville. The electronics stores will be operator by Unicomer Jamaica, the same company that manages the Courts furniture chain, Ashley Home Store and Lucky...

Published:Friday | July 21, 2017 | 7:21 PM

​The first RadioShack store in Jamaica will open soon at the Bank House Mall, Manchester Road in Mandeville, Manchester, as part of Unicomer Jamaica’s network of retail stores. The company also operates the Courts, Lucky Dollar, Courts Optical, Courts...

Published:Friday | July 21, 2017 | 7:15 AMAvia Collinder

A new survey conducted on behalf of the Private Sector Organisation of Jamaica (PSOJ) shows that a large proportion of social media users -34 per cent - are unemployed and only one per cent work at managerial level. Over 50 per cent are junior...

Published:Friday | July 21, 2017 | 7:00 AM

While remittance costs have declined over the last decade, a new working paper coming out of the International Monetary Fund (IMF) indicates that costs are climbing again because of correspondent banking...

Published:Friday | July 21, 2017 | 7:00 AMAvia Collinder

Use of the National Security Interests in Personal Property Registry (NSIPP) is rising steadily, says Companies Office of Jamaica's Judith Ramlogan, although motor vehicles remain the most...

Published:Friday | July 21, 2017 | 7:00 AMSteven Jackson

A fifth of the applications for ganja licences have got conditional approvals from Cannabis Licensing Authority (CLA), while two licences have...

Published:Friday | July 21, 2017 | 7:00 AMMcPherse Thompson

A new UNDP report, which puts Jamaica's per capita income at US$8,350, finds that 406,000 of its citizens live either near or in extreme poverty.Of that number, 14,000...

Published:Friday | July 21, 2017 | 7:00 AMMcPherse Thompson

Bank of Jamaica is adopting a new supervisory method for banks and building societies that will intensify oversight as...

Published:Friday | July 21, 2017 | 7:00 AMAvia Collinder

Jamaica Agricultural Society (JAS), a lobby for farmers, will break ground by November on a multistorey car park in downtown Kingston. It is also building new shops for...

Published:Friday | July 21, 2017 | 7:00 AM

The Argentine GDP warrants have been extremely volatile over the past few weeks. One of the reasons is that the economy is starting to stir.In May, industrial production expanded 2.7 per cent year-...

Published:Friday | July 21, 2017 | 7:00 AM

Last winter, the United States tourism industry fretted that Trump administration policies might lead to a 'Trump slump' in travel.But those fears may have been premature. International...

Published:Friday | July 21, 2017 | 7:00 AM

Swimming robot probes Fukushima reactor to find melted fuelAn underwater robot entered a badly damaged reactor at Japan's crippled Fukushima nuclear plant Wednesday, capturing images of the harsh impact of its meltdown, including key structures that...

Published:Friday | July 21, 2017 | 7:00 AM

United States spice maker McCormick & Company has bought Reckitt Benckiser's food business for US$4.2 billion in cash, in a deal it regards as a "perfect match" but that some investors think may be a bit too pricey...

Published:Friday | July 21, 2017 | 7:00 AM

UK raising pensionable age to 68The United Kingdom accelerated plans to increase the pension age on Wednesday, as rising life expectancy continues to put pressure on the public purse.Work and Pensions Secretary David Gauke announced the change in...

Published:Friday | July 21, 2017 | 7:00 AM

United States President Donald Trump called a recent agreement on sugar with Mexico a "very good one" for both countries.But companies that make candy, cakes and other foods containing...

Published:Friday | July 21, 2017 | 7:00 AM

​Tissue sales at AMG Packaging & Paper Company Limited is 27 times greater than a year ago, due to adjustments in its distribution arrangements, but is still underperforming management expectations...

Published:Friday | July 21, 2017 | 7:00 AM

Exxon Mobil Corp showed "reckless disregard" for United States sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday.The US...

Published:Friday | July 21, 2017 | 7:00 AM

Heston Hutton, who headed JaMobile Payment Services Limited, a pioneer in the mobile money market, has given up the job as CEO.Hutton left the job on June 30 but his departure was only announced Thursday.JaMobile is a...

Published:Thursday | July 20, 2017 | 7:53 PM

A new survey commissioned by the Private Sector Organisation of Jamaica (PSOJ) found that millennial consumer behaviours have been shaped by the widespread adoption of smart phones and the Internet. The survey, titled the Mobile Consumer Survey for...

Published:Thursday | July 20, 2017 | 7:25 PM

Sagicor Bank Jamaica (SBJ) has entered into an agreement for the sale of a block of mortgages it held to the Victoria Mutual Building Society (VMBS). The transaction will not affect the terms of the existing mortgage arrangements, Sagicor said in a...

Published:Thursday | July 20, 2017 | 7:00 AM

Shareholders of British American Tobacco Plc and Reynolds American Inc on Wednesday approved merging into the world's largest publicly traded tobacco company.Shareholders of both companies approved London-headquartered BAT buying the 57.8 per cent...

Published:Wednesday | July 19, 2017 | 7:15 PMSteven Jackson

Stationery & Office Supplies Limited's (SOS) initial public offering, which opened at 9 a.m. this morning, closed in under a second. The offer was more than four times oversubscribed, based on initial counts, stated Allan ...

Published:Wednesday | July 19, 2017 | 7:00 AMAvia Collinder

Word filtering around local trading desks is that the Government of Jamaica (GOJ) is considering floating a new bond externally, but might try other options first.Jamaican bond traders are hoping the Government will opt for a global bond."We heard...

Published:Wednesday | July 19, 2017 | 7:00 AMAvia Collinder

Jake Suski, managing director of New Fortress Energy (NFE), says the impending acquisition of affiliate company Fortress Investment Group LLC by Softbank Group is unlikely to affect its regional gas supply programme.Fortress shareholders voted in favour...

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