Business
The Jamaica Bankers Association, JBA, has not put a cost on the ongoing job of deploying new machines and technology for handling the polymer notes released by the Bank of Jamaica, but says the banks are feeling the sting. It’s said to cost up to...
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Jamaica’s largest rum maker J.Wray...
The Jamaica Co-operative Credit Union League, JCCUL, is exploring options around offloading some 276 acres of land it owns at Cross Pen in Clarendon. JCCUL, which is the umbrella association for credit unions, has been the registered proprietor of...
Regional insurance facility CCRIF SPC has expanded its portfolio to incorporate coverage for water utilities, a facility backed by the Foreign Commonwealth...
Haiti’s government on Thursday doubled down on the construction of a canal on Haitian soil that would divert water from a river it shares with the Dominican Republic, which, in response last week, shuttered land, air and sea borders between both...
Many experts believe that the US dollar’s global hegemony, which has endured for nearly 80 years, is finally coming to an end. This outcome is not impossible: economic crises, increased domestic polarisation, and strong geopolitical headwinds could...
Inflation across the United Kingdom fell unexpectedly in August to its lowest level since Russia launched its invasion of Ukraine, a development that has reined in expectations of a 15th straight interest rate increase from the Bank of England in...
State-owned oil refinery, Petrojam, has announced increases in the prices of all its products, effective Thursday. Petrojam, says E-10 87 is to move up by $2.57 to sell for $193.64 per litre and a litre of E-10 90 will go up by $2.68 to sell for $...
The Government of Jamaica has finally invited bids from investors for the provision of an additional 100 megawatts of renewable energy capacity, ending a yearslong wait by the sector. It comes amid refreshed plans and a more ambitious goal to...
Now deep into the execution of its long-term plan to grow its manufacturing division by 60 per cent, Jamaican Teas has been thrown a curve ball: CEO of the division, Diana Blake-Bennett, is leaving the company. Her resignation takes effect on...
Don Gittens, CEO of Manpower and Maintenance Services Group Limited, says the company has restructured its operations to add residential cleaning services for villas, condominiums, Airbnb properties and households. Gittens left Jampro in March to...
GraceKennedy Limited will be buying back as much as one per cent of its shares over the span of one year, adding to the growing but still small list of stock market companies seeking to wring value from their shares. The announced proportion...
Real estate investment trust Kingston Properties Limited, KPREIT, has close the acquisition on its fifth property in the Cayman Islands, a deal CEO Kevin Richards describes as the company’s largest in that market to date. The company has purchased...
The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters – it will get sponsors to pay. Under the plan, which was being launched by Niue’s Prime Minister Dalton Tagelagi on Tuesday in...
The Walt Disney Company is planning to invest approximately US$60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments. The company said in a...
Google is introducing Bard, its artificially intelligent chatbot, to other members of its digital family — including Gmail, Maps and YouTube — as it seeks to ward off competitive threats posed by similar technology run by Open AI and Microsoft....
