Sat | Sep 23, 2023

Business


Septimus ‘Bob’ Blake, president of the Jamaica Bankers Association.

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...

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...

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....
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