Business

The United States Department of Labor has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the quality of the inflation figures just as they are being...

Businessman and hotelier Elias ‘Lee’ Issa has received approval from the National Environment and Planning Agency, NEPA, to construct a multi-family development in Negril. While details on the project are sparse, the approval from NEPA signals...

Borrowers should expect interest rates to stay elevated for now, based on signals from lenders, even as the central bank moves in the opposite direction. The Bank of Jamaica’s newly released Credit Conditions Survey report indicated that lending...

As the world becomes more volatile and confusing, policymakers, business leaders, and investors will need to rethink the mental models they use to analyse the global economy. Specifically, they should pay attention to three structural dynamics that...

Formalising communities can spur development and reduce crime, but it may also lead to displacement as housing prices rise, experts warned at the launch of the inaugural study under the OneCity initiative led by think tank Caribbean Policy Research...

The Bahamas government has issued power contracts that it expects to result in modern, reliable and affordable electricity for 14 islands. Prime Minister Philip Davis also indicated that by 2030, at least 32 per cent of the country’s electricity...

VM Investments Limited, VMIL, reported losses for the March first quarter amid global tensions, but deleveraged in the process. The loss of $32.5 million, compared to profit of $510 million a year earlier, stemmed from increased expenses tied to...

The typical compensation package for chief executives who run companies in the S...

Over the years, I’ve seen many entrepreneurs lose health, marriages, family and their financial security to high aspiration; never to laziness or vagrancy. Saturday, May 31 marked the end to Mental Health Awareness Month, which saw many rallying...

Few doubt that productivity growth is good for society. It generally translates into higher wages; consumer surplus, that is, prices below what you are willing to pay: larger profits; and greater shareholder value. Less understood, however, is how...

Despite the dominance of imported lumber for use in the construction and furniture industries in Jamaica, the use of local lumber continues to a small extent, particularly in the craft sector, as well as by some traditional furniture makers. At...

The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world, the threat of violence by...