Jamaican Women in Coffee is eyeing a third grant to continue its work in creating opportunity for females to wring value from their coffee farms through training. The Kingston-based group, otherwise referred to as JAWiC, says it aims to improve...
Published:Wednesday | November 22, 2023 | 12:11 AM
Manufacturing and distribution company Paramount Trading Jamaica is hunting for a single-campus home to consolidate three operating units. This, as it prepares itself for taking on the domestic retail market with products that before now were only...
Businessman and investor Michael Lee-Chin is to meet with Portland Holdings bondholders for a discussion on the company’s liquidity and ending of the hiatus of dividends from NCB. It comes amid delayed payments on bonds issued by Portland. Lee-Chin...
Published:Wednesday | November 22, 2023 | 12:09 AM
The Jamaican economy expanded by 1.9 per cent during the September 2023 quarter and is projected to grow further, but remains vulnerable to shocks, the Planning Institute of Jamaica, PIOJ, said in its quarterly briefing on Wednesday. “The recent...
Published:Wednesday | November 22, 2023 | 12:09 AM
Barita Investments Limited made early earnings of $3.4 billion, but it marks a decline of 20 per cent, due to underperforming core revenue. The investment company’s total revenue for year ending September amounted to $9.1 billion, a marginal...
Published:Wednesday | November 22, 2023 | 12:08 AM
Ford Motor Company is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union. But the automaker says that due to slowing electric vehicle sales...
Published:Wednesday | November 22, 2023 | 12:08 AM
Financial literacy? What is that? I don’t think I need that to run a successful business! I have been running this business for years and I think I am okay. The foregoing comments are typical of the exchanges when one speaks to many owners and...
Published:Wednesday | November 22, 2023 | 12:08 AM
Argentina’s right-wing president-elect gave the first indications on Monday of how he plans to start shaking up South America’s second-largest economy: with a slew of privatisations. Populist Javier Milei, a libertarian economist and self-...
Published:Wednesday | November 22, 2023 | 12:07 AM
Middle-school student Jeanmaikol Castrillo can quickly point out Venezuela on a map and identify what’s around it – the Caribbean Sea and the countries of Colombia, Brazil and Guyana. But the map with which he is familiar differs greatly from those...
Published:Wednesday | November 22, 2023 | 12:07 AM
Elon Musk’s social media company X filed a lawsuit against liberal advocacy group Media Matters for America on Monday, saying it manufactured a report to show advertisers’ posts alongside neo-Nazi and white nationalist posts in order to “drive...
Published:Wednesday | November 22, 2023 | 12:07 AM
Despite inflation and memories of past holiday travel meltdowns, millions of people are expected to hit airports and highways in record numbers over the Thanksgiving break. The busiest days to fly will be Tuesday and Wednesday, as well as the...
Published:Wednesday | November 22, 2023 | 12:06 AM
The Canadian mining company whose contract with Panama’s government has triggered weeks of protests said Monday that it has reduced operations and soon may have to suspend them due to a blockade of its mine’s power plant. Minera Panama, the local...
Published:Wednesday | November 22, 2023 | 12:06 AM
Earth is speeding to 2.5 to 2.9 degrees Celsius (4.5 to 5.2 degrees Fahrenheit) of global warming since pre-industrial times, set to blow well past the agreed-upon international climate threshold, a United Nations report calculated. To have an even...
Microsoft on Monday hired two leading executives from the company that created ChatGPT after one of them was abruptly fired by OpenAI, the start-up whose chatbot kicked off the era of generative artificial intelligence. The developments followed a...
The board of ChatGPT-maker OpenAI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to...
President of the United States Joe Biden and other global leaders have spent the past few days melding minds with Silicon Valley titans in San Francisco, their discussions frequently focusing on artificial intelligence, a technology expected to...
The Government of Jamaica plans to install new software that closes loopholes for traffic ticket evaders. It is inviting consultants to tender solutions this month, and stakeholders met on Tuesday to discuss the business case for implementing the...
A wave of evictions recently hit in Dakar’s bustling Liberté 6 market, a roughly mile-long commercial hub that has served its community for more than 20 years. Hundreds of street vendors’ stalls were bulldozed to make way for a new bus system. The...
Companies listed on the Jamaica Stock Exchange use several media – some direct, others general – to communicate with the shareholders who own them. Shareholders benefit by knowing more about them and having a voice, while the companies become more...
QUESTION: I’m a recent university graduate and I eventually plan on starting up a corporate company that can expand across North America. My goal is to live my best life, and to do that I need financial freedom and the freedom to use my time...
The Bank of Jamaica, BOJ, has rolled out a public information campaign to sensitise users and financial institutions on how to recognise counterfeit polymer banknotes that entered circulation in mid-June. The central bank advises in the meantime...
Liberty Latin America says its Flow operations in Jamaica and other territories have reached an agreement to sell a large block of cell towers to American company Phoenix Tower International in a deal worth US$355 million. The deal with Flow...
A video recording is worth many orders of magnitude more than a photograph that, in times past, was said to be worth more than a thousand words. The person who videoed the unhealthy hygiene practised by a vendor at one of Kingston’s popular food...
Shareholders of NCB Financial Group Limited (NCBFG) are getting an early Christmas present, as the Board of Directors has approved an interim dividend payment of $0.50 per ordinary stock unit. The NCBFG Board took the decision at its...
Financial conglomerate JMMB Group Limited has grown its country network to four operational territories with the addition of Barbados. The diversification across countries and business lines, management said, was a key factor in the group’s...
