Business

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...

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...

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...

As the world was recovering from the pandemic, inflation shot up owing to widespread disruptions to global supply chains and sudden changes in patterns of demand. While the demand shifts might have posed a challenge to price stability even in the...

The American market now accounts for 51 per cent of Jamaican Teas Limited’s foreign sales, advances that Export Manager Jonathan Mahfood has linked to the company’s expanding range of packaged soups and diversification of the Caribbean Dreams brand...

One year after declaring its concern about the effect of advertising in the gambling industry, the Betting, Gaming and Lotteries Commission, BGLC, has taken took another step towards tighter regulation. Stakeholders have until December 1 to make...

The men who lead Jamaica’s largest banking group for two decades have officially cut ties with the institution and indications are it came at a big price, four months after the principal owner Michael Lee-Chin took charge of the group and installed...

Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedevilled consumers for the past two years. Tuesday’s report from the Labor...

As one of the world’s most unequal regions, Latin America is desperately in need of additional revenues if it is to solve its knotty economic, social, and environmental problems. But tax collection in Latin American and Caribbean, LAC, countries is...

Exxon Mobil Corp on Monday announced it is drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027. Exxon in early 2023 acquired the rights to 120,000 gross...

On a busy Friday afternoon in Kingston, outsourcing company Ibex Limited took to the streets with a float, featuring music and women dressed in red – the company’s signature colour – to woo new workers. Ibex is currently seeking 2,000 employees...

El Salvador’s government has begun slapping a US$1,130 fee on travellers from dozens of countries connecting through the nation’s main airport, amid pressure from the United States to help control migration flows to its southern border. Since the...