QUESTION: I’m reaching out to you for guidance to get started on the right footing. In my opinion, the market in Jamaica needs independent financial planning, especially for younger people. My experience is that most financial advisers here are not...
After delays and disruptions in supplies linked to war and the pandemic, the new commercial complex under development by the Loshusan family in Mandeville is now two to three months to the finish line. Director Bruce Loshusan said the mall should...
As Jamaica heads towards the next round of assessments by watchdog Financial Action Task Force, FATF, in February, the Prime Contact Secretariat housed at Bank of Jamaica says Companies Office of Jamaica is going public with the names of companies...
The Federal Reserve, America’s central bank, kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead. The Fed...
The Jamaican government is floating a new sovereign bond on international markets, in search of fresh capital to pay down existing debt. It’s the first major global bond raise for the country in four years. Net of discounts and expenses, the offer...
Jamaica Broilers Group Limited, JBG, entered six markets in the past year and is now looking towards both its regional and US segments to drive growth for the poultry company, notwithstanding logistical problems faced in exporting to new Caribbean...
The Margaritaville Jamaica franchise, which operates clubs and restaurants along the north coast, plans to list on the Jamaica Stock Exchange through an initial public offering of shares. The Jamaica operations include locations in Montego Bay,...
Heavy equipment dealer IMCA Jamaica will move into its newly developed home in Kingston by year end, country director Jose Sasso said this week. But he’s not saying what’s to become of the company’s current operating base at 217 Spanish Town Road....
A real estate agent who sued the Real Estate Board of Jamaica, REB, over conditions to which she was subjected in order to qualify for a salesman licence has lost her bid to challenge an adverse Supreme Court ruling that sided with the regulator....
NCB Employees Co-operative Credit Union is now the National and Community Co-operative Credit Union, NCCCU, a name change befitting the repositioning of the organisation to serve an expanded membership pool, says General Manager Patricia Tomlinson...
Delegates from 28 nations, including the United States and China, agreed on Wednesday to work together to contain the potentially “catastrophic” risks posed by galloping advances in artificial intelligence. The first international AI Safety Summit...
Motorists will pay less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $3.06 to sell for $179.96 per litre and a litre of E-10 90 will go down by $3.06 to sell for $...
Small business owners can struggle with burnout when they try to do too much by themselves and for too many hours in a day. Those who have found themselves burned out have developed strategies aimed at preventing a recurrence. Among them: Set...
QUESTION 1: I started working with an accounting firm in February of this year and was sent home in May due to the pandemic. I have been job searching since then. I also taught accounts for three years. Can you please help me find a job that can...
The 138 Student Living Jamaica Limited has only once paid dividends to holders of its common stock since its listing nearly a decade ago, but now the company says it plans to start making regular distributions. The announcement comes amid plans to...
NCB Financial Group received shareholder approval on Tuesday to sell up to 450 million new shares to investors. It puts the potential size of the additional public offering at about $27.8 billion based on the NCBFG stock’s current market price. At...
The National Housing Trust, NHT, says the number of homeowners in default on their mortgages is on the decline, even while reporting that the delinquencies are in the region of 14 per cent of its portfolio. Up to last week, the housing agency's...
The Biden administration’s fight against consolidation in the airline industry is being tested as lawyers for JetBlue Airways and the United States Justice Department squared off in court. The administration is suing to block JetBlue’s proposed US$...
Toyota will invest an additional US$8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, United States, more than doubling its prior investments and expected number of new jobs, the company announced...
Haiti’s government has banned all charter flights to Nicaragua that migrants fleeing poverty and violence had been increasingly using in their quest to reach the United States, according to a bulletin issued on Monday that The Associated Press...
William Shakespeare’s 1597 comedy Love’s Labour’s Lost tells the story of four Frenchmen as they navigate the tension between commitment to intellectual development and the quest for domestic bliss. Some four centuries later, Harvard economist...
The Ministry of Culture, Gender, Entertainment and Sport is polling registered entertainment sector members to gauge their level of interest in the development of a group health and life insurance scheme for the sector. In outreach that began in...
Caribbean Cement Company Limited, CCC, wrapped up its third quarter with a substantial profit of $1.9 billion, and the company is signalling that Monday’s quake is unlikely to shake its bottom line. The dust that seemed to envelope the Rockfort...
Gregg Dennis of Business Recovery Services Limited has been appointed as the new trustee for adventure park operator Mystic Mountain Limited in bankruptcy. It follows the rescinding of an injunction previously issued by Justice Stephane Jackson-...
Environmental groups have urged a moratorium on deep-sea mining ahead of a meeting of a UN body in Jamaica that conservationists fear will soon authorise the world’s first licence to harvest minerals from the ocean floor. More than 20 countries...
