OP-ED CONTRIBUTION: SUSTAINABLE DEVELOPMENT “Poverty,” Aristotle famously observed, “is the parent of revolution and crime”. History has repeatedly proven the point: inequality often fuels political and social instability, giving rise to conflict...
Sports men and women going abroad to make capital of their skills is not new; it is just on a higher scale. Their primary reason for doing so has not changed – they are driven primarily by the desire to make themselves and their families better...
Today’s essay is my response to the Jamaica Observer’s July 23 article, ‘Looming crisis: 80 per cent without pensions, 70 per cent uninsured, industry demands tax breaks, micro schemes to incentivise saving’. That reporting was the product of...
Portland JSX Limited will now invest directly into businesses rather than pool with other funds. “Going forward, PJX has transitioned from a fund-based investment model and will pursue a strategy focused on direct investments,” the company said in...
QUESTION: We are in the construction industry and recently discovered that our lead workman has been poached by one of our most valuable clients. This represents a substantial portion of our business because of large, recurring contracts. This is...
There are thousands of illegal marijuana farms around the country. But when the federal government decided to stage one of its largest raids since President Donald Trump took office in January, it picked the biggest legal grower in California....
The Jamaica Coffee Exporters Association, JCEA, wants the authorities to withdraw the proposed blockchain platform for commodity exports, arguing it will impose over $100 million in costs on stakeholders. Chairman of the JCEA Dr Norman Grant said...
A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island’s iconic boardwalk. A Hard Rock casino complex next to the home stadium of baseball’s New York Mets. Eight projects are bidding for up to three...
The more that humans learn about the ocean, the more we realise how little we truly understand. For example, there may be three times more marine species than we have identified. That alone should lead us to stop taking the ocean for granted....
The Guyana government on Tuesday launched the first-ever crop insurance programme for rice farmers, with President Irfaan Ali saying that it will provide free coverage for 6,000 rice farmers across Guyana, particularly those most vulnerable to the...
Caribbean Assurance Brokers Limited registered net profit of $6.4 million for the first six months of 2025, marking a sharp turnaround from the prior year’s losses. Describing 2024 as a tough year for the insurance brokerage, in which it racked up...
The Hershey Company and other chocolate makers are continuing to hike prices, saying a volatile cocoa market gives them no choice. Hershey, the maker of Reese’s, Whoppers, barkThins and other chocolate candies, said on Wednesday that it will be...
More than 200 local companies are in various stages of preparation for listing on the proposed micro market of the Jamaica Stock Exchange. It will facilitate the raising of $10 million to $49.9 million in equity capital for micro companies that are...
Telecommunication services provider Digicel Group plans to raise US$2.9 billion, most of which is aimed at refinancing existing debt. Rating agency Fitch assigned a ‘B’ rating and a recovery rating of ‘RR4’. Fitch ranks recovery ratings in five...
Faced with declining net asset values, QWI Investments Limited is looking to boost its prospects through portfolio expansion and further risk diversification. The company is 46 per cent owned by Jamaican Teas Limited, which basically curates its...
The United Nations’ top court, in a landmark advisory opinion on Wednesday, said countries could be in violation of international law if they fail to take measures to protect the planet from climate change, and nations harmed by its effects could...
American automakers are concerned about US President Donald Trump’s agreement to tariff Japanese vehicles at 15 per cent, saying they will face steeper import taxes on steel, aluminium and parts than their competitors. “We need to review all the...
The Economic Commission for Latin America and the Caribbean, ECLAC, says flows of FDI or foreign direct investments to Latin America and the Caribbean totalled US188.962 billion last year. The figure represents a 7.1 per cent increase over the...
The largest shareholder in Innovative Energy Group Limited, IEG, will start selling down shares over the next six months, starting in August, to restore compliance with Jamaica Stock Exchange rules governing public ownership of a listed company. “...
Unpredictable weather patterns may affect agricultural output in Jamaica for the rest of the year, even as farmers seek to grow varieties of crops that are more resilient to extreme weather events. President of the Jamaica Agricultural Society Owen...
Derillion Energy Jamaica Limited is constructing a 50-megawatt floating solar facility at the Mona Reservoir that will supply power to the National Water Commission, NWC, and the national electricity grid operated by Jamaica Public Service Company...
Jamaica’s remittances continue to rise despite uncertainty in key source markets, the latest data from the Bank of Jamaica show. The flows so far this year have topped US$1 billion. “We’re seeing growth from both the US and UK markets,” said...
At a time when political instability dominates the MENA region, which encompasses the Middle East and North Africa, climate change, floods, and fires tend to get less attention than usual. And the problems of desertification and droughts almost...
A county’s diaspora plays an important role in forming a bridge between home and host countries. The traditional role of diasporas is multifaceted, including being economic contributors, as advocates for different issues and cultural ambassadors....
As cryptocurrencies become more intertwined with the traditional financial system, industry heavyweights are racing for a long-sought goal of turning real-world assets into digital tokens. “Tokenisation is going to open the door to a massive...
