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Business

Published:Sunday | November 13, 2022 | 12:09 AM

NCB Financial Group, operator of Jamaica’s largest commercial bank, said Friday that a member company has received approval to offer remittance services through the Lynk digital wallet, allowing it to tap into ‘US$3.3 billion’ market. “The 2023...

Published:Sunday | November 13, 2022 | 12:09 AM

The Mexican government is using video of homeless people and open-air drug users in Philadelphia’s embattled Kensington neighbourhood in a national ad campaign to try to scare young people away from drugs. The spots never identify the city or...

Published:Sunday | November 13, 2022 | 12:09 AM

There are only two building societies in Jamaica today, but they still play an important role in providing personal financial solutions, notwithstanding the fact that there are other financial institutions that provide mortgages – their main...

Published:Sunday | November 13, 2022 | 12:09 AM

Your company is aware of people analytics. It wants to use these techniques to increase productivity. But it’s not clear who should champion this transformation: human resources or another unit? In companies across the world, COVID has accelerated...

Published:Sunday | November 13, 2022 | 12:09 AM

The Rev Ronald Thwaites’ October 24 essay, ‘Can Good Come from this Nazareth?’, featured the GraceKennedy Foundation’s 40th Anniversary Lecture and its sponsor’s centenary celebrations. His comments about the lecture and the GraceKennedy Group...

Published:Sunday | November 13, 2022 | 12:08 AM

The Betting Gaming...

Published:Sunday | November 13, 2022 | 12:06 AM

Just over a week ago and for the 30th year running, the United Nations General Assembly voted overwhelmingly in favour of a resolution condemning Washington for its continuing embargo on Cuba. The vote passed by 185 votes to two, with two...

Published:Sunday | November 13, 2022 | 12:05 AM

Visitors to Argentina are still not receiving a more favourable exchange rate when paying with credit and debit cards days after the new measure was announced two weeks ago, although officials insist it is only a matter of time until it is...

Published:Saturday | November 12, 2022 | 9:32 PM

NEW YORK (AP) — Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorised access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday. The embattled company's new CEO...

Published:Friday | November 11, 2022 | 6:16 AMHuntley Medley - Associate Business Editor

Seafood trading firm B&D Trawling Limited and its related holding...

Published:Friday | November 11, 2022 | 6:16 AM

Elon Musk sought to reassure big companies that advertise on Twitter on Wednesday that his chaotic takeover of the social media platform won’t harm their brands, acknowledging that some “dumb things” might happen on his way to creating what he says...

Published:Friday | November 11, 2022 | 6:16 AM

Stock valuations are falling fast, giving investors a potential opportunity to snap up stocks that may have been overvalued just a year ago. Take industrial bellwether Caterpillar Inc, for example. Last year the Illinois-based heavy machinery...

Published:Friday | November 11, 2022 | 6:15 AM

Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing, as the economy slows and consumers grow more cautious. Consumer inflation reached 7.7 per cent...

Published:Friday | November 11, 2022 | 6:15 AM

Telecommunications provider Flow Jamaica made US$108.5 million ($16.6 billion) in quarterly revenue to September, up by nearly eight per cent year-on-year due to increased customers. The Jamaica operations, which form part of the Liberty Latin...

Published:Friday | November 11, 2022 | 6:15 AMNeville Graham - Business Reporter

The installation of two new beverage lines by Wisynco Group Limited will boost production by at least 35 per cent, according to Chairman William Mahfood. The drinks manufacturer plans to increase its capacity to meet the growing demand in local and...

Published:Friday | November 11, 2022 | 6:15 AM

Jamaica has not consistently benefited from the most prudent management of its financial affairs, neither in the fiscal nor monetary policy sphere. However, we have taken great strides in this respect over the last decade or so. For instance, we...

Published:Friday | November 11, 2022 | 6:15 AMNeville Graham - Business Reporter

Stationery and Offices Supplies Limited, SOS, will be expanding into new markets beginning the first quarter of 2023, and is currently working on distribution arrangements within the Caribbean towards that end. It’s also looking to add to its line...

Published:Friday | November 11, 2022 | 6:15 AM

Resorts in Jamaica owned and operated by Playa Hotels...

Published:Thursday | November 10, 2022 | 3:27 AM

When it comes to helping poor nations cope with climate change, the United States government left its wallet at home. So it hopes its friend, big business, can help pick up the tab. Unable to persuade the United States Congress or the American...

Published:Wednesday | November 9, 2022 | 12:09 AM

The West’s dependence on China for so-called critical minerals once worried only a handful of experts and policy wonks. Now, the anxiety has gone mainstream, capturing headlines and becoming the subject of a BBC documentary series. But we have yet...

Published:Wednesday | November 9, 2022 | 12:08 AM

Regional insurance group Guardian Holdings Limited, GHL, has tripled its earnings for the September third quarter, because of higher revenue and efficiencies. The outlook, however, remains uncertain because of global disruptions associated with the...

Published:Wednesday | November 9, 2022 | 12:08 AM

Elon Musk’s Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with start-ups, inspired by a new era in mobility and drawn by the lower cost of building EVs compared with their fossil fuel-...

Published:Wednesday | November 9, 2022 | 12:08 AMHuntley Medley/ - Associate Business Editor

A temporary court injunction that had paused the sale of the assets of bankrupt Mystic Mountain Limited, MML, has been lifted, with receiver Wilfred Baghaloo now able to proceed with the sale of what is essentially purpose-built equipment at the...

Published:Wednesday | November 9, 2022 | 12:07 AM

The price of Starlink’s service in Jamaica, the latest satellite internet provider approved by regulators, will cost consumers nearly $70,000 to set up, mainly due to the one-off cost of acquiring the dish hardware. The monthly fees are also higher...

Published:Wednesday | November 9, 2022 | 12:07 AM

The Urban Development Corporation, UDC, is recruiting a joint venture partner to develop 132 acres or 53 hectares of land that forms part of the Caymanas Estates Development Area, also known as CEDA, into housing. The CEDA is divided into seven...

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