Business

Jamaica’s insurance sector continues to expand, with total assets just shy of the $600-billion mark and capital buffers showing improvement, the Financial Services Commission, FSC, indicated in its June quarter review of the sector. Asset growth...

Having operated out of a Kingston hotel for months, fintech consulting firm Intellibus is on the hunt for office space to establish its presence in Jamaica. Principal and founder of Intellibus Ed Watal said the American company is now registered in...

Earlier this year, the International Monetary Fund declared that “debt levels have stabilised and are projected to remain stable or slightly decline” in emerging markets and developing economies. But this sanguine assessment certainly does not...

Private equity company Portland JSX Limited has boosted the prospects of Visual Vibe with US$500,000 of financing, but has not taken a stake in the advertising company. The sum translates to around $80 million in local currency. “It’s not an equity...

Argentina’s libertarian leader lavished praise on Donald Trump ahead of his first White House meeting with the US president on Tuesday. It’s a tactic that has helped transform President Javier Milei’s cash-strapped country into one of the Trump...

Sandals Resorts International’s US$230-million redevelopment of its Dunn’s River hotel property, particularly the addition of 18 overwater villas, has received mixed reactions from the community, according to a newly released environmental impact...

Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the...

The decarbonisation of energy systems depends largely on the embrace of wind and solar energy. Fortunately, the costs of solar power are falling fast and, combined with the low-cost batteries that are now available, solar has become a competitive...

Credit unions play a vital role in enhancing economic development, promoting financial inclusion for underserved populations, supporting small businesses, and contributing to systemic resilience and financial stability. They aren’t just financial...

Every night, some 74,000 gallons (280,000 litres) of water are frozen at Norton Audubon Hospital in Louisville, Kentucky. The hospital used to get all of its air conditioning from a conventional system found in most buildings in the United States,...