Business

GEORGETOWN, Guyana: The deputy managing director of the International Monetary Fund (IMF), Kenji Okamura, has ended a visit here congratulating the authorities on Guyana’s “unparalleled economic expansion”. “Guyana today is in the position to reap...

J. WRAY...

CASTRIES, St Lucia: ST LUCIA says it is seeking a Caribbean Community (CARICOM) derogation to purchase sugar from outside of the region as the island continues to experience a shortage of the commodity. Commerce Minister Emma Hippolyte said there...

FOOD MANUFACTURING and packaging company Cal’s Manufacturing Limited, which targets low-cost, high-demand foods and consumer products, has added more operating space as it seeks to increase output to both local and exports markets. In 2022, the...

LONDON: THE BRITISH economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output shrank more than anticipated in the final three months of the year, official figures showed yesterday. In...

THE RESTRUCTURED telecom Digicel Group has officially announced its new nine-member board, led by Chairman Rajeev Suri and includes Jamaican Mariame Robinson. The board includes mostly new faces but continues to have the founder and former Chairman...

Thousands of ride-hailing and delivery workers in the United States (US) and the United Kingdom (UK) went on strike on Valentine’s Day, calling for higher pay and other changes to their working conditions. In the US, Uber and Lyft drivers planned...

HAMILTON, Bermuda: THE BERMUDA Tourism Authority (BTA) says the British Overseas Territory (BOTT) has recorded “a significant turning point” in visitor arrivals last year, recording a total of 714,000 as compared with 808,000 recorded in 2019. The...

RUM COMPANY J. Wray...

Two affiliated Lasco companies will graduate to the main market on the Jamaica Stock Exchange (JSE) next month after a decade of listings. “The effective date of the graduation is Wednesday, March 27, 2024,” stated the JSE in a notice. Both...

BRIDGETOWN, Barbados: THE BARBADOS-based Caribbean Tourism Organization (CTO) says it will stage a landmark two-day training event focused on airline route development for regional tourism leaders. It said the February 20-21 event to be held at its...

TOKYO: JAPANESE AUTOMAKER Daihatsu yesterday named a veteran at its parent company Toyota to replace its president, as it tries to repair the damage from a scandal over cheating on vehicle safety tests. The troubles at Daihatsu Motor Co surfaced...