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Business

Published:Sunday | January 21, 2024 | 12:06 AM

You are a high-achieving manager, satisfied that your accomplishments didn’t come by luck. Instead, you have worked hard to set and reach your goals. But lately, you have felt as if your lofty ambitions weren’t enough. Perhaps your arrival in the...

Published:Friday | January 19, 2024 | 7:02 PM

Conglomerate Musson Limited, majority controlled by PB Scott and Melanie Subratie, today released an offer to the market to acquire $1 billion worth of additional shares in its listed subsidiary Seprod Ltd. The offer opens on January 24 and closes...

Published:Friday | January 19, 2024 | 12:10 AM

Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go. Samsung, the biggest rival to Apple and its iPhone, provided a glimpse of how...

Published:Friday | January 19, 2024 | 12:09 AM

India seems to be everyone’s favourite growth story nowadays. Despite valid concerns about the accuracy of official statistics, the Indian economy is projected to expand by 6.3 per cent in 2024 – an undeniably remarkable feat, given that its GDP...

Published:Friday | January 19, 2024 | 12:09 AMSteven Jackson - Senior Business Reporter

Jamaica now faces the challenge of resisting overspending during upcoming elections which could erode the gains of increased fiscal surplus and reduced debt levels since the pandemic. Local government elections are coming this year with general...

Published:Friday | January 19, 2024 | 12:08 AMAvia Collinder - Business Writer

Justine Collins, a partner in the law firm Hart Muirhead Fatta, says that while the Office of the Information Commissioner, OIC, website is not yet live for registration, accounts can be created, as companies position to comply with the new law on...

Published:Friday | January 19, 2024 | 12:08 AM

Real estate development plans appeared to have slowed in 2023, based on the number and scope of the approved projects. In total, the Real Estate Board of Jamaica approved 92 residential and commercial developments encompassing 3,296 units, nearly...

Published:Friday | January 19, 2024 | 12:08 AM

Jamaica made more progress on wages than any of the twenty countries sampled in the region, when factoring for inflation, a new UN report says. It follows the big pay raise the Jamaican government granted to itself. The report from the Economic...

Published:Thursday | January 18, 2024 | 12:05 AM

A business to be spun off by General Electric will build hundreds of turbines for what will be the largest wind project in the Western Hemisphere, part of a massive equipment order and long-term service agreement with the global renewable-energy...

Published:Wednesday | January 17, 2024 | 12:09 AM

Whenever there is bad news about climate change, people ask: What can be done? That’s likely to be the case again following Tuesday’s news that 2023 shattered annual heat records. The European climate agency Copernicus said average global...

Published:Wednesday | January 17, 2024 | 12:09 AM

Chairman of Jamaica Public Service Company Limited, Damian Obiglio, has stepped into the role of chief executive of the utility following the surprise resignation of newcomer Steve Berberich. Just months into his appointment as president and CEO of...

Published:Wednesday | January 17, 2024 | 12:08 AM

China’s economic performance over the last year has been disappointing – so much so that some observers argue that growth has already peaked, and that it is all downhill from here. But it is far too soon to write off China’s economic resilience. As...

Published:Wednesday | January 17, 2024 | 12:08 AMSteven Jackson/Senior Business Reporter

Consumers are more confident, but businesses are more cautious, new data released on Tuesday shows. Consumer confidence grew to 174.7 points in the fourth quarter of 2023, which was 8.5 per cent higher than in the third quarter, and also an...

Published:Wednesday | January 17, 2024 | 12:07 AM

More executives are feeling better about the global economy, but a growing number don’t think their companies will survive the coming decade without a major overhaul because of pressure from climate change and technology such as artificial...

Published:Wednesday | January 17, 2024 | 12:06 AMAvia Collinder/ - Business Writer

Transport company Knutsford Express Services Limited is reforming its passenger processing and boarding procedures, using a model that partly mimics airport logistics, inclusive of departure gateways. The company has also added ticket-checking...

Published:Wednesday | January 17, 2024 | 12:06 AM

The barista tipped the jug of smooth, foamy milk over the latte, pouring slowly at first, then lifting and tilting the jug like a choreographed dance to paint the petals of a tulip. Latte art is a skill that can take months if not years of...

Published:Wednesday | January 17, 2024 | 12:06 AM

The world could have its first trillionaire within a decade, anti-poverty organisation Oxfam International said on Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski...

Published:Tuesday | January 16, 2024 | 12:07 AM

China’s auto exports surged 63.7 per cent in 2023, while domestic sales, boosted by year-end incentives, rose 4.2 per cent, an industry association has said. The surge in exports, to 4.1 million according to the China Association of Automobile...

Published:Sunday | January 14, 2024 | 12:08 AM

There are many parallels between constructing a modern highway and a personal financial plan. They aim to achieve a specified goal and yield specific benefits, require a strategy, provide for identifying and overcoming obstacles, require funding,...

Published:Sunday | January 14, 2024 | 12:08 AM

QUESTION: I really need your help. My question is, what business would you recommend for me personally as a young professional to start in 2024? I know that my No. 1 priority is making money so I can get out of this crisis. I need a comfortable...

Published:Sunday | January 14, 2024 | 12:08 AM

Gareth Davis Sr wrote a heart-rending article in The Gleaner on January 2. Former market vendor Novellete Fuller was the subject. She was a passenger in a truck that crashed in Portland’s Rio Grande Valley in December 2008. Fourteen persons were...

Published:Sunday | January 14, 2024 | 12:06 AM

Fresh from the yes votes at its recent annual general meeting, Ciboney Group is undergoing a transformation that will see the shell of what was once a resort business being repositioned and renamed Innovative Energy Group Limited or IEG as it...

Published:Sunday | January 14, 2024 | 12:06 AM

Some 4.17 million visitors flocked Jamaica in 2023, which pushed the number of arrivals by plane and cruise ship to record levels, according to Ministry of Tourism estimates and new airport data. The arrivals are up some 17 per cent year on year,...

Published:Friday | January 12, 2024 | 5:16 PM

The Jamaica Stock Exchange (JSE) Combined Index closed Friday regaining lost ground. The moderate trading ended with an advance/decline ratio of 40/50 The JSE Combined Index advanced by 2,814.35 points or 0.85 per cent to close at 335,199.54. The...

Published:Friday | January 12, 2024 | 12:11 AMSteven Jackson - Senior Business Reporter

The National Water Commission, NWC, will seek to turn the tide on water wastage with a multiyear project aimed at conservation, and tapping into Jamaica’s thriving tourism sector and housing boom. It forms part of plans to reduce the water that...

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