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Business

Published:Sunday | July 9, 2023 | 12:09 AM

Your business offers a product or service. Regardless of how well your offer sells, you wonder whether or not you are leaving money on the table. In other words: Are you charging the best price possible? This question is often left to opinions,...

Published:Sunday | July 9, 2023 | 12:09 AM

Caricom has released documents from the 22nd meeting of the Restricted Council for Finance and Planning, known as COFAP, which hammered out a proposal to establish a regional export and import bank in collaboration with Afreximbank. The proposal...

Published:Sunday | July 9, 2023 | 12:09 AM

Agro-Investment Corporation, the state agency with responsibility for agricultural investment and promotion, is expanding the agro park network by 1,300 hectares that are to be commissioned into service within two years. Infrastructure work,...

Published:Sunday | July 9, 2023 | 12:07 AM

The International Seabed Authority — the United Nations body that regulates the world’s ocean floor — is preparing to resume negotiations that could open the international seabed for mining, including for materials critical for the green energy...

Published:Friday | July 7, 2023 | 12:12 AM

Tens of millions of people have quickly signed up to Meta’s new app, Threads, as it aims to compete with Twitter — a sign that users are looking for an alternative to the social media platform that has undergone a series of unpopular changes since...

Published:Friday | July 7, 2023 | 10:36 AMSteven Jackson - Senior Business Reporter

Soap maker Blue Power Group Limited is looking to triple its revenue in five years, which would push annual sales above $2.5 billion. The plan rests on the addition of new lines of bath and liquid soaps, including the introduction of special-sized...

Published:Friday | July 7, 2023 | 12:10 AM

Mayberry Invest-ments Limited, MIL, a boutique investment bank with a net worth of $26 billion, is rearranging its corporate structure to distinguish its regulated operations. The non-regulated operations will be shifted to a new holding company to...

Published:Friday | July 7, 2023 | 12:08 AMAvia Collinder - Business Writer

There is still resistance from traditional doctors and pharmacists and cultural leanings to overcome, but telehealth and telemedicine have been gaining traction in Jamaica, and new investors are entering the market with web-based solutions....

Published:Thursday | July 6, 2023 | 6:35 PM

The Jamaica Stock Exchange (JSE) Combined Index declined marginally on Thursday. The hectic trading ended with an advance/decline ratio of 52/44. The JSE Combined Index declined by 385.17 points or 0.11 per cent to close at 342,451.78....

Published:Thursday | July 6, 2023 | 12:06 AM

Tesla Inc’s second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar...

Published:Wednesday | July 5, 2023 | 3:46 PM

The Jamaica Stock Exchange (JSE) Combined Index again declined on Wednesday. The slow to moderate trading ended with an advance/decline ratio of 52/44. The JSE Combined Index declined by 489.22 points or 0.14 per cent to close at 342,836.95. The...

Published:Wednesday | July 5, 2023 | 1:04 AM

The University of Technology Jamaica and Sagicor Group Jamaica Limited are partnering on a mobile wallet that’s first to be tested on the university campus. Depending on the receptivity, a decision will be made later on whether the digital wallet,...

Published:Wednesday | July 5, 2023 | 12:55 AM

Apple became the first publicly traded company to close a trading day with a US$3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits....

Published:Wednesday | July 5, 2023 | 12:53 AM

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened...

Published:Wednesday | July 5, 2023 | 12:51 AM

TikTok and Instagram users can scroll with abandon. But Twitter owner Elon Musk has put new curfews on his digital town square, the latest drastic change to the social media platform that could further drive away advertisers and undermine its...

Published:Wednesday | July 5, 2023 | 12:49 AM

Barita Investments Limited is structuring a product, with loans as the underlying assets, as it deepens its involvement in the private credit market. Private credit involves loan-type arrangements outside of the banking system, including bonds and...

Published:Wednesday | July 5, 2023 | 12:19 AM

French President Emmanuel Macron’s Summit for a New Global Financing Pact, held in Paris in June, was a historic opportunity to deliver deep financial reforms that support development and bolster the fight against climate change. But the summit’s...

Published:Wednesday | July 5, 2023 | 12:15 AM

Zodiac Caribbean is floating a new US$10-million bond that will be used to refinance existing debt at lower interest rates. The bond is being backed by its shares in Supreme Ventures Limited, and will be issued in two tranches that will pay...

Published:Wednesday | July 5, 2023 | 12:07 AM

The ultra-exclusive Hambani luxury complex, sporting the most expensive known residential units listed at the equivalent of about $310 million per unit, at today’s conversion rate, is more than a year behind schedule, and some of the apartments...

Published:Wednesday | July 5, 2023 | 12:05 AM

In a three-year review of the mortgage market, the Bank of Jamaica found that apartments made the best gains in value, while houses built on land lots showed least improvement. The central bank also found in its assessment of loan-to-value ratios...

Published:Tuesday | July 4, 2023 | 2:12 PM

The Jamaica Stock Exchange (JSE) Combined Index declined marginally on Tuesday. The heavy and hectic trading, ended with an advance/decline ratio of 46/53. The JSE Combined Index declined by 113.78 points or 0.03 per cent, to close at 343,326.17....

Published:Tuesday | July 4, 2023 | 12:05 AM

More than 150 executives are urging the European Union to rethink the world’s most comprehensive rules for artificial intelligence, saying upcoming regulations will make it harder for companies in Europe to compete with rivals overseas, especially...

Published:Monday | July 3, 2023 | 6:58 PM

The Jamaica Stock Exchange (JSE) Combined Index opened the week in decline on Monday. The moderate trading ended with an advance/decline ratio of 42/49. The JSE Combined Index declined by 2,842.58 points or 0.82 per cent, to close at 343,439.95....

Published:Sunday | July 2, 2023 | 1:09 AM

In Japan, a nation reputed for loyalty to companies and lifetime employment, people who job-hop are often viewed as quitters. And that’s considered shameful. But the culture has now given rise to ‘taishoku daiko’, or ‘job-leaving agents’. Dozens...

Published:Sunday | July 2, 2023 | 1:03 AM

QUESTION: I have been reading your articles over the years and they help me a lot so thank you. Now I am asking your help with my problem! I started a company last year with a team of people who need a lot of training. All of them have to be...

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