Nearly two years into the current bout of inflation, the concept of ‘transitory inflation’ is making a comeback as the COVID-related supply shocks dissipate. This comes at a time when it is critically important to keep an open mind about the...
You have a serious concern for your personal productivity. It’s annoying to realise moments where you could have done things more efficiently. Why? You are someone who hates to see time being wasted. But when you reach out for help, all you receive...
Kingston and other major towns, according to last Wednesday’s Gleaner, are currently undergoing the biggest construction boom since the 1990s. The planning authorities, in the face of demand for residential space in the capital and amid the limited...
It’s that time of year when companies, self-employed persons and employed persons who earn additional income should be in high gear to file their income tax returns. Here are some tips to make sure it’s done right the first time. #...
Two Stanford University academics signed on to FTX founder Sam Bankman-Fried’s US$250-million bail package, enabling him to live with his parents while awaiting trial on fraud charges, court papers revealed Wednesday. Unsealed papers in Manhattan...
Consumer prices decelerated into negative territory in January, bringing the annual inflation rate closer to the top end of the central bank’s target band. Prices deflated by 0.6 per cent in January after a flat December, Statin reported on...
On track towards becoming a financial holding company, VM Group Limited has now created a new vehicle for its banking and financial assets, but is still in the process of restructuring. Under the new mandated structure for banking conglomerates,...
Hyundai and Kia are rolling out software updates to stem a raft of auto thefts related to a TikTok challenge that authorities believe has led to at least 14 reported crashes and eight fatalities. The updates are free for millions of vehicles that...
Ripton Contracting Jamaica is constructing a 20-storey tower in the Waterloo area in Kingston that will become Jamaica’s tallest building. However, it’s title is expected to be short-lived as ground has already been broken on another high-rise that...
Published:Wednesday | February 15, 2023 | 12:50 AM
Investors who hold stocks, bonds and other securities and have them deposited at the Jamaica Central Securities Depository, now have a web-based portal that can take care of queries about their accounts and give real-time updates on securities that...
Published:Wednesday | February 15, 2023 | 12:35 AM
The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing. At the same time, Tuesday’s consumer price report...
Published:Wednesday | February 15, 2023 | 12:33 AM
Are family-owned businesses, FOBs, the cradle for ‘nepo babies’, or is a case the stereotype that comes with being born into a family business. The catchy two-word buzz phrase, nepo baby, is now linked to FOBs. This is a description attributed to...
Published:Wednesday | February 15, 2023 | 12:29 AM
The Post and Telecommunications Department, which trades as Jamaica Post, is citing restricted airlift since the pandemic as the primary reason for the dramatic reduction in delivery routes worldwide. It comes amid continuing recovery of the...
Published:Wednesday | February 15, 2023 | 12:23 AM
FirstRock Private Equity Limited, FRPE, has taken a majority stake in Optimum Trading Limited, a distributor of dental and medical supplies in Jamaica. The terms of the takeover were not disclosed. But the private equity firm is already indicating...
Published:Wednesday | February 15, 2023 | 12:12 AM
The European Union’s executive branch has raised its economic growth forecast for the year, saying Europe will narrowly avoid a recession and has already passed its inflation peak as natural gas prices fall from astronomical highs. But the...
Published:Wednesday | February 15, 2023 | 12:10 AM
After seeing promising results in Eastern Europe, Google will initiate a new campaign in Germany that aims to make people more resilient to the corrosive effects of online misinformation. The tech giant plans to release a series of short videos...
Published:Wednesday | February 15, 2023 | 12:09 AM
Dubai again is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula, offering its firmest details yet Monday for a pledged launch by 2026. Since 2017, the commercial capital of the United Arab Emirates...
Published:Wednesday | February 15, 2023 | 12:08 AM
Climate commitments by companies aren’t always as green as they seem. A new report concludes major brands are exaggerating how ambitious their efforts to cut greenhouse gas emissions are — in effect misleading consumers, investors and governments....
Russia has announced that it will cut oil production by 500,000 barrels per day next month after Western countries capped the price of its crude over its action in Ukraine. “As of today, we fully sell all our crude output, but as we stated before,...
For federal prosecutors, Sam Bankman-Fried could be the gift that keeps on giving. After the November collapse of FTX, the cryptocurrency exchange he founded in 2019, Bankman-Fried unexpectedly gave a series of interviews intended to present his...
QUESTION: I would like to set up a trust. What do I need to do so? Where is the best place to get one done? What are some of the pros and cons of setting up a trust for your child? – Cas FINANCIAL ADVISER: A trust is created when one party, the...
The legal ganja sector can improve competition and generate more funds provided it expands its potential client base, limits concessions to small farmers, allows for weed imports, and expands access to financing, according to the Fair Trading...
