Business

Crystal Cruises said Tuesday that a second of its ships diverted to The Bahamas, avoiding a US judge’s order to seize one of its vessels in a legal dispute over fuel bills. The Crystal Serenity arrived in Bimini on Monday after the ship was denied...

The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund, IMF, to drop bitcoin as legal tender in the Central American country. Treasury Minister Alejandro Zelaya angrily said that “no international...

Jamaica and Guyana are already benefiting from a US$40-million training and aftercare support programme under the Alliances for Action Coconut Project that’s meant to wring more value from a crop that has long suffered from the lethal yellowing...

The United Arab Emirates (UAE) announced on Monday that it is introducing for the first time a federal corporate tax on business earnings. It is the latest measure to bring the country in line with many governments worldwide but one that also chips...

A panel of investment analysts speaking on inflation and interest rates in Jamaica have advised that entrepreneurs operating within the small and medium-sized business space look to fund capital-intensive projects immediately as interest rates are...

A new study conducted by think tank Caribbean Policy Research Institute, CaPRI, has revealed that the real cause of the slow crawl towards financial inclusion is largely due to banks’ disinterest in tailoring products to meet the needs of society’s...

More Jamaicans are starting and formalising businesses than ever before, but are they prepared for the practicalities of operating an enterprise? That’s the main question that lingered in my mind after learning from Companies Office of Jamaica...

Billionaire Tony Elumelu, who made his fortune in banking, oil, and healthcare, will return to Jamaica later this year with his bank executive, to explore investing in the region. “We have a customer base of over 25 million around the globe. We are...

Eppley Limited has appointed General Manager Justin Nam to its board of directors and named Nicholas Scott, its managing director, as vice-chairman of the board, alongside two other changes in a management shuffle at the investment company. Nam’s...

Cosmetics company Mi Natural outshone two other companies in the JSE Pitch Room competition to cop $300,000 in grant funding to assist with launching its business. The win marks the third competition that the business, which deals in hair growth...