Sun | Jun 28, 2026

Business

Published:Wednesday | October 13, 2021 | 12:10 AM

Mexico’s president has made punishing corruption the centrepiece of his political agenda, so when one of the country’s most corrupt and self-confessed ex-officials was photographed dining out carefree at a luxury restaurant over the weekend, it...

Published:Wednesday | October 13, 2021 | 12:09 AM

Stewart’s Automotive has changed track on its microfinancing operation, opting to wean itself from the Barbadian partner from which it learned the business of car financing over the the past eight years. After forming a joint venture company,...

Published:Wednesday | October 13, 2021 | 12:08 AMHuntley Medley/Associate Business Editor

Jamaica is unlikely to be taken off several international lists that have tagged the country as being non-compliant with the global anti-money laundering and combating the financing of terrorism, or AML/CFT regime, unless issues now before the...

Published:Wednesday | October 13, 2021 | 12:08 AM

There are many reasons to be critical of the International Monetary Fund and the World Bank, but the legitimacy crisis now confronting both institutions is not based on any of them. Instead, it has arisen for the wrong reasons, and this is serving...

Published:Wednesday | October 13, 2021 | 12:08 AM

Cigarette trader Carreras Limited will tell shareholders at their upcoming annual general meeting that its outlook on business remains positive as its sales are largely resistant to COVID-19 lockdowns. “It was agreed that while these [COVID-19-...

Published:Wednesday | October 13, 2021 | 12:07 AM

The final frontier has rarely seemed closer than this – at least virtually. Researchers at one of Switzerland’s top universities were releasing open-source beta software on Tuesday that allows for virtual visits through the cosmos, including up to...

Published:Wednesday | October 13, 2021 | 12:07 AM

The International Monetary Fund is slightly downgrading its outlook for the global recovery from the pandemic recession, reflecting the persistence of supply chain disruptions in industrialised countries and deadly disparities in vaccination rates...

Published:Wednesday | October 13, 2021 | 12:07 AM

A new player has entered the Jamaican cement market, behind which is a group of three local entrepreneurs. Wealth Team Limited, which trades as Growth Tech Special Projects, has been granted a licence by the Ministry of Industry, Investment...

Published:Wednesday | October 13, 2021 | 12:06 AM

A United States-based economist won the Nobel prize in economics on Monday for pioneering research that transformed widely held ideas about the labour force, showing how an increase in the minimum wage doesn’t hinder hiring and immigrants don’t...

Published:Wednesday | October 13, 2021 | 12:06 AMSteven Jackson/Senior Business Reporter

Soapmaker Blue Power Group Limited has acquired another property on Victoria Avenue in Kingston, which houses its operations. The property spans two acres and sits across from its main office on the same street. The company plans to use the...

Published:Tuesday | October 12, 2021 | 4:40 PM

The Jamaica Stock Exchange (JSE) Combined Index continued its downward trend on Tuesday. The moderate trading session ended with an advance/decline ratio of 34/40. The JSE Combined Index declined by 1,195.32 points or 0.29 per cent to close at 408...

Published:Tuesday | October 12, 2021 | 12:08 AM

Drugmaker Merck asked United States regulators on Monday to authorise its pill for treating COVID-19 in what would add an entirely new and easy-to-use weapon to the world’s arsenal against the pandemic. If cleared by the Food and Drug...

Published:Monday | October 11, 2021 | 4:18 PM

The Jamaica Stock Exchange (JSE) Combined Index opened the week on a losing note on Monday. The moderate trading session ended with an advance/decline ratio of 39/46. The JSE Combined Index declined by 1,411.57 points or 0.34 per cent to close at...

Published:Saturday | October 9, 2021 | 12:10 AM

The number of United States-bound Haitian migrants temporarily stuck in northern Colombia has risen to about 20,000, a senior US official said on Thursday, echoing reports from a local human-rights organisation. “It’s forming a human bottleneck,”...

Published:Saturday | October 9, 2021 | 12:09 AM

Whether boom or bust, luxury will always sell, says upscale realty brand Sotheby’s at the formal launch of the brand’s operations in Jamaican on Friday. The Sotheby’s Jamaica franchise will start with five realtors, led by shareholder Julian Dixon...

Published:Saturday | October 9, 2021 | 12:08 AMRoxanne Miller - Guest Columnist

In past times, people would barter. Ten coconuts could be worth one goat, or two loaves of bread could be fairly exchanged for a dozen eggs. The barter system would work until a person had a jug of palm oil and needed fish but the fisherman needs...

Published:Saturday | October 9, 2021 | 12:08 AM

The Chief Justice of Jamaica Bryan Sykes has a clear vision of how the island’s court system should work. Justice Minister Delroy Chuck, according to the Jamaica Information Service, said in his contribution to the 2019/20 Sectoral Debate that the...

Published:Saturday | October 9, 2021 | 12:08 AM

The Ministry of Labour and Social Security provides significant support to senior citizens through the National Council for Senior Citizens and the National Insurance Scheme, a compulsory contributory, funded social security scheme covering all...

Published:Saturday | October 9, 2021 | 12:08 AM

The executive chairman of Caribbean Producers Jamaica, CPJ, is sounding upbeat about the company’s year-end results, which, while still bleeding, has cut its losses in half. The distribution and manufacturing company, which is heavily dependent on...

Published:Saturday | October 9, 2021 | 12:08 AMKarena Bennett - Business Reporter

Medical Disposables...

Published:Saturday | October 9, 2021 | 12:07 AM-

Regulators around the world are cracking down on cryptocurrencies. China has banned them. The United States is considering a range of measures aimed at reining them in. The Bank of England is developing capital requirements for financial...

Published:Saturday | October 9, 2021 | 12:05 AMNeville Graham - Business Reporter

Banking on new drinks distribution contracts, Rerum Trading is looking to break through a $1 billion in sales by next year, CEO Omar Newell has said. The company formed two years ago now has a three-year deal with Trinidadian manufacturer SM Jaleel...

Published:Saturday | October 9, 2021 | 12:05 AM

Mexico passed a milestone of sorts in September when the airport at the country’s biggest coastal resort, Cancún, surpassed pre-pandemic levels of passengers. The Airports of the Southeast group, which runs the terminal at the Caribbean coast...

Published:Friday | October 8, 2021 | 12:11 AM

When the United States government issues the September jobs report on Friday, the spotlight will fall not only on how many people were hired last month. A second question will command attention, too: Are more people finally starting to look for...

Published:Friday | October 8, 2021 | 12:10 AM

Little by little, vacationers are returning to one of the Caribbean’s most iconic beaches, which has been a nearly abandoned strip of glittering sand and turquoise seas for more than a year. Varadero, the surfside star of Cuba’s crucial tourism...

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