Business

Tanker drivers, some waiting from overnight, left the Petrojam refinery loading ramps in a huff at mid-afternoon, after refinery representatives advised they had no more 90 octane gas available. There was no shortage of 87 octane. Representatives...

● Fesco adjusts executive titles Future Energy Source Company Limited, which trades as Fesco, has announced title changes for three offices. Jeremy Barnes has dropped the title of CEO and is now managing director, and will continue holding a...

In the aftermath of Sagicor Group Jamaica’s announcement of a US$100-million acquisition of a major stake in the LNG power plant that fuels the Jamalco alumina refinery, one of its analysts is recommending renewable energy and infrastructure assets...

The International Labour Organization, ILO, says teleworking permeated the labour markets of Latin America and the Caribbean as a way to cope with the consequences of the COVID-19 coronavirus pandemic, in the context of a devastating drop in...

The Combined Index of the Jamaica Stock Exchange is up 8.6 per cent year to date. At half-year ending June, the market closed at 427,845 points, but has since fallen back to 426,259 as of Tuesday. Four local stocks doubled in value between January...

That there are increased borrower defaults during times of economic turbulence may be a truism. Less considered is the obligation of lenders to lend, the consequences of wrongful refusal to lend, and how lenders may avoid this in commercial lending...

The Paint Shop, a specialist in mixed paints and distributor of foreign brands, has relocated to a larger, newly built complex at Upper Waterloo Road in Kingston, which will operate as a superstore as the company positions to go after more market...

This summer is already shaping up to be a difficult one for air travellers. Southwest Airlines customers have struggled with thousands of delays and hundreds of cancelled flights in the past three weeks because of computer problems, staffing...

Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced...

Lasco Financial Services Limited, LFSL, is emerging as a major player in the payment card business, having come to market with its second such product under approval from the central bank’s sandbox, a strict and comprehensive regime by the Bank of...

Yaneek Page wrote an excellent article on June 20 about the ‘disruptive’ American technology company Uber and its entry into the local transport sector. Disruptive in this context means that Uber is “using technology to bring about radical change...

Digital payments are not new to Jamaica, and digital gifting, or the sending of gift cards electronically, has already been pioneered, though it is still in its infancy. Online payment for entry to parties and other events has not been commonplace...