Thu | Jul 2, 2026

Business

Published:Friday | March 12, 2021 | 12:15 AMHuntley Medley - Associate Business Editor

It’s been three years since the International Monetary Fund, IMF, recommended that Jamaica devise a more thorough risk-based method of supervising the banking system for a better picture of its financial health, detection of potential or...

Published:Thursday | March 11, 2021 | 12:14 AM

The leaders of the European Union, EU, and the United Kingdom, UK, went head-to-head in an angry exchange over vaccine exports as relations between the bloc and its former member took another diplomatic dip on Wednesday. After the British...

Published:Wednesday | March 10, 2021 | 7:29 AM

ADVERTORIAL: MC SYSTEMS Some local tech professionals strongly believe there is much value educators can glean from gamification, especially in the current online learning environment precipitated by the COVID-19 pandemic. Among them is Jemar...

Published:Wednesday | March 10, 2021 | 12:21 AM

Aiming for a better market reflection of the value of the company, Guardian Holding Limited, GHL, plans to cross-list its stock in Kingston after a seven-year hiatus. The Trinidad...

Published:Wednesday | March 10, 2021 | 12:17 AMHuntley Medley/Associate Business Editor

The creation of a new integrated IT platform for the safe sharing of bank supervision information between the Bank of Jamaica, BOJ, and the deposit-takers that it regulates will get under way later this year. But in the meantime, the central bank...

Published:Wednesday | March 10, 2021 | 12:16 AMKarena Bennett/Business Reporter

GraceKennedy Limited has struck a deal with Scotia Insurance Caribbean Limited for the full takeover of Scotia Insurance Eastern Caribbean Limited, SIECL, subject to regulatory approvals. The cost of the transaction and its financing were not...

Published:Wednesday | March 10, 2021 | 12:16 AM

Hospitality company Margaritaville Caribbean Group, MCG, plans to raise up to US$2 million through a bond placement, for operational purposes. The company, whose franchises and subsidiaries are heavily dependent on travellers and tourism traffic,...

Published:Wednesday | March 10, 2021 | 12:15 AM

A top judge has thrown out both corruption convictions of former Brazilian President Luiz Inácio Lula da Silva, opening the way for a possible battle against conservative incumbent Jair Bolsonaro in next year’s elections. Supreme Court Justice Luiz...

Published:Wednesday | March 10, 2021 | 12:15 AM

Retired central banker Livingstone Morrison has joined financial payment provider, WiPay Jamaica, as chairman of the board, effective March 5. WiPay Jamaica, a subsidiary of WiPay Caribbean Holding, serves as a platform to send and receive payment...

Published:Wednesday | March 10, 2021 | 12:08 AM

Twitter has filed a lawsuit against Texas Attorney General Ken Paxton, claiming the Republican used his office to retaliate against it for banning the account of former President Donald Trump following the riot at the United States Capitol. Days...

Published:Wednesday | March 10, 2021 | 12:06 AM

Business was booming for a trendy little clothing shop called Clandestina in the heart of Old Havana, one of thousands of new private businesses that had arisen in what was once a near-wholly state-run socialist economy. A torrent of tourists...

Published:Wednesday | March 10, 2021 | 12:05 AM

The European Union executive wants to force employers to be much more open about how much their staff earn to make it easier for women to challenge wage imbalances and close the gender pay gap. Even though the gender pay gap across the 27-nation...

Published:Tuesday | March 9, 2021 | 12:17 AM

Oil prices pressed higher on Monday after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets already rattled by a decision by oil producers last week to not lift output. Brent crude, the...

Published:Sunday | March 7, 2021 | 12:16 AM

America’s job market delivered a burst of strength in February. It lifted hopes that the roll-out of viral vaccines, the distribution of federal aid and the increasing willingness and ability of consumers to go out and spend will invigorate the...

Published:Sunday | March 7, 2021 | 12:16 AM

Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made more than US$13 million by fooling investors zealous over the emerging cryptocurrency market, authorities...

Published:Sunday | March 7, 2021 | 12:15 AM

The G20 has agreed on a new allocation of special drawing rights, the International Monetary Fund’s reserve asset. This is great news: I have long considered the SDR one of the most promising, yet underused instruments of international economic...

Published:Sunday | March 7, 2021 | 12:14 AM

The few small enterprises that pivoted to online commerce since the pandemic, riding the wave of increased digital payments, are also finding it a more convenient way to do business, according to participants at ‘Let’s Go Digital’, a virtual...

Published:Sunday | March 7, 2021 | 12:13 AMKarena Bennett - Business Reporter

Plastic drinking straws should be off the market by mid-year, but Jamaican manufacturers say they have identified a loophole that gives juice importers an advantage and which they are urging Government to plug before the third phase of the ban is...

Published:Sunday | March 7, 2021 | 12:13 AM

In financial and life planning, there are three primary phases: accumulation, consolidation, and spending, so financial goals and needs change with the phases. Strategies must also be dynamic, given the changes in the environment. Here are some of...

Published:Sunday | March 7, 2021 | 12:12 AM

Karelle Samuda and Stephanie Abrahams, officials in the Ministry of Finance and Public Service (MoF...

Published:Sunday | March 7, 2021 | 12:12 AM

A little over a year ago, this column observed that the pandemic will pass but noted that more telling will be the way in which the region responds to the impact of a virus-induced recession. At the time, it was apparent that once the most...

Published:Sunday | March 7, 2021 | 12:10 AM

Food and logistics conglomerate, Jamaica Producers Group, JP, is going after the concession for Grantley Adams International Airport in Barbados, the tender for which has been delayed. Government technocrats in that country are reassessing the...

Published:Sunday | March 7, 2021 | 12:10 AM

Is there a way to turn down requests from other people and thereby increase your productivity? In the changing world we live in, you may have to say ‘no’ more often. The old saying, ‘If you want to get something done, ask a busy person’, has an...

Published:Sunday | March 7, 2021 | 12:10 AM

IronRock recorded its best period in the December quarter since going public five years ago as a start-up general insurer, but the company is not crediting only insurance activity for the performance. The gains, said Managing Director Evan Thwaites...

Published:Friday | March 5, 2021 | 4:33 PM

The Jamaica Stock Exchange (JSE) combined index declined on Friday with an advance/decline ratio of 33/40. The index declined by 736.59 points or 0.19 per cent to close at 395,241.00. The JSE Main Market Index declined by 1,096.63 points or 0.28...

Pages

Subscribe to Business