Sat | Jul 4, 2026

Business

Published:Monday | December 7, 2020 | 4:58 PM

The Jamaica Stock Exchange (JSE) Combined Index declined on Monday with an advance/decline ratio of 33/40. The JSE Combined Index declined by 5,769.81 points or 1.47 per cent to close at 385,841.94. The JSE Main Market Index declined by 6,331.19...

Published:Sunday | December 6, 2020 | 12:14 AM

Prominent artificial intelligence scholar Timnit Gebru helped improve Google’s public image as a company that elevates Black computer scientists and questions harmful uses of artificial intelligence or AI technology. But internally, Gebru, a leader...

Published:Sunday | December 6, 2020 | 12:13 AMNeville Graham - Business Reporter

Jamaican businesses, large and small, need to get familiar with the acronym BEC. Business email compromise is a growing cyber menace under which attacks were growing 200 per cent up to two years ago, with 2020 levels set to surpass that, according...

Published:Sunday | December 6, 2020 | 12:12 AMKarena Bennett - Business Reporter

With scarce opportunities for work in the pandemic, a freelance platform created by National Commercial Bank, NCB, is generating interest in and outside Jamaica. The NCB Gig Network, which doubles as a job bank for short-term jobs with the banking...

Published:Sunday | December 6, 2020 | 12:12 AM

QUESTION: I am 31 years old with a current monthly salary of $600,000 from two sources. My monthly expenses generally do not exceed $150,000. I also believe myself to be moderately knowledgeable on financial management. I already have an emergency...

Published:Sunday | December 6, 2020 | 12:11 AM

QUESTION: Twenty-twenty has not been a good year for my business mainly because of the pandemic and fallout from tourism and other industries we used to earn from. I need your advice about how to increase sales for 2021. I have been following you...

Published:Sunday | December 6, 2020 | 12:09 AM

Luxury coach operator Knutsford Express Services Limited will puts its Drax Hall terminal into operation by next summer and plans to open second courier hub before year end, says CEO Oliver Townsend CEO. The company, which operates a cross-country...

Published:Sunday | December 6, 2020 | 12:06 AM

How can claimants find out if insurance service providers are properly trained and have the know-how to perform their job functions effectively? Some persons assume that because the provider is employed by an insurer or broker, he has the required...

Published:Friday | December 4, 2020 | 12:23 AM

Businessman Keith Duncan has been re-elected president of the Private Sector Organisation of Jamaica (PSOJ) to serve for a second term. Duncan, the chief executive officer of the JMMB Group, was elected unopposed on Thursday at...

Published:Friday | December 4, 2020 | 12:24 AM

Now that it’s clear Joe Biden soon will be president of the United States, the fight over automobile pollution and fuel efficiency standards is likely to peter out, and consumers should see a broader selection of electric and efficient vehicles....

Published:Friday | December 4, 2020 | 12:22 AM

Full service has been restored to JMMB’s online banking services, the group having spent around three months ironing out technical glitches on its Moneyline platform. Communication regarding the resolution of the problem came from JMMB Group CEO...

Published:Friday | December 4, 2020 | 12:22 AM

Brazil’s economy grew 7.7 per cent in the third quarter of the year from the previous three months, the national statistics institute reported on Thursday — the strongest quarterly result in a quarter century but less than expected following heavy...

Published:Friday | December 4, 2020 | 12:21 AMHuntley Medley - Senior Business Writer

Owners of rum maker Hampden Estates, the Husseys of Everglade Farms, are contemplating a ramping up of Hampden’s manufacturing capacity and spirits output, with the possible resuscitation of their shuttered sugar factory at Long Pond in Trelawny on...

Published:Friday | December 4, 2020 | 12:19 AM

As the COVID-19 pandemic rages, governments in advanced economies have opened their coffers to support households and small businesses, spending on the order of 15-20 per cent of GDP in many cases. Cumulative debt levels now exceed GDP in many...

Published:Friday | December 4, 2020 | 12:16 AM

Business process outsourcing company itelBPO expects to grow its staff by nearly one-third to 4,500 workers in 2021. But amid the ongoing expansion, the company won’t be looking to the stock market for capital, having decided to hold off on going...

Published:Friday | December 4, 2020 | 12:15 AMKarena Bennett - Business Reporter

Christmas loan specials from microfinance institutions are still being rolled out this year, but borrowers, especially those seeking personal credit, should expect less than half of the value of specials that were trending last year. Small...

Published:Friday | December 4, 2020 | 12:15 AM

Panama is the only Spanish speaking Central American country that was not part of the Viceroyalty of New Spain, which was headquartered in Mexico City. In fact, Panama was part of the Viceroyalty of New Granada, which was headquartered in Bogota,...

Published:Friday | December 4, 2020 | 12:13 AM

Zoom’s videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build upon its recent success after a vaccine enables people to...

Published:Friday | December 4, 2020 | 12:12 AM

The email that arrived in the ancient German city of Mainz shortly before 1 a.m. marked a turning point in the global effort to deliver a reliable vaccine against the coronavirus pandemic – and for the little-known biotechnology company that helped...

Published:Friday | December 4, 2020 | 12:12 AMKarena Bennett - Business Reporter

Operators in the corrugated box-making business are back on track with plans for expansion and in a jostle to increase market share, but are doing so with the realisation that, COVID having changed the demand dynamic, they need to find new avenues...

Published:Friday | December 4, 2020 | 12:11 AM

Honey Bun baked its way to its highest-ever annual profit, setting the new record despite its uncertainty about the end result of the pandemic that has rocked the economy and pressured disposable income. The company, which specialises in single-...

Published:Thursday | December 3, 2020 | 12:16 AM

General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological support from the project....

Published:Wednesday | December 2, 2020 | 12:13 AMHuntley Medley/Senior Business Writer

The Mystic Mountain Rainforest Adventures attraction in Ocho Rios, contending with more than a COVID-19 pandemic financial fall-out, is estimated to require US$2.6 million or $380 million in additional working capital over the next two years. As...

Published:Wednesday | December 2, 2020 | 12:12 AM

Sagicor Real Estate X Fund has sold its remaining Jewel resort at a loss to a related entity, Sagicor Pooled Investment Fund Limited, which is managed by Sagicor Life Jamaica Limited The transaction, which took place on September 22, was recently...

Published:Wednesday | December 2, 2020 | 12:12 AM

The Nasdaq stock exchange is seeking authority to require more diversity in the boardrooms of Nasdaq-listed companies, or for those companies to explain why they can not. It is the first major exchange to pursue such a requirement. The proposal...

Pages

Subscribe to Business