Business

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER Consumers stand to lose much when they do not know their rights or when they know them but do not exercise them. There are many laws, regulations, policies, and institutions expressly for protection of...

ADVISORY COLUMN: PRODUCTIVITY Have you ever been part of a project or organisation in which a colleague is giving only a minimal effort? This behaviour, which some call ‘mailing it in’, may be killing your team’s success. For several years in the...

Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late 2000s, but nothing prepared him for the revenue tailspin that followed lockdowns and travel restrictions in March to stop...

Connected parties sold over $1.4 billion worth of shares in NCB Financial Group, in one of the largest stock market trades this year. Between June 17 and 18, some 10.34 million units of NCBFG shares were traded in block transactions. The stock...

Jamaica Stock Exchange and sixteen listed companies Jamaica Stock Exchange were on Wednesday given approval by the Supreme Court to hold their annual general meetings by full or partial electronic means. The representative action led by the JSE,...

The United States economy shrank at a five per cent rate in the first quarter with a much worse decline expected in the current three-month economic period, which will show what happened when the pandemic began spread across the US. The Commerce...

Investment promotion agency Jampro on Wednesday pitched seven limestone packages to local and investors geared at exploiting around 50 billion tonnes of reserves laying idle across Jamaica. It is an initial step towards commercialising some 150...

Tea maker Jamaican Teas Limited is expecting a strong end to financial year 2020, a forecast that rests on improved sales at half-year and the take-up of units in its latest real estate development. The company’s outlet remains positive despite the...

Money transfers to Jamaica have fallen by $1.3 billion over four months to April, the first such decline in years. The data aligns with predictions by experts that the remittance sector will experience a pull-back due to COVID-19. Jamaicans use...

The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company’s balance sheet in an accounting scandal that centres on a missing sum of €1.9 billion (US$2.1 billion), prosecutors in Munich said...

Chukka Caribbean Adventures will add Caymanas Park Racing Track Tours to its line-up. The new sporting option follows on an agreement signed between Chukka Caribbean and Supreme Ventures Limited last Thursday that will see Chukka offering one-day...