Sun | Jul 5, 2026

Business

Published:Sunday | June 7, 2020 | 12:25 AM

For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation. The S...

Published:Sunday | June 7, 2020 | 12:25 AMKarena Bennett - Business Reporter

Efforts to cobble a deal with a local buyer for about 600,000 pounds of coffee, a build-up of beans for which members of the Jamaica Coffee Exporters Association, JCEA, otherwise has no takers, have made little progress. Now with a fresh crop of...

Published:Sunday | June 7, 2020 | 12:24 AM

Supreme Ventures Limited, (SVL), has ended its partnership and taken over gaming equipment in Jamaica, Trinidad, and Guyana from ICE Jamaica. The acquisition price for the gaming equipment was not disclosed. SVL had a revenue-sharing arrangement...

Published:Sunday | June 7, 2020 | 12:24 AM

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: My mother and I are researching how we can go about getting a will executed for her in Jamaica. Would you be able to assist with this? Any information would be greatly appreciated. – Ian...

Published:Sunday | June 7, 2020 | 12:24 AM

ADVISORY COLUMN: SMALL BUSINESS QUESTION: Thanks for the information you have been sharing about managing COVID-19 as a small business. I must admit that this whole crisis caught me off guard. In the early part of April, I thought I could weather...

Published:Sunday | June 7, 2020 | 12:22 AM

Maybe you have been working through credit-card debt for a while now. Or maybe you racked it up recently as you prepared for the coronavirus lockdown. Regardless of how and when you got into debt, ridding yourself of this financial burden can free...

Published:Sunday | June 7, 2020 | 12:19 AM

The Bank of Jamaica (BOJ)is projecting that the Jamaican economy could grow by as much as 5.5 per cent in fiscal 2022 after a year of five per cent contraction. It is a growth rate not seen by the country in recent history, but the central bank...

Published:Friday | June 5, 2020 | 4:57 PM

The Jamaica Stock Exchange (JSE) Combined Index declined on Friday with an advance/decline ratio of 36/20. The index moved by 75.19 points or 0.02 per cent to close at 377,825.58. The JSE Main Market Index declined by 15.45 points or 0.00 per cent...

Published:Friday | June 5, 2020 | 12:22 AM

THE EUROPEAN Central Bank, ECB, has boosted its pandemic emergency support programme by an unexpectedly large €600 billion to €1.35 trillion (US$1.5 trillion), adding to a range of efforts in Europe and around the world to help the economy weather...

Published:Friday | June 5, 2020 | 12:20 AM

AS GOVERNOR of the Bank of Jamaica, BOJ, Brian Wynter regulated the banking activities of NCB Financial Group Limited, which operates Jamaica’s largest commercial bank whose assets top $1.6 trillion. Now, as a private citizen, he will be advising...

Published:Friday | June 5, 2020 | 12:17 AM

A year after launching into business, Olympian Nesta Carter and partner David Edwards Brennan are looking to set up a second centre offering dialysis services, possibly in Ocho Rios. The first centre, operated by their company, First World Dialysis...

Published:Friday | June 5, 2020 | 12:16 AM

Populism is an appeal to the lowest common denominator. It is not an ideology or a set of values or even a form of thinking. It is a mechanism to extract political support from the masses. In an era of mass communication, with channels such as...

Published:Friday | June 5, 2020 | 12:15 AM

The Bank of Jamaica, BOJ, is projecting that the coronavirus, or COVID-19, will be contained by the end of June, giving countries around the world an opening to resume economic activity. In its assessment of the epidemiological curve, the BOJ said...

Published:Friday | June 5, 2020 | 12:15 AM

Mexican migrants sent US$2.86 billion home to relatives living in Mexico in April, a drop of 2.6 per cent from the same month last year but still an amazing performance compared to other countries suffering the economic effects of the coronavirus...

Published:Friday | June 5, 2020 | 12:14 AM

SMOKERS SO far have maintained their cigarette habits, giving resilience to Carreras Limited earnings at the apex of the local coronavirus crisis. Announcing that its earnings appear largely COVID-19-resistant, Carreras reported a billion-dollar...

Published:Friday | June 5, 2020 | 12:11 AM

IN TROUBLED times, people have been known to hoard currency at home — a financial security blanket against deep uncertainty. But in this crisis, things are different. This time cash itself, passed from hand to hand across neighbourhoods, cities...

Published:Thursday | June 4, 2020 | 4:44 PM

The Jamaica Stock Exchange (JSE) Combined Index advanced on Thursday with an advance/decline ratio of 33/36. The index moved up by 295.96 points or 0.08 per cent to close at 377,900.77. The JSE Main Market Index advanced by 727.80 points or 0.19...

Published:Thursday | June 4, 2020 | 12:19 AM

The US Congressional Budget Office said that the United States economy could be US$15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus. The CBO, which...

Published:Wednesday | June 3, 2020 | 4:56 PM

The Jamaica Stock Exchange (JSE) Combined Index advanced on Wednesday with an advance/decline ratio of 32/34. The index advanced by 325.63 points or 0.09 per cent to close at 377,604.81. The JSE Main Market Index advanced by 436.71 points or 0.12...

Published:Wednesday | June 3, 2020 | 12:16 AM

South American countries on Monday began easing COVID-19 restrictions even as the region hurtles towards its viral peak. Some of Brazil’s hardest hit cities, including the jungle metropolis Manaus and coastal Rio de Janeiro, are starting to allow...

Published:Wednesday | June 3, 2020 | 12:15 AMKarena Bennett/Business Reporter

Big poultry companies Jamaica Broilers Group and Caribbean Broilers say they are likely to still be holding record-high inventory of chickens for the next six months. That might have been good news in normal times for a country that favours poultry...

Published:Wednesday | June 3, 2020 | 12:13 AM

Caribbean Cement Company Limited, CCCL, expects its annual sales to drop by up to 20 per cent due to COVID-19. The projected fall in sales comes with the economic slowdown and health measures to stem the spread of the coronavirus. “The forecast we...

Published:Wednesday | June 3, 2020 | 12:10 AM

Digicel announces joint venture with Iliad Digicel Group has struck a deal with Iliad SA, which gives the French operator access to its Radio Access Network in the French West Indies, and allows it to launch mobile services, the telecoms...

Published:Wednesday | June 3, 2020 | 12:09 AM

Several major airlines are taking bookings for flights that will start departing this month, and these initial flights are about one-third filled. American Airlines, JetBlue and Air Canada plan to restart service in June, but others such as...

Published:Wednesday | June 3, 2020 | 12:05 AM

Caribbean Islands have rarely been so vulnerable as an unusually active hurricane season threatens a region still recovering from recent storms as it fights a worsening drought and a pandemic that has drained budgets and muddled preparations. “It...

Pages

Subscribe to Business