Business

HISTORY IS like fashion: it is only a matter of time until the out-of-fashion comes back into vogue. Who would have thought a year ago, that we would have violent swings in the equity markets, double-digit unemployment, negative oil prices, a...

GENERAL ACCIDENT Insurance Company is about to enter a third regional market, for which it secured a licence this month, but the Musson-controlled outfit is keeping watch on the COVID-19 pandemic to determine when to launch operations. Six months...

The Tree of Knowledge International Corporation, TOKI, cross-listed on the US Dollar Market of the Jamaica Stock Exchange, JSE, earlier this month, becoming the first cannabis stock to list on the local market. However, the stock has not traded in...

Coca-Cola's global volume tumbled 25 per cent in April as the coronavirus pandemic gripped large swathes of the world population. Those volumes made up of bottled drinks and the syrups Coke sells to theatres, restaurants, stadiums and music venues...

Remittances sent home by migrants from low- and middle-income countries are expected to drop around 20 per cent this year amid the global economic slowdown caused by the novel coronavirus, the World Bank said Wednesday. Job losses and lost hours...

OP-ED CONTRIBUTION: COVID...

Volvo and the truck division of Daimler have agreed to set up a joint venture to develop and produce fuel cell systems for heavy vehicles, the Swedish and German companies said Tuesday. The two firms said that they will be equal partners in the new...

The financial fallout globally and in Jamaica from the current COVID-19 pandemic has again placed in the spotlight the issue of private sector tax incentives for economic reconstruction. At least two business umbrella groups – the Jamaica Chamber...

KEVIN FRITH has spent seven years marketing and distributing liquor and drinks for some of Jamaica’s largest corporations, but now wants to take a shot at real estate development. The former CEO of Bar Central has spent the past year putting...

The International Monetary Fund on Tuesday forecast the economy of Latin America and the Caribbean will contract 5.2 per cent in 2020 as activity grinds to a halt due to the spread of the new coronavirus. A recession of that magnitude would be the...

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: A friend of mine currently owns a house that was purchased using a National Housing Trust loan. She would like to sell it. Note: a number of renovations were done to it. Is it possible to sell...