What is the difference between responsibility, authority and accountability? Does it matter to most Jamaican companies? One of the challenges that faces your organisation is simple: how do people relate to each other to achieve goals that its...
Equity-linked life insurance policies have an insurance element and an investment element. The policyholder pays one premium, a portion of which pays for life coverage and a portion of which is invested in a segregated fund. The latter is a...
QUESTION: Is insurance available to protect entities, private or government-owned, against environmental liability risks? For example, where the operations of a company contaminated the air, ground, or a river, and members of the public suffered...
Portland has distinguished itself in the attractions market with an underwater sculpture park, a venture driven more by sustainable principles and art appreciation than profit. What started as an idea to relieve the strain placed on the natural...
Real estate developer Proven REIT is pouring US$11 million into another luxury development at Millsborough in Kingston to be called The Cesar. Its target market is wealthy individuals who are expected to spend US$350,000 on a two-bedroom...
The price of property in St Thomas is already trending up, and realtors expect the trajectory to be maintained as major improvements to roads and other developments get under way in the parish that for years has held the title of being ‘forgotten...
The major online marijuana shop directory and cannabis marketplace Weedmaps announced Wednesday that it will no longer allow black-market businesses to advertise on its site, a decision that could boost California’s efforts to rein in its vast...
The United States federal budget deficit is expected to balloon to more than US$1 trillion in the next fiscal year under the first projections, taking into account the big budget deal that President Donald Trump and Congress reached this summer,...
The European Central Bank (ECB) is weighing a broad package of stimulus measures, including an interest rate cut and new bond purchases to counter worries that economic growth is slowing more than expected amid US-China trade tensions. The written...
Citibank NA has long transformed its global operations into a lean, mean machine and its Jamaica business, headed for the past two year by career banker Eva Lewis, is not venturing outside the worldwide business model. Still, the American bank,...
The Urban Development Corporation (UDC) the Government agency that owns Dunn’s River Falls and Park Attraction, has sought to disassociate the tourist attraction from a US-based cannabidiol data-gathering company, HQ Global, which claims it will be...
Minister of Finance and the Public Service Dr Nigel Clarke says that in the event that there is a significant downturn in the global economy that has a large enough effect on Jamaica, the fiscal responsibility laws will provide room for a policy...
Foreboding skies and driving rain bolster the sullen mood in Buenos Aires. The long weekend was full of recriminations, interviews and Monday-morning quarterbacking. Economy Minister Nicolás Dujovne tendered his resignation, and he was replaced by...
When Caribbean Producers Jamaica’s new technology platform collapsed at it’s commissioning, it not only disrupted customer orders, but created a spiral that derailed the company’s earnings and put at risk its undertakings to creditors who...
The United States job market isn’t quite as strong as originally believed – with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The US Labor Department said Wednesday that nearly two-...
Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, has a new managing director, Luis Prata, who was appointed Monday, August 19 as replacement for Ricardo Nuncio...
Coffee processor Salada Foods Jamaica Limited has lined up a new specialty product for distribution in the United States as one measure to grow export earnings that currently contribute less than a fifth of revenue. The company also continues to...
Seprod’s grain joint venture has opened up export markets in four regional countries in the near two years that it has been in operation. And while Seprod CEO Richard Pandohie was not specific on the details, he said the payback on the more than $...
The pace at which remittances have been flowing to Jamaica continues to slow, a trend the Bank of Jamaica (BOJ) says is linked, in part, to the tightening of Know Your Customer rules, which are affecting remittance companies that are required to...
China said on Wednesday that it will levy sanctions against United States companies linked to a planned US$8 billion sale of advanced F-16V fighter jets to Taiwan in a move that has further strained Sino-American relations. The United States should...
Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market. The selling pulled every major sector lower, snapping a three-day winning streak for the S...
More than five years after four persons filed a lawsuit against the National Solid Waste Management Authority, NSWMA, seeking damages arising from a 2012 fire at the Riverton City dump in Kingston that they said affected their health, the matter...
Celebration Brands Limited, which is jointly operated by Red Stripe Jamaica and partner Pepsi-Cola Jamaica, opened a new warehouse on Spanish Town Road in Kingston on Tuesday that it has branded as Logic One. The moniker, as described by...
Port Royal has secured a second cruise ship to call at the port, but not until 2022. Crystal Cruises, an American cruise line based in Los Angeles, California, has listed the Port Royal cruise port as one of 219 destinations it will explore in 83...
Higher operating expenses pushed food distributor Everything Fresh Limited into the red in the June quarter, as the importer and distributor integrated the recently acquired Meat Experts into its operation. Everything Fresh revenue improved by...
