Government should share some blame for a shortage of top-tier building contractors because it pays them late, the island’s main builders’ group said. Richard Mullings, president of The Incorporated Masterbuilders Association of Jamaica,…
Category: Info Jamaica
New distributor for Stihl tools
FT Farfan, a subsidiary of regional distribution group AS Bryden, assumed exclusive distribution of Stihl equipment in Jamaica on October 1, betting that its dealer-focused business model and more than five decades of…
Turkey’s ruling party deputy chair resigns after US$27m trading allegations
Turkey’s ruling party accepted the resignation of a deputy chair on Sunday after she was accused of selling shares worth tens of millions of dollars shortly before a stock market crisis. Turkish stocks…
Shares jump as Scotiabank adds over $11b to buyout offer
Canada-owned Scotiabank raised its offer to buy out the minority shareholders of Scotia Group Jamaica (SGJ) to $75 a share from $61.50, days before they vote. At $75, the offer values the roughly…
Barita upgraded by rating agency
Barita Investments Ltd has been upgraded one notch by regional ratings agency CariCRIS, lifting the brokerage into the top creditworthiness band available to Jamaican obligors and putting it a step above its own…
Flock surveillance cameras become midterm campaign target as voters balk at tech companies’ power
Wisconsin’s candidates for governor want to limit them while Pennsylvania’s say they support a ban. A Michigan congressional candidate called them “un-American.” A Florida Senate candidate is selling merch opposing them.
US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran
The Trump administration announced Friday that it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against…
BPO Transition: Balancing Investor Realities with Economic Necessity
In May 2024, I issued a stark warning in this column: Jamaica was standing directly in the pathway of a technology-driven economic tremor. I cautioned that our heavy national reliance on outsourced North…
Pabst Blue Ribbon offers $20,000 reward to help find its missing beer
Pabst Blue Ribbon wants its beer back, and it is offering a reward to help that happen. Greig DeBow, the CEO of Pabst Brewing Co, said Wednesday that the company would pay up…
Influencer pleads guilty to criminal impersonation for viral pranks at Arizona businesses
A social media influencer known for posting viral videos of pranks has pleaded guilty to criminal impersonation in Arizona, USA, for posing as an employee of businesses in a Phoenix suburb and orchestrating…