Category: Business & Economy

HAMILTON, Bermuda: THE BERMUDA Tourism Authority (BTA) says the British Overseas Territory (BOTT) has recorded “a significant turning point” in visitor arrivals last year, recording a total of 714,000 as compared with 808,000…

FORMER TRUSTEE for Mystic Mountain Limited, Debbie-Ann Gordon, was granted permission on Monday to present her grounds for appeal on or before February 23, in relation to costs awarded against her in the…

Two affiliated Lasco companies will graduate to the main market on the Jamaica Stock Exchange (JSE) next month after a decade of listings. “The effective date of the graduation is Wednesday, March 27,…

Motorists will pay $1.56 more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $166.70 per litre and a litre of E-10…

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. Growing confidence in an economic recovery, particularly in…

National Commercial Bank (NCB), the largest bank in the island, said that its backlog of fraud cases under investigation was cut in half after implementing two anti-fraud measures. Also, the parent of the…

There are new regulations coming for virtual asset providers in Jamaica, which are said to be offshore. In Jamaica, the Financial Services Commission (FSC) is currently conducting a risk assessment on virtual assets…

The Planning Institute of Jamaica (PIOJ) launched its Inclusive Growth Index Framework (IGIF) which will track the island’s social and sustainability progress annually, as a means of capturing new growth areas in the…

The calling of margin loans associated with the execution of a mergers and acquisition strategy is at the heart of legal action by listed investment house VM Investments against digital media company iCreate….

VM Investments has gone to court to recover loans associated with the acquisition of billboard advertising company, Visual Vibe. At issue is a set of three loans for which the company has issued…