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Category: Business & Economy

Business & Economy

Savvy in the short term

infojamaica
December 24, 2023

EVERY investor’s journey is different. Occasionally an investor may receive a financial windfall, be it an investment maturity, proceeds from a tender or sale of property, or an unexpected inheritance. When an investor…

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Business & Economy

From victim to victor

infojamaica
December 24, 2023

Dear Claudienne, On June 29, 2023, my account at the Ocho Rios branch of National Commercial Bank (NCB) was compromised. I went to a supermarket on June 29, 2023, to purchase some items…

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Business & Economy

Indies Pharma hits billion-dollar milestone

infojamaica
December 22, 2023

Pharmaceutical company Indies Pharma Jamaica Limited says it has learnt the lessons from heavy revenue losses when it was forced to dump expired drugs. The post-pandemic write-down forced the company to rethink its…

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Business & Economy

Digicel to slash emissions to nil

infojamaica
December 22, 2023

Telecommunications provider Digicel Group plans to become carbon-neutral by 2050, which means that it will implement projects geared at slashing its impact on the climate to nil — starting now. The globe experienced…

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Business & Economy

Second-Hand Blues

infojamaica
December 22, 2023

MORE consumers are shifting away from purchasing used vehicles amidst rising interest rates on motor vehicle loans. Motor vehicle sales fell drastically in the heights of the pandemic before showing some level of…

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Business & Economy

JSSE extends time frame for telethon giving

infojamaica
December 22, 2023

Still millions away from the $40-million target, the Jamaica Social Stock Exchange (JSSE) has extended the time for giving in its annual telethon. This year’s fund-raising efforts, which is to add another $7…

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Business & Economy

Amber targets China

infojamaica
December 22, 2023

THE Amber Group has set its sight on the Chinese market with plans to enter the world’s second-largest economy in early 2024 with its Amber Connect vehicle tracking and fleet management solutions. Dushyant…

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Business & Economy

Sagicor Financial bags US$435-million gain on Ivari purchase

infojamaica
December 22, 2023

Sagicor Financial Company Limited (SFC) has highlighted that its preliminary estimations have it recording a US$434.73-million (J$66.98-billion) gain for its bargain purchase of Ivari on October 3. This was announced in SFC’s business…

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Business & Economy

VMBS, JMMB to hike fees effective Feb 1

infojamaica
December 22, 2023

Clients of financial institutions JMMB and Victoria Mutual Building Society (VMBS) may find themselves paying more for some bank services, including cash withdrawals, come February 1, 2024. In an advisory sent out earlier…

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Business & Economy

Guyana and Venezuela agree to refrain from using force, but fail to resolve territorial dispute

infojamaica
December 21, 2023

The leaders of Guyana and Venezuela promised in a tense meeting on December 14 that neither side would use threats or force against the other, but failed to reach agreement on how to…

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