Flow recently demonstrated corporate social responsibility in action by donating free high-speed internet and smart devices to the Longville Park Community Centre in Clarendon. The communications and entertainment provider was in the community…
Category: Business & Economy
Europe reaches deal on world’s first comprehensive AI rules
LONDON: European Union (EU) negotiators clinched a deal on the world’s first comprehensive artificial intelligence (AI) rules, paving the way for legal oversight of AI technology that has promised to transform everyday life…
Scotia profit beats NCB for first time in decade
Scotia Group Jamaica (SGJ) has made $17.2 billion in annual profit, more than its larger peer, NCB Financial, which recently underwent leadership changes. It’s the first time SGJ has beaten NCB in its…
Bank jitters
JAMAICA Bankers Association (JBA) said it has commenced discussions amongst its members with the aim of finding solutions to reduce or eliminate the spate of attacks against cash couriers as the country heads…
iCreate to consider spinning off Visual Vibe
Less than seven months after acquiring Visual Vibe.com Limited, iCreate Limited is looking to potentially spin-off its remaining ownership in the subsidiary to its shareholders. The notice, which came out on the Jamaica…
PAJ’s trans-shipment volumes increasing
The Port Authority of Jamaica (PAJ) continues to benefit from an increase in regional nearshoring activities, with the handling of trans-shipment containers accounting for approximately 85 per cent of the total 20-foot equivalent…
Zoetry Montego Bay: An international brand focused on Jamaican culture
Zoetry Montego Bay (Zoetry), a luxury boutique resort and part of the Hyatt Inclusive Collection of Hotels, opened seven years ago at Rose Hall in St James. And despite being a foreign-owned hotel,…
Scotia Group Jamaica achieves historic earnings
SCOTIA Group Jamaica Limited (SGJ) was able to deliver its highest net profit to date of $17.23 billion (CA$151.50 million) as all its business lines grew, with it bringing in over $40.84 billion…
Holiday crowds expected to be even bigger than last year
More Americans are expected to fly or drive far from home over Christmas than did last year, putting a cap on a busy year for travel. Auto club AAA forecast Monday that 115.2…
Mayberry Jamaican equities touting value on market projections
Predicting a possible lowering of interest rates come 2024 and an uptick in the stock market, fund manager at Mayberry Jamaican Equities (MJE), Gary Peart, is touting MJE stock as “the only Jamaican…