Winston Simpson, chief executive of the Rural Agricultural Development Authority, RADA, says falling water levels in Panama, which affect the ability of larger vessels to pass through the canal, will likely impact Jamaica…
Category: Business & Economy
New York Times sues OpenAI, Microsoft over the use of its stories to train chatbots
The New York Times has filed a federal lawsuit against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots, saying that copyright infringements at the paper alone…
Gas prices up $2.06, diesel up $0.95
Motorists will pay more for fuel when they go to the pumps on Thursday. E-10 87 is to move up by $2.06 to sell for $168.45 per litre and a litre of E-10…
AMG Packaging looks to further expansion projects
Box maker AMG Packaging and Paper Company is pursuing another round of expansion just a year into the commissioning of its new factory on Retirement Crescent in the Corporate Area. The company was…
Destocking hangover pressures profit forecast for some local companies
MORE local companies are sounding the alarm about their struggles with adjusting inventory levels in the post-pandemic period. A year ago, the hot topic among local manufacturers and distributors was around severe supply…
New regulations coming for digital asset traders, providers
The Financial Services Commission, FSC, is currently conducting a risk assessment on virtual assets service providers, or VASPs, which deal in digital currencies or cryptocurrencies and tokens. And new regulations are coming to…
95 per cent satisfied
DESPITE numerous complaints on social media from consumers about the availability of working automated banking machines (ABMs) and point-of-sale (POS) machines, J.E.T.S. Limited, operator of the MultiLink system, said the vast majority of…
Carbyne Capital plots growth path for 2024
Fresh from announcing the roll-out of a new platform in January to proliferate its factor financing services, Carbyne Capital Investments Limited is plotting its expansion both in footprint and in service offerings in…
Flow, Digicel talk compliance with new data protection law
Communication companies Digicel and Flow are amongst the first set of private companies to come out with messages on data privacy, amid the implementation of the Data Protection Act (DPA) on December 1….