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Category: Business & Economy

Business & Economy

European Union investigating X over possible breaches of social media law

infojamaica
December 19, 2023

The European Union on Monday made Elon Musk’s online platform X the first tech company to face an investigation under Europe’s tough new regulations designed to clean up social media and protect people…

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Business & Economy

Reorganisation complete

infojamaica
December 17, 2023

Securities dealer Mayberry Group (MGL), which recently finalised its reorganisation plans, also revealed that it holds $240 billion in funds under management (FUM) or more than tenfold higher than earlier stated levels, as…

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Business & Economy

Island Grill to open store at New Brunswick Village today

infojamaica
December 17, 2023

Following a six-month delay, Island Grill Limited is set to open its 19th store in Spanish Town today. Island Grill New Brunswick Village was originally slated to open in June 2023, but sewage…

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Business & Economy

VM Building Society reopens full ABM network

infojamaica
December 17, 2023

THE VM Building Society (VMBS) on Friday reopened its network of automated banking machines (ABMs) for public use, after last month announcing a temporary closure of the banking kiosks. “We’re pleased to have…

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Business & Economy

Hotels hit pause on day passes

infojamaica
December 17, 2023

AS families gear up for festive getaways during Christmas and new year, a surprising twist awaits those relying on day passes for hotel experiences. Many hotels are putting a temporary halt on the…

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Business & Economy

From Trinidad to Jamaica

infojamaica
December 17, 2023

IT has been a year since Michelle Sohan and her partner, Justin Marchack, established their business Treatz Bakehouse and Café (Treatz) at The Annex in Fairview, Montego Bay. The Trinidadian couple’s move to…

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Business & Economy

MPC Caribbean reorganisation pushed back to 2024

infojamaica
December 17, 2023

Shareholders will have to wait an extra quarter for the reorganisation of MPC Caribbean Clean Energy Limited (MPCCEL) to be completed due to the complexity of the restructuring. Shareholders voted at the company’s…

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Business & Economy

High-stakes meeting to discuss US$4b hotel investments

infojamaica
December 15, 2023

Experts will meet with state technocrats today to discuss the implications of raising the island’s hotel room count to 50,000 rooms in five years. The island will benefit from some US$4 billion in…

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Business & Economy

CyberEYE enters Jamaican market

infojamaica
December 15, 2023

The entrance of Caribbean company CyberEYE into the local market is seeking to add another layer of security and protection in Jamaica’s fight against rising cyber incidents. This was disclosed at the recent…

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Business & Economy

‘We are open for business’

infojamaica
December 15, 2023

THE United States International Development Finance Corporation (DFC) said it is ‘open for business’ in the Caribbean and will open an office in the region to mobilise capital to the private sector while…

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