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…
Category: Business & Economy
Reorganisation complete
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…
Island Grill to open store at New Brunswick Village today
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…
VM Building Society reopens full ABM network
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…
Hotels hit pause on day passes
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…
From Trinidad to Jamaica
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…
MPC Caribbean reorganisation pushed back to 2024
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…
High-stakes meeting to discuss US$4b hotel investments
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…
CyberEYE enters Jamaican market
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…
‘We are open for business’
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…
