Category: Business & Economy

JAMAICANS ramped up sending this holiday season, conducting just under $40 billion worth of transactions even as many were still wrestling with higher prices in some areas and other financial worries, according to…

FORMER NCB Financial Group executives Patrick Hylton and Dennis Cohen are now amongst the financial conglomerate’s largest shareholders in the aftermath of their $6-billion separation package from the company earlier this year. The…

MoneyGram’s super-agent in Jamaica, Lasco Financial Services Limited, has faced several headwinds. Higher MoneyGram commissions led to declining revenue per transaction, during Lasco’s past financial year, although remittance volumes increased by…

TROPICAL Battery Company Limited’s recent expansion into the Dominican Republic’s market has yielded record-breaking results, with a gross operating revenue of $782.8 million over the past nine months. This figure represents an 18.3…

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…

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…

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…

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…

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…

While the Ministry of Labour…