Category: Business & Economy

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…

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…

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…

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….

IN the late 19th century, John D Rockefeller established himself as a titan of industry, founding Standard Oil and amassing a fortune that made him the world’s first billionaire. But more impressive than…

Recent moves to tighten the oversight of Jamaican charities have not been enough to satisfy money laundering watchdog Financial Action Task Force, FATF, which wants a more comprehensive approach to ensure that they…

Snipping away at costs while seeking to improve margins, JMMB Bank is cutting back on paper and will also be hiking fees early in the coming year. Starting February 1, JMMB will charge…

EVERY investor’s journey is different. Occasionally an investor may receive a financial windfall, be it an investment maturity, proceeds from a tender or sale of property, or an unexpected inheritance. When an investor…

Dear Claudienne, On June 29, 2023, my account at the Ocho Rios branch of National Commercial Bank (NCB) was compromised. I went to a supermarket on June 29, 2023, to purchase some items…

Pharmaceutical company Indies Pharma Jamaica Limited says it has learnt the lessons from heavy revenue losses when it was forced to dump expired drugs. The post-pandemic write-down forced the company to rethink its…