Category: Business & Economy

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…

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…

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…

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…

Deputy Governor of the Bank of Jamaica (BOJ), Wayne Robinson, says legislation for the new ‘twin peaks’ model of the financial system regulation is not expected to land in Parliament before 2025. The…

BUYING House Limited, the St James-based distributor of cement, said the recent expansion of production by its parent company Domicem SA will put it in a better position to meet demand in the…

GRAND Palladium Jamaica Resort & Spa, along with its counterpart, Grand Palladium Lady Hamilton Resort & Spa Hotel, have experienced a remarkable 15 per cent increase in revenues for its local market after…

Flow recently demonstrated corporate social responsibility in action by donating free high-speed internet and smart devices to the Longville Park Community Centre in Clarendon. The communications and entertainment provider was in the community…

LONDON: European Union (EU) negotiators clinched a deal on the world’s first comprehensive artificial intelligence (AI) rules, paving the way for legal oversight of AI technology that has promised to transform everyday life…

Scotia Group Jamaica (SGJ) has made $17.2 billion in annual profit, more than its larger peer, NCB Financial, which recently underwent leadership changes. It’s the first time SGJ has beaten NCB in its…