Category: Business & Economy

Following its bargain purchase of Canadian insurer Ivari last month, Sagicor Financial Company Limited (SFC) is projecting that its net profit will jump to US$100 million which will be supported by its recently…

FORMER CEO of NCB Financial Group Patrick Hylton and his former Deputy Dennis Cohen are estimated to have walked away with between $6 billion and $7 billion in their separation package from the…

THE latest ACCA and IMA® Global Economic Conditions Survey (GECS) shows declining economic confidence for the second-consecutive quarter. Changes in economic confidence vary across the globe with a notable reduction in North America…

Microsoft on Monday hired two leading executives from the company that created ChatGPT after one of them was abruptly fired by OpenAI, the start-up whose chatbot kicked off the era of generative artificial…

The Government of Jamaica plans to install new software that closes loopholes for traffic ticket evaders. It is inviting consultants to tender solutions this month, and stakeholders met on Tuesday to discuss the…

The Bank of Jamaica, BOJ, has rolled out a public information campaign to sensitise users and financial institutions on how to recognise counterfeit polymer banknotes, nearly a year after putting the new currency…

AFTER 2.5 years of no dividend payments to shareholders, NCB Financial Group Limited (NCBFG) will pay a $0.50 per share dividend on December 18 as Chairman Michael Lee-Chin intends to ensure the steady…

SMALL and medium-sized enterprises (SMEs) are being encouraged to harness the power of AI, specifically ChatGPT , for data analytics and business improvement. Larren Peart, the CEO of Bluedot, unveiled strategies at the…

INVESTMENT experts at Sagicor Group Jamaica (SGJ) and its investment arm, Sagicor Investments Limited (SIL), are cautioning Jamaicans against being foolhardy in expecting short-term gains from recent developments which serve as positive indicators…

Priding itself as Jamaica’s premier vegan make-up brand, the three-year-old Le Champ Cosmetics Ltd (LCC) has already pressed itself into the local market with ambitions to further build out its services palate in…