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…
Category: Business & Economy
Flow, Digicel talk compliance with new data protection law
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….
From generation to generation: Secrets to sustaining family wealth
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…
Charity registration for all
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…
JMMB to introduce new banking fees
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…
Savvy in the short term
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…
From victim to victor
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…
Indies Pharma hits billion-dollar milestone
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…
Digicel to slash emissions to nil
Telecommunications provider Digicel Group plans to become carbon-neutral by 2050, which means that it will implement projects geared at slashing its impact on the climate to nil — starting now. The globe experienced…
Second-Hand Blues
MORE consumers are shifting away from purchasing used vehicles amidst rising interest rates on motor vehicle loans. Motor vehicle sales fell drastically in the heights of the pandemic before showing some level of…