Jamaica Bauxite Mining Limited, JBM, is moving ahead with two of its commercial projects that have been in the works for a while, with a search for joint venture financing partners now under…
Category: Business & Economy
Amber Connect launches in Mideast via Dubai
Technology company Amber Connect has set up shop in Dubai in the United Arab Emirates. The office, with an initial staff of 10 and an investment of US$500,000, will act as regional headquarters…
Jetcon segues into new car sales
Bracing for a year of record losses, Jetcon Corporation Limited, a long-standing used car dealer, is adjusting its business model to focus on the sale of new vehicles, for now. The inclusion of…
BOJ: Inflation expected to rise again
The Bank of Jamaica is projecting that inflation is likely to rise again, and data related to the recent rains could further dampen its outlook. Inflation is currently back within the target range,…
NCB talks synergy, plots regional expansion
With there now being a new direction and path going forward, NCB Financial Group Limited (NCBFG) will be aspiring to further extract synergies among its subsidiaries as it looks to continue its regional…
28 years of passion
Passion is the driving force that has kept Pat Smith-Bravo committed to the same organisation for 28 years. Currently holding the pivotal role of stores operations manager for the Progressive Grocers of Jamaica…
OpenAI brings back Sam Altman as CEO
The ousted leader of ChatGPT maker OpenAI is returning to the company that fired him just days ago, culminating a short but chaotic power struggle that shocked the tech industry and underscored the…
NCB lumps $12 billion as one-off costs led by separation
Jamaica’s largest financial conglomerate, NCB Financial, booked roughly $12 billion in costs related to separations, redundancies and other one-off costs in the financial year, but stopped short of formally disclosing the payouts to…
Gas prices down $3.06, diesel down $1.58
Motorists will pay less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $3.06 to sell for…
Flow volunteers empower students with SBA workshop support during Mission Week
Over 300 students from various schools across Jamaica have received crucial support with their School Based Assessments (SBA) as part of Flow’s annual Mission Week activities. The workshops, organized under Mission Week’s ‘Learning’…