JMMB Group Limited, JMMBGL, will be executing two more commercial real estate projects in Kingston, including a new a 10-storey mixed-use building at Haughton Avenue, plus other developments in urban centres outside the…
Category: Business & Economy
Three researchers nab Nobel economics prize for explaining ‘creative destruction’
Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they…
T&T finance minister says CAL spent millions of dollars on audits without submitting a ‘single audited statement’
PORT OF SPAIN, Trinidad, CMC – Trinidad’s Finance Minister Davendranath Tancoo on Monday said that the state-owned Caribbean Airlines (CAL) had spent more than TT$60 million on audits, but had failed to submit…
Oran Hall | Little things that make a financial difference
Have you ever noticed how a little money earned here or spent there amounts to much over time? Choosing to save by curtailing spending or earning more is key to a strong financial…
Planning expert urges government to reclaim Kingston waterfront
Urbanist Brent Toderian has issued a call to the Jamaican government to reclaim Kingston’s waterfront and transform it into a vibrant, people-centred public space. Delivering the 25th annual Maurice Facey Lecture at the…
Lasco Manufacturing shelling out $1b to improve efficiency
Lasco Manufacturing Limited, LASM, will invest $1.1 billion by the end of 2026 to improve the efficiency of its operations. This investment is in addition to the $425 million spent on improvements in…
Hunt on for consultant to fix underperforming Tourism Linkages Network
The Ministry of Tourism plans to undertake a review of the Tourism Linkages Network, following revelations that the programme has not delivered on its core economic objectives. “The programme’s actual contribution to national…
IMF chief warns of economic uncertainty, tells the world to ‘buckle up’
The global economy is holding up better than expected despite major shocks, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina Georgieva said…
Lasco Financial lands government contract for SME financing
Lasco Financial Services Limited, LFSL, says it has clinched a government contract to provide financing routes for small and medium-sized enterprises under a public-private partnership arrangement. “We will be working with them (Jamaican…
Investment sector profits rise sixfold in June quarter
Higher income and trading gains led the securities sector to post a sixfold rise in profit during the June 2025 quarter, according to regulator Financial Services Commission. Licensed securities dealers collectively generated $6.51…