Mystic Mountain receiver Wilfred Baghaloo says that he expects the Committee of Inspectors monitoring the bankrupt company on behalf of creditors to choose a new trustee in short order. Debbie-Ann Gordon tendered her…
Category: Business & Economy
Stocks Round Up | Knutsford Express, Proven the biggest winners today
The Jamaica Stock Exchange (JSE) Combined Index marginally advanced on Tuesday. The hectic trading, ended with an advance/decline ratio of 35/58. The JSE Combined Index advanced by 53.41 points or 0.02 per cent,…
A sticky problem as yam market grows
Rural folks are earning $2 billion annually from supplying young trees used as yam sticks, but it comes at a cost, says President of the Jamaica Agricultural Association Lenworth Fulton. “Jamaica could be…
Tewani nearing completion of $1b G-Tech building
Real estate developer Gordhandas ‘Gordon’ Tewani says a third building under construction at the G-Tech Park in Portmore is now costing him more to build. The investment has spiked to $1 billion, reflecting…
Cashing out
JAMAICANS are rapidly shifting to digital channels to do transactions, shunning traditional approaches which are witnessing a significant decline in usage and popularity, according to data from the Bank of Jamaica (BOJ). The…
Flipping the budget script
INDIVIDUALS starting out in their personal finance journey often start with a budget, seeking established budgeting rules and guidelines as their compass. Yet, while such rules can provide a helpful framework, financial educators…
Still optimistic
THE legal dispute between Opposition Member of Parliament Fitz Jackson and the Bank of Nova Scotia Jamaica Limited regarding the imposition of encashment fees continues following the failure of a mediation process earlier…
IDB, PSOJ collaborate on EmpowerJA
The Private Sector Organisation of Jamaica (PSOJ) and the Inter-American Development Bank (IDB) have launched the EmpowerJA initiative that seeks to fast-track the economic and social development of the country’s micro, small and…
Regional drive
ICR Holdings, the entity which recently acquired Island Car Rentals and Jamaica Rental Company in a $2.7-billion deal, is set to steer a new chapter in its history, navigating into regional markets. The…
New tech institute launched to upskill small businesses in the region
The newly-launched Caribbean Digital Transformation Institute (CDTI) piloted by the Caribbean Export Development Agency (Caribbean Export) is to equip Caribbean small businesses with improved digital capabilities as they leverage the use of modern…