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Category: Business & Economy

Business & Economy

Gas prices up $0.25, diesel down $0.90

infojamaica
October 25, 2023

Motorists will pay $0.25 more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $183.02 per litre while a litre of E-10…

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Business & Economy

Crime slicing and dicing confidence

infojamaica
October 25, 2023

Consumer and business confidence indices inched up marginally in the third quarter of 2023 but crime continues to weigh on the growth of the indices. Consumer and business confidence hit 161.1 points and…

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Business & Economy

Jamaica raising new debt on global markets, to pay down bonds worth US$1.7b

infojamaica
October 25, 2023

The Government of Jamaica, GOJ, armed with two credit rating upgrades, will be raising new debt on the international market to pay down US$1.76 billion in existing global bonds. It forms part of…

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Business & Economy

Crime-wary Jamaica sees confidence drops

infojamaica
October 25, 2023

CONFIDENCE in the economic prospects of the country remained stable amongst business leaders and consumers, but a majority cite crime as a red flag for the nation’s economic outlook. The findings were released…

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Business & Economy

Lumber Depot hunts acquisitions

infojamaica
October 25, 2023

Hardware company Lumber Depot said it is on the lookout for new acquisitions as it positions itself to grow and increase shareholder value. Speaking at the company’s annual general meeting last Friday, Managing…

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Business & Economy

Banks upping security measures to protect customers

infojamaica
October 25, 2023

Amidst the rise in social engineering and other cyber threats, several commercial banks have implemented new procedures and tools to limit the risk posed to customers in the rapidly evolving digital age. The…

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Business & Economy

Flow Foundation empowers Central High’s Tech Day with safe internet use

infojamaica
October 24, 2023

Flow Foundation joined Central High for its informative and exciting Tech Day to champion safer internet use. Under the theme ‘Being Safe While Using the Internet,’ the foundation engaged more than 300 students…

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Business & Economy

Chevron buys Hess for US$53b

infojamaica
October 24, 2023

Chevron is buying Hess Corp for US$53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Crude prices…

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Business & Economy

Tourism survey to test pass-through paradox

infojamaica
October 22, 2023

The government plans to oversee a tourism survey to test whether regular Jamaicans are benefiting from the growth in the trade, traditionally seen as a tower of exclusion and wealth. “We want to…

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Business & Economy

Wray & Nephew Pension Fund to redevelop old rum headquarters

infojamaica
October 22, 2023

The edifice that once housed premium rum maker J. Wray…

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