Category: Business & Economy

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn’t, in reality, the next…

Kemtek Development and Construction Limited is now marketing a new residential complex in Portmore called Oak Estate that’s priced at mid-tier buyers. The project is being executed in four phases, the first of…

The rumble in the spirits market over the composition and redefinition of Jamaican rum is in part driven by a French company that co-owns National Rums of Jamaica Limited, NRJ, industry sources in…

EXORBITANT interest rates on credit cards have been cited as the main reason people won’t get one. Despite the widespread use of credit cards globally, many Jamaican consumers remain cautious about embracing this…

AT least two nightclubs in the country’s tourism mecca say their Gen Z customers (people born between 1996 and 2010) are consuming less alcohol when they go out compared to the volumes millenials…

The Jamaica Stock Exchange (JSE) Combined Index again lost ground on Friday. The moderate trading ended with an advance/decline ratio of 59/35. The JSE Combined Index declined by 7,270.85 points or 2.18 per…

Food manufacturing and distribution company Seprod on Wednesday received shareholder approval to increase the company’s authorised shares, but is still silent on when the new capital will be deployed and for what purpose….

Portland Private Equity LP, an investment firm controlled by Michael Lee-Chin, is promising to target women for financing through the new equity fund it’s in the process of seeding. Portland Caribbean Fund III,…

Staff at the NCB Financial Group subsidiaries, especially NCB Jamaica and NCB Capital Markets, are on edge in the wake of major changes made to the senior management of the companies in a…

Sagicor Financial Company Limited (SFC) has received all regulatory approvals to acquire Canadian life insurance company Ivari and expects to complete the transaction by October 3, subsequent to the end of its third…