JN Bank Limited has sold 22 buildings-covering 267,000 square feet-for $4.55 billion to Eppley Caribbean Property Fund Limited SCC and the Caribbean Mezzanine Fund II (CMF II), as it becomes the latest financial…
Category: Business & Economy
Vintage deal
RINGTAIL International, a 50-50 joint venture company owned by Jamaica-based Select Brands and Stansfeld Scott Inc of Barbados, announced Monday that it has entered into a definitive agreement with Australia-based Accolade Wines to…
Lee-Chin triumphs in dispute with Dominican Republic
Jamaican businessman and investor Michael Lee-Chin has been awarded more than US$43 million in an investment dispute with the Dominican Republic. Lee-Chin obtained a final award from a UNCITRAL Arbitral Tribunal in the…
Care and Love: A therapeutic necessity for children with critical illnesses
According to Dr Sharon McLean-Salmon, Consultant Paediatrician and Haematologist/Oncologist, at the Bustamante Hospital for Children (BHC), paediatric patients dealing with critical illnesses benefit from incorporating play therapy and interpersonal engagement into their treatment…
Harvard’s Claudia Goldin wins Nobel economics prize for research on workplace gender gap
Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize on Monday for research that helps explain why women around the world are less likely than men to work and to…
Businesses seeing higher inflation
LAST week the Bank of Jamaica (BOJ) announced that it will hold its policy rate at 7 per cent until, at least, its rate-setting Monetary Policy Committee (MPC) meets again at the end…
Lasco tweaking Red Hills warehouse project as White Marl progresses
Lasco Distributors Limited, LASD, has made progress on the expansion of its warehouse in St Catherine, planned for completion in 2024, and is already eyeing a similar project for the pharmaceutical arm of…
Chicken & Tings adds another Kingston outlet, Portmore is next
Grab-and-go restaurant chain Chicken…
Solopreneur works to create unique memories for generations
Shadai Myrie is now looking to grow La Lona Art and Be Our Guest Jamaica to further serve the interests of Jamaicans after navigating the hurdles of the COVID-19 pandemic. The young entrepreneur…
Lasco Financial bets on microfinance
Lasco Financial Services Limited (LASF) is betting its future growth on its microfinance subsidiary Lasco Microfinance Limited amid the shifting remittance market. Lasco Financial purchased the microcredit outfit from Scotia Group Jamaica Limited…