Category: Business & Economy

GUYANA’S Ministry of Natural Resources announced Thursday that an appraisal well drilled by a consortium led by Exxon Mobil has resulted in a “significant discovery” of oil and gas. In a statement, the…

In the latest KPMG CEO Outlook survey of more than 1,300 global managers, a majority have cited geopolitics and broader political uncertainty among the greatest risk to business growth in 2023. Both phenomena,…

Chief executive officer of the Digicel Group Oliver Coughlan will step down from his role come December, after staying on for an extra year to oversee the restructuring of the telecoms giant. Coughlan,…

Hong Kong’s leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub. Chief Executive John Lee…

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…

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…

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…

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…

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…

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…