There is no shortage of investment opportunities in sectors beyond oil, but the country’s capital markets lack capacity to handle the levels of financing needed, Guyana’s finance minister said on Tuesday. At the…
Category: Business & Economy
Roadblocks to regional capital market development
JSE Group Chairman Julian Mair is pitching the stock market as a way to sustain legacy and share in the benefits of a growing economy. It’s a message he took to Guyana, where…
CPJ targets $40 billion in revenue by 2028
Following another record year where consolidated revenue jumped 19 per cent to a historic US$142.58 million ($22.10 billion), Caribbean Producers (Jamaica) Limited (CPJ) is looking to grow that figure to a quarter of…
Look at the Dominican Republic
While pointing to a number of indicators contributing to Jamaica’s financial programme now on a positive footing, business magnate Jeffrey Hall warned that Jamaican authorities cannot afford to become complacent, but should look…
Google packs more artificial intelligence into new Pixel phones
Google on Wednesday unveiled a next-generation Pixel smartphones lineup that will be infused with more with more artificial intelligence tools capable of writing captions about photos that can be altered by the technology,…
$48-B talk tax
JAMAICAN consumers have proved that talk’s not cheap, forking out almost $50 billion in telephone call taxes for the Government’s coffers over the last decade. But at least one technology expert believes the…
Island Car Rentals sold
After 50 years of operation, Jamaica’s largest car rental company, Island Car Rentals Limited, now has new owners. The company changed hands nearly two months ago but is only just going public following…
VM Wealth raises $3b for ICR Holdings Ltd’s acquisition of car rental companies
ICR Holdings Limited, a new holding company, has acquired Island Car Rentals and Jamaica Rental Company in a deal worth $2.7 billion with the help of funds raised by VM Wealth Management which…
Eppley zeroing in on leases and asset administration for growth
With the dynamic changes in the economic environment, Eppley Limited is narrowing its focus on its asset management platform as it diversifies its income and asset base across the Caribbean. The Jamaican private…
Waste-to-energy plant under consideration for St Ann landfill
The Jamaican Government wants to test the feasibility of expanding the St Ann landfill at Haddon fivefold and adding a waste-to-energy plant there, according to the Development Bank of Jamaica. Haddon is one…
