The Jamaica Stock Exchange (JSE) Combined Index again declined marginally on Wednesday. The hectic trading ended with an advance/decline ratio of 35/60. The JSE Combined Index declined by 3,399.58 points or 1.01 per…
Category: Business & Economy
Gas prices down $0.25, Diesel down $0.31
Motorists will pay less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $0.25 to sell for…
No bail-out!
Finance Minister Dr Nigel Clarke said the Government’s intervention to cover the operating expenses at fraud-hit Stocks and Securities Limited (SSL) is not a bail-out. Clarke made the claim in an X (formerly…
SSL clients to regain access to accounts after investigation
After more than eight months since revelations came to light about fraudulent activities at Stocks and Securities Limited (SSL), Finance Minister Dr Nigel Clarke is optimistic that clients will regain access to their…
Floating ship repair service coming in early 2024
German Ship Repair Jamaica Limited, GSRJ, a joint venture involving Jamaican, German and Turkish interests, will be offering ship repair services from a floating dock in the Kingston Harbour, a 215 metre-long Panamax-size…
Registration of a business in Jamaica
Is it easy to do business in Jamaica? That is a question that has been on the mind of corporate investors, the Ministry of Finance, the Ministry of Industry and Commerce, the World…
Student housing — A unique asset class
The 138SL (‘The Company’) has justifiably captured a fair amount of investor and media attention since the announcement of a potential additional equity investment was made on January 27, 2023. Dialogue continued after…
Lee Issa expanding retail footprint in Negril, upgrading Sunshine Village holdings
Businessman Elias ‘Lee’ Issa is entering the retail clothing market in Negril through the Kix store brand, expanding his business holdings beyond the hotels and other ventures he already operates in the resort…
Student innovators recognised at Robotics and Coding Summer Camp Awards
Imagination and creativity were on full display at the Robotics and Coding Summer Camp Awards Ceremony held on Monday, August 28 at the Alfred Sangster Auditorium, University of Technology in Kingston. Following an…
Disney wants to narrow the scope of its lawsuit against DeSantis to free speech claim
Disney wants to narrow the scope of its federal lawsuit against Governor Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition…