In the face of a tight labour market, the Bank of Jamaica, BOJ, is wary of the potential effect on prices. Specifically, BOJ Governor Richard Byles is hoping that companies won’t resort to…
Category: Business & Economy
Young Scholars Educational Ltd driving digital transformation
Young Scholars Educational Ltd is on a mission to bridge the digital divide in the world of robotics and coding for Jamaican youths. Seventy students from Kingston, Manchester, Clarendon and Montego Bay participated…
Caribbean threatened as Florida coral reefs stressed by bleaching
The coral reef off southeast Florida in the United States is experiencing an unprecedented and potentially deadly level of bleaching this summer because of rising ocean temperatures caused by climate change, federal scientists…
iCreate shares suspended
Shares in technology company iCreate Limited cannot be traded at this time. This as the Jamaica Stock Exchange (JSE) has taken the decision to immediately suspend trading in the company pending the submission…
‘Material success’
THE Bank of Jamaica (BOJ) Friday said it will keep its key policy rate unchanged following a unanimous vote on the decision by its rate-setting monetary policy committee (MPC), citing it has been…
Local football boss says player transfer to Serie A validates business approach
The transfer of 23-year-old Mount Pleasant Football Academy player Trivante Stewart, directly from the local league to Italia’s Serie A club Salernitana, is the most significant transfer of the Jamaica Premier League (JPL)…
Judge approves sale agreement for Mystic Mountain
Justice David Batts has approved the sale of Mystic Mountain Limited, MML, operator of an adventure park in Ocho Rios that went bankrupt. It paves the way for the secured creditor, Sky High…
Stock market falls below COVID low
Jamaican stocks sank to new depths last week, pushing the market beyond its lowest point during the height of the coronavirus pandemic. It’s the second time it’s done so since this year. Investors…
Court approves Mystic Mountain sale
The Supreme Court today granted approval for the sale of the business and assets of bankrupt Mystic Mountain Limited, a major tourist attraction in Ocho Rios, St Ann. Karibukai Limited is the owner…
Stocks Round Up | JSE ends week marginally down
The Jamaica Stock Exchange (JSE) Combined Index closed the week marginally down on Friday. The slow trading ended with an advance/decline ratio of 41/48. The JSE Combined Index declined by 414.94 points or…
