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Category: Business & Economy

Business & Economy

Gordon held personally liable for Sygnus legal fees

infojamaica
July 26, 2023

The court has rescinded the decision of the trustee to bar a representative of Sygnus Credit Investments Limited from overseeing the bankruptcy proceedings for Mystic Mountain Limited, MML, saying she had overstepped her…

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Business & Economy

PriceSmart expanding and remodelling across region

infojamaica
July 26, 2023

PriceSmart Incorporated is looking to remodel and expand four of its high-volume clubs after coming off a record third quarter which saw revenue climb to US$1.10 billion ($168.19 billion) from its 51 clubs…

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Business & Economy

Mixing friends and relatives and business

infojamaica
July 26, 2023

Solid legal arrangements serve as the bedrock upon which successful and lasting friendships turned business alliances are built. The Jamaican proverb, “Good friend better than pocket money” is often declared with confidence and…

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Business & Economy

Businesses expect inflation to spike again

infojamaica
July 26, 2023

Businesses expect inflation to hit 8.2 per cent by the end of this year, amid fears of rising utility costs and fluctuating interest rates, according to a new Bank of Jamaica survey. The…

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Business & Economy

Elon Musk reveals new X logo to replace Twitter’s blue bird

infojamaica
July 25, 2023

Elon Musk has unveiled a new ‘X’ logo to replace Twitter’s famous blue bird as he follows through with a major rebranding of the social media platform he bought for US$44 billion last…

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Business & Economy

Grid resilience in the face of climate departure

infojamaica
July 23, 2023

In May of this year Minister of Foreign Affairs and Foreign Trade Senator Kamina Johnson Smith warned that Jamaica’s capital, Kingston, is close to reaching climate departure. If this were to happen it…

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Business & Economy

AI laws needed — tech experts

infojamaica
July 23, 2023

JAMAICA is in dire need of comprehensive artificial intelligence (AI) laws to govern and regulate the implementation of the technology, according to technology experts. “As with any technology, there are some bad things…

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Business & Economy

Young professionals driving real estate, mortgage market

infojamaica
July 23, 2023

Real estate transactions topped $13 billion in value in the first half of this year, with a plurality of the sales concentrated within the top income bracket encompassing the luxury market, data provided…

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Business & Economy

Overwater bar venture coming for Montego Bay

infojamaica
July 23, 2023

A start-up venture called Offshore Oasis Limited wants to construct and operate an overwater bar attraction that will target business from tourists as well as locals. It’s awaiting approval from the National Environment…

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Business & Economy

Stocks Round Up | tTech today’s biggest winner

infojamaica
July 21, 2023

The Jamaica Stock Exchange (JSE) Combined Index closed the week advancing marginally on Friday. The moderate trading ended with an advance/decline ratio of 46/53. The JSE Combined Index advanced by 535.15 points or…

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