The court has rescinded the decision of the trustee to bar a representative of Sygnus Credit Investments Limited from overseeing the bankruptcy proceedings for Mystic Mountain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…
Category: Business & Economy
PriceSmart expanding and remodelling across region
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…
Mixing friends and relatives and business
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…
Businesses expect inflation to spike again
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…
Elon Musk reveals new X logo to replace Twitter’s blue bird
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…
Grid resilience in the face of climate departure
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…
AI laws needed — tech experts
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…
Young professionals driving real estate, mortgage market
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…
Overwater bar venture coming for Montego Bay
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…
Stocks Round Up | tTech today’s biggest winner
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…
