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Category: Business & Economy

Business & Economy

IMF: Jamaica heat wave could stir megastorm, big losses

infojamaica
July 16, 2023

The current heatwave in Jamaica is symptomatic of a wider warming climate that experts think may fuel a once-in-a-lifetime hurricane. And if such conditions were to persist and trigger a 100-year event, Jamaica…

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Business & Economy

New ABMs overlook blind community

infojamaica
July 14, 2023

ON the heels of concerns from the blind community about automated banking machines (ABMs) becoming more inaccessible as they are upgraded, National Commercial Bank (NCB) said it has already started implementation of the…

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Business & Economy

I’m not happy!

infojamaica
July 14, 2023

• Michael Lee-Chin said he is not happy with the lack of dividend payments from NCB • Lee-Chin vows to drive management to operate more efficiently when he returns as chairman next month…

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Business & Economy

Deputy police commissioner pleads with companies to be honest about fraud attacks

infojamaica
July 14, 2023

Deputy Commissioner of Police Fitz Bailey is urging companies to be more forthcoming regarding fraudulent attacks, noting that only one-fifth of crimes are reported and that often, companies make the decision not to…

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Business & Economy

UCC Group mega-complex for Trelawny, IPO still on the cards

infojamaica
July 14, 2023

Spectrum Capital Partners, the investment arm of the UCC Group, is scouting joint-venture partners for the development of a resort and neighbouring residential housing project in Trelawny, adding to plans to create a…

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Business & Economy

UK wages rising at record pace, higher interest rates likely

infojamaica
July 13, 2023

Wages in the United Kingdom are rising at a record-high rate amid stubbornly high inflation, official figures showed on Tuesday, bolstering expectations that interest rates will increase again – to the worry of…

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Business & Economy

Margins down but JMMB pressing forward

infojamaica
July 12, 2023

HIGH volatility and the harsh realities of current market conditions which compressed margins for the JMMB Group last year will not deter its business from going after increased growth over the short term,…

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Business & Economy

Dream a little bit bigger

infojamaica
July 12, 2023

In 1992, 22 First Division football clubs in England broke away from the English Football League to form the Premier League which has since been hugely successful financially, drawing the envy of the…

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Business & Economy

Island Products cramped for space

infojamaica
July 12, 2023

AT least one manufacturer is pleading for assistance to acquire land space to expand his factory operations. “Right now I can safely say our growth is limited only by space,” said Earl Barry…

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Business & Economy

Revamped Trade Act to amplify services

infojamaica
July 12, 2023

Against the backdrop of an expanding trade gap with the rest of the world and the search for comparative advantage, Jamaica will be revising its Trade Act that predated Independence – a time…

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