Leading global central bankers asserted Wednesday that they are not backing off their steep interest rate increases, pointing to inflation being more persistent than expected but still downplaying fears of recession from their…
Category: Business & Economy
UPDATE: Newcomer ECHE gets cash boost from regional security giant
Regional security Amalgamated Security Services Limited has acquired a 51 per cent stake in ECHE Limited, a cash management and digital payments company founded by seasoned security professional, Lititia Myers-Gray. The equity deal…
Newcomer ECHE gets cash boost from regional security giant
Regional security Amalgamated Security Services Limited has acquired a 51 per cent stake in ECHE Limited, a cash management and digital payments company founded by seasoned security professional, Lititia Myers-Gray. The equity deal…
Imposters using Kingston Wharves name to scam car buyers
Scammers have tried using the reputation of Kingston Wharves Limited and its managers to solicit funds from car buyers. The wharf, which is the central conduit for auto imports into Jamaica, was made…
ATL goes big after EV market
THE ATL Automotive Group on Monday extended its footprint into the autodealers market, announcing it is now the exclusive dealer for Chinese electric vehicle (EV) brand BYD in the Caribbean. The company launched…
Next-Level Banking
UTech, Jamaica and Sagicor lead the charge with digital wallet SwifPay Faculty and student researchers from the University of Technology, Jamaica (UTech), last week, successfully showcased how money can be transferred from a…
Ten students cop win in Flow Foundation, USF essay competition
KINGSTON, Jamaica – The Flow Foundation has partnered with the Universal Service Fund (USF) to recognise the 10 winners of the USF’s Essay Competition for high school students. The 10 students were each…
Sterling pulls through difficult 2022
As it continued to take advantage of market volatilities and navigate global challenges, Sterling Investments Limited (SIL) during its last financial year managed to deliver marginal growth in net interest income which amount…
Biden pledges high-speed internet for all Americans by 2030
High-speed internet is no longer a luxury but an “absolute necessity, US President Joe Biden said on Monday said as he pledged that every household in the nation would have access by 2030…
Boom and bust for onion farmers
Onions have now climbed to $400 per pound on the local market, doubling the price since April, when farmers were almost giving the crop away. Then they faced competition, diminished markets, and limited…
