Regional currency Carib dollar (Carib$) now awaits testing with pilot programmes scheduled to get underway in Jamaica and Barbados between the third to last quarter of this year. Speaking at a Caribbean Telecommunications…
Category: Business & Economy
New York City sues Hyundai, Kia after security flaw leads to wave of social media-fuelled theft
New York City has filed a lawsuit against Hyundai and Kia, joining a host of other cities beset by a social media-fuelled wave of car thefts due to a flaw that made some…
ICENS gives technical support for nuclear energy
THE team at the International Centre for Environmental and Nuclear Sciences (ICENS) is in full support of the move to explore nuclear energy generation but only as small nuclear reactors. Section head of…
Under attack!
The personal information of some Government ministers, several parliamentarians, former senators, and titans of industry have been exposed in a cyberattack on boutique brokerage firm Mayberry Investments Limited by the Play Ransomware Group….
JMMB Group responds to system disruption
JMMB Group Limited (JMMBGL) has responded to concerns surrounding the disruption of its Moneyline platform which saw banking customers across three territories unable to access their accounts online. Bank platforms undergo significant system…
CFF mixes in ingredients portfolio
CARIBBEAN Flavours and Fragrances (CFF) is mixing in a new ingredients portfolio and targets regional markets for growth. The company, which operates chiefly in the flavours markets, supplying products to all major beverage,…
Experts differ on whether to invest in winners or ‘losers’ to grow Jamaica’s economy
Experts clashed over whether funds should flow towards winning sectors such as tourism, as opposed to investing in ‘losing’ sectors such as education to spur economic growth, during a forum convened by Jamaica’s…
Microfin loans a $40b market
As the Bank of Jamaica combs through the applications for microcredit licences, a clearer picture of the dispersed sector that has now fallen under its regulatory umbrella is emerging. Only 13 firms have…
SafeSpot allowing Jamaica to better protect its children
Over the years, the Flow Foundation has been an advocate for empowering children and supporting their safety and right to life. The Foundation has done this through its many partnerships and initiatives that…
Mayberry confirms cyberattack on its systems
Mayberry Investments Limited has confirmed that it was a victim of a cyberattack. The investment firm says it has not experienced any disruption as a result of the attack, and is seeking to…