Robert Almeida, manager of investment fund Portland JSX Limited, thinks that its multimillion-dollar financing of fast-growing online grocer Merqueo might go to nought, following the lapsed initial public offering, which would have provided…
Category: Business & Economy
Lasco Manufacturing hunting acquisitions
Despite growing revenue by 19 per cent to surpass the $11-billion market for the first time, Lasco Manufacturing Limited (LASM) is still seeking potential acquisition opportunities as it expands its product range and…
Artisan village to feature AR and VR tech at Falmouth cruise pier
Tourism officials will be incorporating augmented reality and virtual reality experiences at the Falmouth Cruise Pier. The AR and VR offerings are marketing tools to woo business to the artisan village there. Based…
From outsourcing to ‘upsourcing’: Jamaica making pitch to upscale sector
Jamaica’s outsourcing sector has quadrupled the number of jobs in a decade, but it still has a far way to go to reposition as a market for higher-end services. Currently, basic business process…
St Hugh’s uses creative arts to promote online safety
St Hugh’s High, one of six schools that successfully pitched for the Connected and Protected Safer Internet School Grant (SISG), effectively used the creative arts to promote online safety amongst its students for…
Early June disruptions to Outlook, cloud platform ‘were cyberattacks’
In early June, sporadic but serious service disruptions plagued Microsoft’s flagship office suite – including the Outlook email and OneDrive file-sharing apps – and cloud computing platform. A shadowy hacktivist group claimed responsibility,…
A father’s legacy: Charles and Andrew Ross share their passion for finance
IN the ever-evolving landscape of careers, sometimes unexpected paths lead to extraordinary outcomes. Such is the case with Charles Ross, a former engineer-turned-finance expert, and his son Andrew Ross, who transitioned from a…
BOJ tackles resistance
THE Bank of Jamaica (BOJ) had to reach out to at least one merchant on Friday to provide additional information about the new polymer bank notes and assure them that it is legal…
BOJ tackles resistance
THE Bank of Jamaica (BOJ) had to reach out to at least one merchant on Friday to provide additional information about the new polymer bank notes and assure them that it is legal…
Jamaica outperforms IMF targets
THE International Monetary Fund (IMF) said Jamaica has so far “overperformed on indicative targets and met structural benchmarks” that were set for the Precautionary and Liquidity Line (PLL) agreement reached in March, while…