THE Bank of Jamaica (BOJ) on Friday kept its key policy rate at 7 per cent for the fifth-straight meeting of its rate-setting monetary policy committee (MPC), as expected, but warned that inflation…
Category: Business & Economy
Bella Balloons making a mark
BELLA Balloons is changing the landscape of event décor with classy and gorgeous balloon artistry. The business is owned and operated by Dr Kelly-Lois Gooden Morgan, a medical doctor by profession in Montego…
Sweet treat for nurses from Honey Bun
HONEY Bun Limited continued its annual tradition of marking International Nurses Day recently with a special presentation to the Nurses Association of Jamaica (NAJ). This kick-started a special ‘six weeks of sweet treats…
A Jamaican Company’s Journey to the Netherlands
The Pure Chocolate Company, an award-winning chocolate manufacturing firm based in Ocho Rios, Jamaica, that uses top-quality Jamaica cocoa in its products, is now exporting its wares to the Netherlands. The first shipment…
ChatGPT makes debut as a smartphone app on iPhones
ChatGPT is now a smartphone app, which could be good news for people who like to use the artificial intelligence chatbot and bad news for all the clone apps that have tried to…
Tiny Guyana village battles gold mine in court over land rights
One of Guyana’s smallest Amerindian villages is waging a monumental battle that could decide the amount of control that thousands of indigenous people have over their land in remote parts of this South…
KPREIT pulls back from Dumfries Road expansion
Kingston Properties Limited is pulling back from a prime acquisition in the heart of the New Kingston business district. The real estate investor, also known as KPREIT, bought the 7 Dumfries Road property…
Jamalco targets year end to return to full capacity
JAMALCO is aiming to return its facilities to full production by early next year. The timeline comes nearly two years after a fire in the company’s powerhouse left the alumina refinery paralysed, with…
Updated BOJ data shows improved loan quality at credit unions
The Bank of Jamaica has updated the information on credit unions in its latest annual report, which now captures data from January to December 2022. The central bank’s initial report had covered only…
