UNRELIABLE technologies and a lack of confidence in the banking sector have been cited as the reasons Jamaicans are opting out of holding their funds digitally. Consumers and merchants alike, on a daily…
Category: Business & Economy
Top trends in the fintech space
Today , May 17, marks the annually observed World Telecommunications and Information Society Day (WTISD). Now in its 17th year, WTISD has helped to raise awareness of the possibilities that the use of…
Palace keeps the show going after 100 years
AS the country’s sole cinema operator Palace Amusement Limited has had to, for over a century, keep patrons entertained through the big screen, but not without its fair share of transitions and challenges…
TransJamaica Highway moves to amend articles for potential share buy-back
TransJamaica Highway Limited (TJH) is looking to ask its shareholders at its June 30 annual general meeting (AGM) to approve amendments to its articles of incorporation surrounding share buy-backs and directors’ age limitation….
Sagicor Real Estate X Fund charting new future
FOLLOWING the deconsolidation from Sagicor Group Jamaica Limited (SJ) at the end of September, Sagicor Real Estate X Fund Limited is now planning its next moves with an independent board and $7.38 billion…
Huawei announces Watch 4 and Watch 4 Pro
Huawei has announced detailed pricing and availability details for the P60 Pro and Mate X3 in Europe. A pair of new smartwatches will work with both phones, the Watch 4 and Watch 4…
Sagicor first quarter results apply international reporting standard
Sagicor published its first quarter results on Monday applying for the first time the new International Financial Reporting Standard (IFRS) 17 which replaces the old IFRS 4 standard. The change primarily affects the…
Brazil’s Amazon megaprojects threaten Lula’s green ambitions
After his swearing-in ceremony on January 1, Brazil’s Luiz Inácio Lula da Silva walked up the ramp to the presidential palace arm in arm with Indigenous leader Raoni Metuktire, instantly recognisable by his…
Europe leads on roll-out of crypto rules
The European Union’s sweeping set of beefed-up cryptocurrency rules got final approval from member states on Tuesday, giving the 27-nation bloc a global lead in regulating the freewheeling sector. The European Council adopted…
Heads of failed banks questioned on executive pay, risk management
Executives from two large American banks that failed dramatically in March appeared in front of the Senate Banking Committee on Tuesday to respond to questions about why their banks went under and what…