Category: Business & Economy

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by United States President Joe Biden and House Speaker Kevin McCarthy. Even before seeing those details, some…

HONEY Bun (1982) Limited, the popular Jamaican bakery established 40 years ago, has attained the internationally recognised Safe Quality Food (SQF) certification. SQF is a rigorous and credible food safety and quality programme…

Power utility Jamaica Public Service Company Limited, JPS, will spend US$18.25 million ($2.83 billion) on specific projects designed to improve the reliability of the electricity grid following a spike in outages. On average,…

VM Group Limited has its feelers out for attractive businesses to buy, on the heels of the $11 billion raised on the private market from an offer of preference shares through new entity…

As deposit-taking institutions (DTI) continue to hike interest rates on existing and new loans, customers will now see a new round of increases and decline in free services in the next month. Consumers…

STRATUS Alternative Fund SCC (Stratus), the alternative investment platform operated by NCB Capital Markets Limited (NCBCM), announced its landmark investment in the first full-service cancer treatment facility in Jamaica and the western Caribbean….

The Jamaica Stock Exchange (JSE) Combined Index close the week on a winning note on Friday. The moderate trading ended with an advance/decline ratio of 53/32. The JSE Combined Index advanced by 2,495.00 points…

New rules regarding insurance contracts that have been called the most radical in a decade have carved about $45 billion off the capital base of two of the largest insurance conglomerates that operate…

NCB Financial Group Limited sought to quell speculation on Wednesday night regarding its chairman, billionaire investor Michael Lee-Chin, after initially announcing his pending leave of absence from the board without explanation. The initial…

Caribbean Producers (Jamaica) Limited (CPJ) will be spending an extra US$7 million (J$1.09 billion) to expand its operations in Jamaica and St Lucia as it gears up for the influx of 6,000 additional…