Proponents of crypto assets are trying to make the case that trade among Caribbean countries can double from current levels of US$2 billion by adopting digital money as complementary currency for transactions. One…
Category: Business & Economy
Tumbling tickers
After enjoying two recent years as the best-performing stock index in the world, the Jamaica Stock Exchange (JSE) is now among the worst performers in 2023 with trading values at about two-fifths of…
Deal off!
iCreate founder Tyrone Wilson and Ideas Execution founder Kevin Frith are set to meet today in an effort to resolve some issues as iCreate’s pulled its planned acquisition of Frith’s firm. Wilson’s threat…
Unlocking the creative sector
The Inter-American Development Bank (IDB) is pursuing an ongoing mission to unlock the creative sector in Jamaica and the wider Caribbean by dismantling the barriers that stifle its economic and cultural impact. With…
Regional currency ‘Carib$’ readies pilot
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…
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,…