Jamaica grew for eight consecutive quarters to pull itself out from under the coronavirus, but planners want a larger skilled workforce to guard against a return to low growth. The economy grew 2.7…
Category: Business & Economy
Sand theft precautions at Harmony Cove megaresort site
Concerns about preventing sand theft and squatting have surfaced on lands set for resort development next year by government-led Harmonisation Limited. The company is seeking drones and security guards to canvas the 2,400…
Flow inspires girls in ICT
Inspiration comes in various forms and leading communication and entertainment provider, Flow, took several approaches to inspire young girls during its recent Girls in ICT (GIICT) Day activities. The GIICT Expo was its…
Blue economy focus
Efforts to strengthen the country’s blue economy were recently validated by stakeholders which have confirmed that there are immense opportunities available for exploitation in the area. The blue economy considers livelihoods and enterprises…
Debt ceiling agreement gets thumbs up from business groups
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 receives coveted Safe Quality Food Certification
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…
JPS $3b plan to curb outages
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 puts out feelers for local, regional acquisitions
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…
Bank fees rising again
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 takes ‘AIM’ at cancer treatment
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….