Category: Business & Economy

THE 2021-2022 Global Entrepreneurship Monitor, GEM, report indicates that the gender distribution of Jamaica’s total early-stage entrepreneurial activity, TEA, are majority female, although, when compared to new businesses, the more established…

THE UNIVERSITY of the West Indies, UWI, Mona, is on the hunt for an investor to restore and manage operations of the small hotel on its campus formerly known as the Mona Visitors’…

THE STATE residential home builder, National Housing Trust, NHT, reported nearly $15 billion in losses on the sale of some of its joint finance mortgage portfolio. Under the Joint Finance Mortgage Programme contributors…

DESPITE A strong nine-month performance, manufacturing and distribution company Paramount realised less profit for the third quarter ended February 2023. Third quarters are typically weaker at Paramount. The company has seen year-on-year declines…

THE Jamaica Public Service Company (JPS) said the introduction of liquified natural gas (LNG) in the energy mix in 2016 has so far brought $5.5 billion in savings for its customers. The JPS…

FirstCaribbean International Bank Limited’s (FCIB) sale of its St Kitts operation has fallen through as the Eastern Caribbean Central Bank (ECCB) decided not to grant final approval for the transaction. FCIB had announced…

Sygnus Real Estate Finance Limited (SRF) up to the half-year mark or six-month period ended February said it has deployed over $2 billion in investment commitments, almost doubling the $1.05 billion recorded for…

Demand for more Jamaican agents is forcing global services provider itel to consider expansion outside of the Corporate Area and the Montego Freeport — the latter being where the company has its headquarters….

Kingston Logistics Centre Limited (KLC) has demonstrated yet another innovative way it uses shipping containers with the introduction of pre-fabricated container homes which are now available for sale. On Wednesday the company launched…

DIRECTOR OF Health Applications at Advanced Integrated Systems (AIS), Shekar Sanumpudi, indicates that the company is targeting a growing healthcare technology market within the wider Caribbean. Already, the company’s Provider Access System (PAS)…