Armed with the approval of the central bank, entertainment company Supreme Ventures Limited has entered the bill payment market through its fintech arm, Supreme Ventures Fintech Limited. The service will be provided under…
Category: Business & Economy
China shrugs off threat of US tariffs
China’s leaders are downplaying the potential impact from the trade war mounted by the United States, saying they have the capacity to protect jobs and limit damage from higher US tariffs on Chinese…
Regency Petroleum partnering with dealer on truck stop
By about June 2026, Jamaica’s first formal truck stop and traveller’s halt should be open for business. It will be a dealer-owned and dealer-operated, or dodo facility, under the Regency Petroleum brand in…
Oran Hall | Mastering the art of budgeting on irregular income
It can be challenging for people who do not earn a consistent stream of income, because of self-employment, seasonality of employment, and commissioned-based employment, to manage their money effectively, but there are practical…
Rum fight getting more spirited
Spirits Pool Association Limited, which represents most of Jamaica’s rum distilleries, has pushed back against lawyer and rum consultant Howard Mitchell’s support for ageing Jamaican rum abroad. It comes amid an industry dispute…
Innovative Energy to distribute electric golf carts
Innovative Energy Group Limited, IEG, formerly known as Ciboney Group, is entering into the distribution of electric golf carts across the region to augment its energy business. The group earned $100-million profit for…
Musk to refocus on Tesla job as profit plunges
Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Musk said on a…
Soft air travel halves Knutsford bus profit
Knutsford Express Services Limited, a luxury bus service popular among tourists and Jamaican commuters, faced rising costs as air travel slowed. For the February third quarter, its profit was sliced in half, dropping…
Eppley takes over Stratus fund
Investment company Eppley Limited has acquired full control of Stratus Alternative Funds SCC from partner NCB Capital Markets Limited, NCBCM, but the value of the transaction was not disclosed. Five years ago, NCBCM…
Planning ahead to counter climate vulnerability
The 2025 Atlantic Hurricane Season will begin on June 1 or in about 40 days’ time. The island, its Caribbean and other neighbours, were severely affected by hurricane events last year. Because of…