Category: Business & Economy

BY JULY 1, 2023, Marathon Insurance Brokers, MIB, will have a new leader. Levar Smith, the present CEO, will have the title of president and CEO. Outgoing Executive Chairman Richard Burgher said the…

BENGALURU, India (AP): THE INCOMING president of the World Bank was born in India and forged his early business success there, a fact supporters say gives Ajay Banga valuable insight into the challenges…

GEORGETOWN, Guyana (CMC): GUYANA ANNOUNCED on Wednesday an extension of its deadline for the 2022 licensing round’s bid submission for 14 oil blocks to July 15 this year. The Ministry of Natural Resources…

MPC CARIBBEAN Clean Energy booked its largest audited net loss while extending its convertible debt load for another three years. The company’s outlook remains positive despite the 2022 setbacks. The unaudited US$700,700 net…

BEIJING (AP): CHINA’S EXPORTS rebounded unexpectedly to growth in March despite a decline in United States, US, and European demand, following interest rate hikes to cool inflation. Exports rose 14.8 per cent over…

CABRA RANCH Ventures Limited in Highgate, St Mary, is owned and run by Trudy Wilson and Ray Hammond, who say they were motivated by a love of goat milk products. They started the…

A MEETING in the Supreme Court next week is expected to see approval secured for a purchaser for Mystic Mountain Limited, MML, the Jamaican attraction which has been placed in bankruptcy, and for…

A THIRD engineer is now part of the board at the RJRGLEANER Communications Group. Seasoned businessman, banker, engineer and current CEO of the ICD Group, Peter Melhado, has been drafted in to fill…

MEN TEND to dominate the arts economy in Jamaica both as artists and buyers, even though the key gallery owners and gatekeepers are women. Gatekeepers argue that it makes the art economy much…

The Jamaica Stock Exchange (JSE) Combined Index again reversed the previous day’s gains. An even more hectic trading session, ended with an advance/decline ratio of 42/47. The JSE Combined Index declined by 1,463.69…