Category: Business & Economy

Scotia Group Jamaica is leaving the Jamaica Stock Exchange while it is winning with record profits. The profit line is not the story. The story is capital, float, and where roughly $54 billion…

Several providers of modular homes are seeking approval of their building systems by the Bureau of Standards Jamaica (BSJ) in preparation for the post-Melissa rebuilding of western Jamaica.  Manager of Testing and Industrial…

The Jamaica Manufacturers and Exporters Association (JMEA) plans to deepen industry data collection as part of a five-point agenda unveiled by President Kathryn Silvera after her re-election on Wednesday, building on efforts already…

Offshore oil exploration firm United Oil & Gas Plc expects to secure a joint-venture partner by October, according to its full-year results published this week. The company cited the disruption to global oil…

Stocks wavered to a mixed close on Wall Street on Wednesday as technology stocks once again weighed down the market. Declines for several influential tech heavyweights, including Microsoft, pulled the broader market lower,…

Jamaica’s real estate developers and motor vehicle dealers have emerged as top money laundering risks, according to the Third National Risk Assessment (NRA) published by the Bank of Jamaica this month.

The revenue of Digicel Holdings slipped, but other metrics improved, contributing to a rating upgrade from Moody’s by one notch to B1 from B2. “The rating action incorporates Digicel’s ability to absorb external…

The Federal Reserve has, for decades, moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it…

Blue Mahoe Capital Caribbean Inc, a Florida-based real estate developer, launched a crowdfunding campaign this month to raise US$5 million for affordable housing projects in Jamaica, marking a step in its bid to…