Category: Business & Economy

ST GEORGE’S, Grenada (CMC): THE GRENADA government says it is owed more than EC$750 million (One EC dollar=US$0.37 cents) in outstanding taxes and penalties and that a tax amnesty offered this year is…

CONSUMERS ARE set to benefit from an internet price star war. Starlink, the satellite internet firm ultimately owned by Elon Musk, this month slashed the core price in Jamaica for the second time,…

DESPITE A dip in inflows in the month of February, remittance flows may replay the performance of the year ended, solidifying the post-pandemic trend of inflows valued in the region of US$3 billion….

TWO YEARS after investment house Proven Investments Limited (PIL) sold its stake in Dream Entertainment Limited to Yes Iyah Limited, the new shareholder indicates that the deal is now wrapped up and all…

MARCH 30, 2023, marked a significant day in the life of family-owned businesses (FOBs) in Jamaica. After 33 years at the helm, the founder of one of Jamaica’s outstanding and high-performing FOBs ‘passed…

WhatsApp is the #1 communication platform around the world that boasts over two BILLION monthly active users, far ahead of second place Facebook Messenger at 1.3 billion monthly active users. Since it is…

Consumers are set to pay more out of pocket to service their existing loans as different financial institutions adjust their interest rates on existing variable rate loans and on the headline rates for…

THE VM Group is making establishing a small business easier while fostering its growth by launching a suite of new business services. In its first phase is a business operating savings account for…

As the VM Group looks to further charge up operations and feverishly plots new growth post-restructure, the company through its non-financial arm, VM Innovations Limited, is also working to deliver on a number…

FRESH from the completion of its restructuring, the VM Group — a mutual holding company — has now focused its sights on raising $11 billion in new capital before the end of this…