FACTORIES CORPORATION of Jamaica, FCJ, is treading softly with its planned, expanded commercial park in Naggo Head, Portmore, waiting for the last two months for approval from Cabinet before disclosing costs for the…
Category: Business & Economy
Cornerstone’s roots deepen among Ja’s top tier
THE PRIVATELY held Cornerstone Group, which recently received the greenlight from the central bank to reorganise into, and seek a licence as, a financial holding company, has valued itself just shy of US$1…
US chip controls threaten China’s technology ambitions
BEIJING (AP): FURIOUS AT US efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their own…
Health shock
UNITED KINGDOM (UK) health services provider Cambridge University Hospitals has been seeking to recruit registered nurses and midwives for full-time, qualified nursing positions in all clinical areas across the hospital, with a fresh…
CAC 2000 strikes partnerships to fix losses
FACED WITH a first quarter loss and peaks and troughs in its revenue flows, air conditioning company, CAC 2000 Limited, has struck a deal with Real Marketing out of Trinidad and Tobago to…
TikTok fined $15.9m by UK watchdog over misuse of kids’ data
LONDON (AP): BRITAIN’S PRIVACY watchdog hit TikTok with a multimillion-dollar penalty yesterday for misusing children’s data and violating other protections for young users’ personal information. The Information Commissioner’s Office said it issued…
Digital payback
GRACEKENNEDY, the Jamaican conglomerate whose businesses span supermarkets to financial services, has invested more than a J$1 billion in the digitisation of its services over the last three years, which, according to its…
Stock market loses $5 billion on Monday
THE JAMAICA Stock Exchange, JSE, now hovers at just above pandemic lows following its slide on Monday that wiped out $5 billion in market value. Suffering its biggest day of losses in at…
SVREL cranks up digital strategy
GAMING AND entertainment company, Supreme Ventures Racing and Entertainment Limited (SVREL), is upping the ante with its digital strategy, while moving to top a record 2022. The company has digital innovations such as…
