Category: Business & Economy

WASHINGTON (AP): THE OUTLOOK for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks….

With a number of projects lined up this year, commercial furniture manufacturer JFP, formerly Jamaica Fibreglass Products Limited, said it is looking to secure an even better financial performance this year as it…

THE International Monetary Fund (IMF) on Tuesday painted an uncertain outlook for the global economy as higher interest rates cool growth. Still the fund told central banks to stay the course in the…

A major participant in this year’s staging of Jamaica Carnival has forecast that the economic boost from the festival will surpass that of 2019. Scott Dunn, the managing director of Dream Entertainment —…

India’s digital public infrastructure, one of the biggest success stories of the country, has got a thumbs up from the International Monetary Fund (IMF). The paper by the IMF noted that the country’s…

After near 13 years at the helm of the National Export-Import Bank (EXIM), seasoned banker and Managing Director Lisa Bell will step down from duties at the end of April. Bell, who has…

OMAHA, Nebraska (AP): BILLIONAIRE WARREN Buffett’s company has increased its investments in five major Japanese trading houses to give Berkshire Hathaway control of 7.4 per cent of each of those conglomerates. Buffett disclosed…

ROSEAU, Dominica (CMC): GRENADA, ST VINCENT and the Grenadines, and St Kitts and Nevis are expected to benefit from a three-day study tour of Dominica’s geothermal energy project as part of the efforts…

KAYA GROUP, one of the largest ganja chains on the island, generated US$2.2 million ($330 million) for its December 2022 year end, or 25 per cent higher year on year with details emerging…