Category: Business & Economy

Electrical lighting company FosRich is pulling back from its plan to raise funds on the equity market. In July 2022 shareholders had given the go-ahead for FosRich engage in a rights issue or…

Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans? That’s the conclusion of a group of prominent computer scientists and other tech industry…

After 33 years at the helm of a company mainly concerned with cleaning and sanitation, Audrey Hinchcliffe has handed over leadership of Manpower…

The plan by the Strategic Public Sector Transformation Project, SPSTP, to overhaul the Companies Office of Jamaica for the ease of doing business has been put on hold again. The SPSTP previously invited…

Telecommunications provider Digicel launched its MyCash mobile wallet, with the technology minister lauding such technology one way of countering the risk of carrying cash amid a series of robberies. “The benefits of a…

The value of pension assets under the control of fund managers fell by $15 billion in the span of three months, amid aggressive interest rate hikes in Jamaica and foreign markets that have…

Fewer customers complained about poor service last year, but utility providers still paid out $157 million, according to data released by the regulator on Wednesday. The Office of Utilities Regulation, OUR, received 20…

The Bank of Jamaica, BOJ, has held its key interest rate steady at 7.0 per cent for a third time, a decision that businesses have welcomed. The central bank’s last rate increase was…

The former general counsel for Venezuela’s state-owned oil company pleaded guilty in Miami federal court on money-laundering charges on Wednesday in connection to a conspiracy to siphon hundreds of millions from state coffers…

The government of Trinidad…