QUESTION: Can Jamaicans really make money from creating content? BUSINESSWISE: Every week, at least one Jamaican asks me the same thing: How do I make money online from content? It has become the…
Category: Business & Economy
SVL wants to take over ownership of Caymanas Park
Supreme Ventures Group is putting US$100 million, or $16 billion in local currency, towards upgrades for Caymanas Park, the home of horse racing in Jamaica. But SVL Group Executive Chairman Gary Peart said…
Shortage of approved auditors delaying pension plan filings to FSC
Pension plans are not being audited in a timely manner due to a shortage of auditors approved by the Financial Services Commission, FSC, for what is a specialised task, the top spokeswoman for…
Getty drops copyright allegations in UK lawsuit against Stability AI
Getty Images dropped copyright infringement allegations from its lawsuit against artificial intelligence company Stability AI as closing arguments began Wednesday in the landmark case at Britain’s High Court. Seattle-based Getty’s decision to…
What closing the Strait of Hormuz would mean for oil
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of…
Cedric Stephens | AI is core to digital transformation
The demand for workers with artificial intelligence-driven skills is accelerating in all industries, globally. This was one of the findings of a report summarised in last Wednesday’s Gleaner titled The Fearless Future: PwC’s…
Logistics outsourcing sector showing promise as BPO slows
With earnings and employment in the business process outsourcing sector having hit a plateau in the last year, logistics is said to be emerging as the next driver of foreign exchange earnings and…
Frank James on engendering a growth mindset at GK
Since taking over as CEO of GraceKennedy Group in February, Frank James, who was promoted from within, is keeping his eye on the company’s prize: hitting US$2 billion in revenue by year 2030,…
Portland, Specialty Coffee bondholder meetings pushed back
Representatives of businessman Michael Lee-Chin are working to reschedule bondholder meetings that were postponed this week. The meetings were called over delayed or missed payments and a new proposal for the servicing of…
Federal Reserve leaves key rate unchanged, but sees two cuts this year
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March. The…