Jamaica has made much progress in developing formal pension arrangements for the many people who work and must one day retire, but there are serious questions about how people will survive considering how…
Category: Business & Economy
TotalEnergies restructuring to deepen Jamaican operations
TotalEnergies Jamaica and Lasco Financial Services Limited have entered into an agreement that will see taxi operators and budget-conscious motorists earning discounts on petrol purchases at one of Jamaica’s largest gas station chains….
West Indies Petroleum partners with new supplier Sunoco as it reorganises
West Indies Petroleum Limited, WIP, has struck a deal with American oil and gas company Sunoco to distribute marine fuel in the Caribbean, using Jamaica as a base. It comes amid a reorganisation…
White House fires USAID inspector general, officials say
The White House fired the inspector general for the US Agency for International Development on Tuesday, American officials said, a day after his office warned that the Trump administration’s dismantling of USAID had…
Citrus fetching record prices amid severe shortage
Citrus fruits are fetching record prices in Jamaica due to a severe shortage locally and across the globe, caused by both disease and climate events. A 90-pound field box of oranges costs about…
Image Plus revenue clipped by machine downtime
Medical imaging company Image Plus Consultants Limited, IPCL, was looking towards reaping a return on investment in new machines installed recently. But according to CEO Kisha Anderson, increased costs and machine downtime have…
Apple iPhone sales slip despite highly anticipated AI rollout
Apple disclosed that its iPhone sales dipped slightly during the past quarter, signalling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race…
Progress on SIPPA
Two associations representing small businesses in Jamaica have welcomed the move to amend the laws governing the use of personal property to acquire loans and hope the change will make it easier for…
Progress on SIPPA
Two associations representing small businesses in Jamaica have welcomed the move to amend the laws governing the use of personal property to acquire loans and hope the change will make it easier for…
Innovative Energy turns a profit but capital base still needs strengthening
Innovative Energy Group Limited, IEG, formerly known as Ciboney Group, has made a profit following the acquisition of IEC Limited. IEG acquired Ciboney as a shell company in mid-2023, via purchase of the…