Category: Business & Economy

Jamaica raised US$1 billion from the international capital markets on Wednesday at a coupon of 6.25 per cent, the lowest coupon the country has paid on an international bond. It was the government’s…

Innovative Energy Group (IEG) wants to enter property development to augment its solar-installation business, and would seek approval to use legacy tax losses from the Ciboney Group, a listed entity it acquired. “The…

The Financial Investigations Division (FID) has gone to market for a real estate brokerage firm to sell 11 properties taken from criminals, the first concrete step towards the privately run disposal programme the…

Aren’t you tired of dealing with successive government administrations that do not get it? Aren’t you fed up with the utter fraud of continuing to bow to the King of England as Jamaica’s…

There are few instances in economic life when the business community can expect a tangible return on an external shift without cutting another cheque, and the dramatic fall in Jamaica’s murder rate ought…

Jamaican business leaders expect inflation to ease to 6.8 per cent by December, even as a growing share anticipate that the Bank of Jamaica (BOJ) will raise interest rates. The central bank’s July…

Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year to June, stripping out 37 per cent of its Jamaican…

Jamaican subscribers can now reach Apple TV through a storage plan that costs US$0.99 a month, less than the price of a patty, while Americans pay 15 times as much for the service…

Rock Solid Plastics Ltd turns out up to 150 water tanks a day from its Kingston factory and now employs 40 people, up from five when it started in 2020. The company said…

Jamaica’s inflation problem has shifted from transport costs to drought-hit food prices, Minister of Finance and the Public Service Fayval Williams said on Wednesday, as she argued that the economy has weathered Hurricane…