Dr Marlene Street Forrest, managing director of the Jamaica Stock Exchange (JSE), will remain at the helm of the organisation until the board appoints a successor, the JSE announced on Friday evening. “The…
Category: Business & Economy
Sorrel price spike
The supply of sorrel, a favourite Christmas drink in Jamaica, has declined this season with at least one supplier paying up to 60 per cent more to source the crop. The market blames…
The $100m murals of Kingston
The vibrant murals by Kingston Creative are transforming the streets and perception of downtown Kingston, with its latest client being the Bank of Jamaica (BOJ). The organisation aims to develop leisure and business…
QWI wants more US stocks after Nvidia bounce
QWI Investments has managed to turn the page on a string of annual losses aided by adding more US stocks to its portfolio, including Nvidia. Going forward, management wants to grow its US…
Fake AI reviews for Christmas
The emergence of generative artificial intelligence tools that allow people to efficiently produce novel and detailed online reviews with almost no work has put merchants, service providers and consumers in uncharted territory, watchdog…
First Rock buys $1.6B stake in Cayman complex
In a deal worth $1.6 billion, First Rock Real Estate Investments has acquired a stake in a commercial complex in the Cayman Islands. It’s the largest transaction in that territory for the Jamaica-based…
Ja earns J$25 billion for Massy
Gas acquisitions led the Jamaica operations of Massy to increase its revenue by one third in the last financial year. The purchases pushed year on year revenue to J$25 billion (US$160 million). Massy,…
NHT embarking on solar drive to slash $287-million light bill
The National Housing Trust (NHT) aims to reduce its energy costs by $287 million by installing solar panels at 10 locations. The initiative is part of the government’s push for sustainable development. The…
Jury convicts Cash App killer
A San Francisco jury on Tuesday found a tech consultant guilty of second-degree murder in the stabbing death of Cash App founder Bob Lee. It carries a sentence of 16 years to life,…