Oil prices are climbing Monday following the latest rise of tensions between the United States and Iran, but the moves are more modest than they were earlier in the war. US stocks, meanwhile,…
Category: Business & Economy
Kenny Benjamin to be inducted into PSOJ Hall of Fame
The Private Sector Organisation of Jamaica ( PSOJ ) has announced that Founder and Executive Chairman of the Guardsman Group, Kenneth ‘Kenny’ Benjamin, will be inducted as the 32 nd member of the…
Economist urges Jamaica to leave oil alone
University of the West Indies (UWI) economist Dr Damien King hopes Jamaica never strikes commercially viable oil – and he means it. King, who lectures in economics at UWI, fears what development economists…
Counterfeiters target Jamaica’s plastic banknotes
Fraudsters are counterfeiting Jamaica’s plastic polymer banknotes, according to the regulator in its annual report.
First Order snags Domino’s in Jamaica
Brothers Sean and Nicholas Scott have combined forces to take over one of the largest and fastest-growing segments of Jamaica’s quick-service food industry, having acquired the assets of Convenient Brands Ltd to become…
Humanoid robots show off language and boxing skills in Hong Kong
A humanoid robot about the size of a primary school student had something to share in Hong Kong – it sang songs and spoke to people in Mandarin and English, answering whatever questions…
Paramount posts higher revenue and profit as hurricane impact fades
Paramount Trading (Jamaica) Ltd reported stronger revenue and profit for its third quarter ended February 28 despite disruptions caused by Hurricane Melissa. “The gross revenue for the current quarter was impacted by the…
Short-term rentals in St Ann earn most, but Kingston dominates listings
Properties listed for short-term rental in St Ann are generating the highest average revenue in Jamaica at around $5 million a year, with Kingston hosting the most active listings on the market, data…
Tankweld secures further court win as FTC report set aside
Tank-Weld Metals Limited has secured another legal victory against the Fair Trading Commission (FTC), with the Supreme Court agreeing to hear the company’s challenge to a disputed report while barring the regulator from…
Oil found in seabed samples off Jamaica’s southern coast, survey shows
United Oil & Gas Plc has confirmed the presence of oil indicators on the seabed floor offshore Jamaica following a recent survey.
