The company behind Jamaica’s long-running All Media Survey is rebuilding the study around artificial intelligence (AI) and a longer measurement window, betting that advertisers need a sharper picture of audiences who no longer…
Category: Business & Economy
Sygnus co-founder Ike Johnson to step down as COO
Sygnus Capital Group Ltd says co-founder Dr Ike Johnson will leave his post as executive vice-president and chief operating officer (COO) on December 31, ending a decade in the senior ranks of the…
Fesco opening more stations
Future Energy Source Company Ltd (FESCO) plans to open two more dealer-owned service stations this year, which would take its network to 26 islandwide. The expansion follows record sales and rising operating profit,…
Hurricane Melissa’s real lesson – It could hit again
The day after Hurricane Melissa passed, many Jamaicans walked outside to find a different world. The roofs of their houses were gone. Trees lay across roads. Businesses were shuttered. Some families stood silently…
Pandora opens $150-million Vietnam jewellery factory powered by renewable energy
Danish jewellery company Pandora has opened the world’s largest fine-jewellery crafting facility in Vietnam, a US$150-million factory powered entirely by renewable electricity and using 100 per cent recycled gold and silver. The expansion…
Payoneer renews Etsy deal, but most Jamaican sellers remain shut out
Payoneer, the cross-border payments company many Jamaicans use to collect overseas earnings, has renewed its partnership with global marketplace Etsy through to 2029. The renewal continues Payoneer as a payment option for Etsy…
JMMB Group watching interest rates hikes, adds that Guyana market difficult to enter
Large financial provider JMMB Group Ltd said it is closely monitoring US interest rates and Middle East tensions, while flagging the Guyanese market as difficult to enter. “It’s a little volatile right now,”…
Hedge fund CEO Ken Griffin gives record US$3b to Carnegie Mellon to build Miami campus
Carnegie Mellon University announced on Wednesday that hedge fund chief executive Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges.
Mining, agriculture and tourism decline shrink economy by 2.9% – STATIN
Steep declines in mining, agriculture and tourism-related activities helped shrink Jamaica’s economy by 2.9 per cent in the April-June quarter, according to the Statistical Institute of Jamaica (STATIN). In its quarterly Gross Domestic…
Oran A Hall | Inflation is a thief
Inflation is a thief: it steals purchasing power, it steals the value of interest on savings accounts, it steals the value of some forms of investment income, and it steals living standards. It…