Michael Lee-Chin, chairman of NCB Financial Group Limited, plans to help his workforce of over 5,560 become “exportable” to drive growth and double profits. It aligns with the investor’s broader philosophy for freer…
Category: Business & Economy
FTC recommends central sharing system for credit bureaus to benefit consumers
The Fair Trading Commission, FTC, is projecting $54 million in savings for consumers over three years, if the credit bureau sector were to set a central sharing system. Such a system, it said,…
Debt collectors seek recognition under the Data Protection Act
Stating that they play an important role in the functioning of Jamaica’s economy, debt collection agencies are pushing for greater recognition from the government so they can have greater leverage to recover monies…
Negotiators fail to reach agreement on plastic pollution treaty
Negotiators working on a treaty to address the global crisis of plastic pollution for a week in South Korea won’t reach an agreement and plan to resume the talks next year. They are…
138 Student Living debt solution by June 2025
Student accommodation company 138 Student Living Jamaica Limited is still hunting for a solution for its debt load of $3.2 billion year ending September. The company spent $331.78 million over the financial year…
Jetcon exiting used-car market by end-December
By year end, used car dealer Jetcon will be turning the page on the business that has been its mainstay for the past 35 years. The company will shift to selling new cars….
Chris Williams sets up new business to Spark more FDI flows
On his way out the door at Proven, investment banker and entrepreneur Christopher Williams has found a new challenge. He has set up a new company called Spark FDI Limited, which will operate…
Landmark fish and meat markets in London to close, ending 1,000 years of tradition
Two of London’s most famous markets – one selling fish, the other meat – are set to close in the coming years, bringing an end to traditions stretching back to medieval times. On…
Gas prices going down Thursday
Motorists will pay less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $0.28 to sell for $158.13 per…