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Category: Business & Economy

Business & Economy

The $100m murals of Kingston

infojamaica
December 27, 2024

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…

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Business & Economy

QWI wants more US stocks after Nvidia bounce

infojamaica
December 27, 2024

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…

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Business & Economy

Fake AI reviews for Christmas

infojamaica
December 24, 2024

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…

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Business & Economy

First Rock buys $1.6B stake in Cayman complex

infojamaica
December 22, 2024

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…

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Business & Economy

United seeks more funds to support Jamaica

infojamaica
December 22, 2024

United Oil…

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Business & Economy

Ja earns J$25 billion for Massy

infojamaica
December 20, 2024

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,…

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Business & Economy

NHT embarking on solar drive to slash $287-million light bill

infojamaica
December 20, 2024

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…

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Business & Economy

Jury convicts Cash App killer

infojamaica
December 19, 2024

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,…

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Business & Economy

Outsourcing to refinance $3.5 billion

infojamaica
December 18, 2024

Jamaica-based Outsourcing Management Limited (OML), which trades as iTel, plans to refinance $3.5 billion in debt, offering bondholders the option to convert their holdings into shares, provided the company lists on the stock…

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Business & Economy

Lumber rebounds from Hurricane Beryl

infojamaica
December 18, 2024

Lumber Depot Ltd which operates a hardware store in Papine, St Andrew, made higher profit for its second quarter which signalled a rebound from earlier disruptions from Hurricane Beryl. The outlook remains cautious…

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