What is the best way for entrepreneurs and small businesses to sell more in 2025? The answer may be to invest heavily in social media to drive social commerce, which has taken hold…
Category: Business & Economy
The right education in Jamaica can lead to rapid growth, says IFC’s Diop
Improving education levels of Jamaica’s workforce is key to the country attracting some types of investment possible under large public-private partnership agreements, called PPPs, which can lead to rapid economic growth. This is…
Jamaica reassessing First-World nation goal under Vision 2030
With six years to go to meet its time line, Jamaica has achieved 60 per cent of its goal towards developed-world status under its Vision 2030: National Development Plan. The likelihood of fully…
Costs hampering installation of EV chargers
eMobility company, Evergo, is dialling back on its plans for the deployment of up to 300 EV chargers across Jamaica. CEO Wayne McKenzie said three critical factors related to power distribution, grid infrastructure…
Afreximbank to support Caribbean countries affected by Hurricane Beryl
CAIRO, Egypt, CMC – The African Export-Import Bank (Afreximbank) on Wednesday announced that it is donating more than half a million US dollars to aid disaster relief and rebuilding efforts across Caribbean countries…
Musk’s Starlink backtracks, will comply with judge’s order to block X in Brazil
Elon Musk’s satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice’s order to block the billionaire’s social media platform, X. Starlink said in a…
Gas prices down $2.62
Motorists will pay $2.62 less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $169.52 per litre and a litre of E-10…
Jamaica’s economic growth flattens in June quarter
The Planning Institute of Jamaica (PIOJ) has reported that the economy remained relatively flat, with an estimated growth of 0.1 per cent during the April to June 2024 quarter. The PIOJ forecasts the…
Wisynco expansion cost rises to $7b, heading towards the finish line
Beverage maker and consumer goods distributor Wisynco Group Limited is already reaping gains from its big investment in expanding its operations. Wisynco has now commissioned two major components of its expansion programme which…
