Category: Business & Economy

Cement maker Caribbean Cement Company Limited expects to spend over US$51 million ($8 billion) this year as capital expenditure to complete its plant expansion while embarking on new projects. It would equate to…

Airlines, banks, hospitals, and other risk-averse organisations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches. But all it took was one faulty CrowdStrike software…

In just over six months, Christopher Williams will exit the stage as operational head of Proven and head into retirement, with no word yet as to who his successor is likely to be….

Two companies, each of which is headed by former executives of power utility JPS, have been shortlisted for renewable energy contracts that the Government of Jamaica is in the process of tendering. Sunterra…

An Australian computer scientist found to have falsely claimed to be the mysterious creator of the bitcoin cryptocurrency will be referred to British prosecutors for “wholescale perjury and forgery of documents”, a London…

Motorists will pay $1.17 less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $177.80 per litre and a…

Business and consumer confidence declined in the June second-quarter 2024 period due to crime and the cost of living. “The macro situation looks good, but in terms of [consumers] own situation, they are…

Food manufacturer and distributor Seprod Limited has cranked up its second five-year programme of expansion. This time the company is targeting Central America and elsewhere in Latin America for a buildout of its…

Tense deliberations over how and if to allow deep sea mining unfolded Monday in Jamaica as at least one company threatened to apply for permission before rules and regulations are in place. More…

A leading expert on banking fraud is calling for lengthy sentences for bank employees who steal funds while on the job. Dane Nicholson, co-chair of the Jamaica Bankers Association’s Anti-Fraud Committee, said the…