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Category: Business & Economy

Business & Economy

Scotia weighs in on legacy FX spreads, testing digital wallet

infojamaica
September 11, 2024

Scotia Group Jamaica Limited, SGJ, operator of Jamaica’s second largest bank, said on Monday that the handling of US cash was costly, resulting in the partial pass-through of the expense to customers in…

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Business & Economy

Battery-powered devices are overheating more often on planes and raising alarm

infojamaica
September 10, 2024

Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected…

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Business & Economy

Scotia looking to offer Apple Pay and Samsung Pay by next year

infojamaica
September 9, 2024

Scotia Group Jamaica (SGJ) plans to offer Apple Pay and Samsung Pay by next year, as part of plans to widen digital wallet acceptance. However, there is still no word on the largest…

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Business & Economy

Yaneek Page | Get ready for the social commerce wave

infojamaica
September 8, 2024

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…

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Business & Economy

The right education in Jamaica can lead to rapid growth, says IFC’s Diop

infojamaica
September 8, 2024

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…

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Business & Economy

Jamaica reassessing First-World nation goal under Vision 2030

infojamaica
September 6, 2024

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…

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Business & Economy

Costs hampering installation of EV chargers

infojamaica
September 6, 2024

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…

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Business & Economy

Afreximbank to support Caribbean countries affected by Hurricane Beryl

infojamaica
September 6, 2024

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…

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Business & Economy

Flow Jamaica’s losses amass to $47 billion

infojamaica
September 6, 2024

Cable…

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Business & Economy

Musk’s Starlink backtracks, will comply with judge’s order to block X in Brazil

infojamaica
September 5, 2024

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…

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