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Category: Business & Economy

Business & Economy

JSE releases green bond guide

infojamaica
July 24, 2024

The Jamaica Stock Exchange, JSE, has released its green, blue and sustainability bond guidelines to the market, giving brokers a list of additional procedures for such ‘thematic’ investments. “This guide sets the necessary…

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Business & Economy

MSME Alliance welcomes TOOL programme, but wants loan rates retooled

infojamaica
July 24, 2024

A new programme under which tradespersons can acquire tools for their occupation will provide financing at interest rates as low as nine per cent, but the MSME Alliance, while endorsing the initiative, believes…

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Business & Economy

Most airlines recovering from tech outage, Delta still struggling

infojamaica
July 23, 2024

Delta Air Lines struggled for a fourth straight day to recover from a worldwide technology outage caused by a faulty software update, stranding tens of thousands of passengers and drawing unwanted attention from…

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Business & Economy

Caribbean Cement to spend record $8b on projects

infojamaica
July 21, 2024

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…

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Business & Economy

Risk-averse organisations chose CrowdStrike for cybersecurity. On Friday its software caused chaos

infojamaica
July 21, 2024

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…

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Business & Economy

Chris Williams to retire as Proven CEO next January

infojamaica
July 19, 2024

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….

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Business & Economy

Sunterra, Wigton shortlisted for renewable energy projects

infojamaica
July 19, 2024

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…

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Business & Economy

Computer scientist who claimed to invent bitcoin referred to prosecutors for perjury

infojamaica
July 18, 2024

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…

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Business & Economy

Gas prices down $1.17, diesel down $1.08

infojamaica
July 17, 2024

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…

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Business & Economy

Confidence crushed by crime and costs but not climate

infojamaica
July 17, 2024

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…

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