Climate change will reduce future global income by about 19 per cent in the next 25 years compared to a fictional world that’s not warming, with the poorest areas and those least responsible…
Category: Business & Economy
Gas prices up, diesel down this week
Motorists will pay more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $2.59 to sell for $177.26 per litre…
Clarke explains why no recovery yet in $3 billion SSL fraud case
Finance Minister Dr Nigel Clarke is reporting that recovery of the more than $3 billion lost from 200 accounts in the alleged fraud at Stocks and Securities Limited (SSL) cannot start until after…
Confidence flat amid rising concerns over income and crime
The consumer and business confidence indices for the first quarter of 2024 were flat relative to the previous quarter, weighed down by concerns about crime and spending power. Consumer confidence stayed level at…
Two more credit unions to merge
Two of Jamaica’s medium-sized credit unions are awaiting the green light from their membership in the proposed merger of Gateway Co-operative Credit Union with EduCom Co-operative Credit Union. The first of two special…
First drug to slow Alzheimer’s off to sluggish start
The first drug shown to slow Alzheimer’s disease hit the United States market over a year ago, but sales have lagged, major hospital systems have taken months to start using it, and some…
Digicel Group appoints Marcelo Cataldo as its new CEO
Digicel Group has announced Marcelo Cataldo as its new Group Chief Executive, effective May 1. Originally from Paraguay, Cataldo has diverse international experience having worked across Latin America, the US and Europe, Digicel says….
Digicel appoints Marcelo Cataldo as its new CEO
Digicel Group has announced Marcelo Cataldo as its new Group Chief Executive, effective May 1. Originally from Paraguay, Cataldo has diverse international experience having worked across Latin America, the US and Europe, Digicel says….
Twin towers for BOJ
The Bank of Jamaica will be adding a second tower to its Nethersole Place headquarters, an investment necessitated by its expanding regulatory portfolio. The BOJ building, which sits on the Kingston waterfront, is…
Lloyd’s of London enters medical insurance market in Jamaica
After about 20 years of quiet operation, serving individuals and families in Jamaica, Lloyd’s of London is entering the employee benefits insurance market. The company is more perceived as a reinsurer but is…