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Category: Business & Economy

Business & Economy

Apple becomes first target of EU’s new digital competition rules

infojamaica
June 25, 2024

European Union regulators on Monday levelled their first charges under the bloc’s new digital competition rulebook, accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store. The…

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Business & Economy

PSOJ to redevelop headquarters into office hub

infojamaica
June 23, 2024

The Private Sector Organisation of Jamaica, PSOJ, will be developing its headquarters at Hope Road in Kingston, in collaboration with VM Group, a project that will transform the complex into a commercial hub….

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Business & Economy

JMMB still profits after $12b write-off

infojamaica
June 23, 2024

JMMB Group Limited, which offers financial services in four markets, made $11.8 billion in annual profit despite writing off a bad bond. The group wrote off $12.6 billion related to funds it loaned…

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Business & Economy

IT company PBS growing fastest in Musson Group, says PB Scott

infojamaica
June 21, 2024

Paul ‘PB’ Scott, chairman and CEO of regional conglomerate Musson Group, says its publicly listed information technology firm Productive Business Solutions Limited, PBS, is the fastest-growing company in the massive corporation. It aligns…

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Business & Economy

Doubling down on BPO status quo in counter to AI

infojamaica
June 21, 2024

The impact of artificial intelligence technology on the local outsourcing sector is expected to be minimal in the medium term, says Anand Biradar, president of the Global Services Association of Jamaica, GSAJ. In…

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Business & Economy

Trading to resume in EduFocal and Equityline Mortgage Investment Corporation shares

infojamaica
June 20, 2024

The Jamaica Stock Exchange (JSE) has announced that trading of EduFocal Limited and Equityline Mortgage Investment Corporation shares is to resume on Friday. The JSE says EduFocal Limited has now submitted its 2023 Audited Financial…

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Business & Economy

McDonald’s ending test run of AI-powered drive-thrus with IBM

infojamaica
June 20, 2024

Ever get your McDonald’s order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant’s current automated order taker will soon be coming to a close. McDonald’s confirmed Monday that…

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Business & Economy

Gas prices to increase Thursday

infojamaica
June 19, 2024

Motorists will pay more for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $0.25 to sell for…

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Business & Economy

Main Event earnings stumble in shifting market

infojamaica
June 19, 2024

Main Event Entertainment Group Limited, MEEG, a provider of stage and lighting, indicated that some large parties and events, including carnival, have been scaling in size, resulting in lower margins for promoters like…

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Business & Economy

FosRich USA launches from Tennessee base

infojamaica
June 19, 2024

FosRich USA is now up and running from its base in Tennessee. The associate of FosRich Company Limited has entered the United States in the niche space as a BME, or black and…

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