Category: Business & Economy

Despite salary increases, persons in the lower-middle to upper-middle income bracket and the typical senior civil servant are hard-pressed to balance their household budgets, and real estate purchases are feeling the knock-on effects,…

A fourth-quarter purple patch for players of the lottery and sports betting games offered by Supreme Ventures Limited, SVL, put more winnings in their pockets and shrank profit by a fifth at the…

The Jamaican Government plans to start generating real-time data on the millions of persons entering the country by air and sea, using face scans and other biometric information that will be accessible by…

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said on Wednesday, despite recent reports showing that the United States economy is still strong and that…

The success of the Shorty bread line has prompted baking company Honey Bun to invest a billion dollars in its expansion. A new production facility is to be set up at the MJS…

Microlender Dolla Financial Services Limited made a profit of $419 million at year ending December, bettering the previous year’s performance by 50 per cent as more customers offered up their luxury possessions as…

Tropical Battery’s expected foray into the electric vehicle market through the distribution of ebikes is in limbo as the energy company awaits clarity from the Jamaican government on its tax policy regarding EVs….

Companies are betting on artificial intelligence to increase profits while slashing jobs. For Jamaica, one of the popular usages seems to involve the generation of the content that prefaces financial reports. However, a…

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unravelled with the collapse of FTX, once one of the…

Jamaica’s banking sector provides stability but might not be competitive enough, despite improvements in recent years. That, on the face of it, is the upshot of a new study done by Fair Trading…