Category: Business & Economy

The supply of sorrel, a favourite Christmas drink in Jamaica, has declined this season with at least one supplier paying up to 60 per cent more to source the crop. The market blames…

The vibrant murals by Kingston Creative are transforming the streets and perception of downtown Kingston, with its latest client being the Bank of Jamaica (BOJ). The organisation aims to develop leisure and business…

QWI Investments has managed to turn the page on a string of annual losses aided by adding more US stocks to its portfolio, including Nvidia. Going forward, management wants to grow its US…

The emergence of generative artificial intelligence tools that allow people to efficiently produce novel and detailed online reviews with almost no work has put merchants, service providers and consumers in uncharted territory, watchdog…

In a deal worth $1.6 billion, First Rock Real Estate Investments has acquired a stake in a commercial complex in the Cayman Islands. It’s the largest transaction in that territory for the Jamaica-based…

United Oil…

Gas acquisitions led the Jamaica operations of Massy to increase its revenue by one third in the last financial year. The purchases pushed year on year revenue to J$25 billion (US$160 million). Massy,…

The National Housing Trust (NHT) aims to reduce its energy costs by $287 million by installing solar panels at 10 locations. The initiative is part of the government’s push for sustainable development. The…

A San Francisco jury on Tuesday found a tech consultant guilty of second-degree murder in the stabbing death of Cash App founder Bob Lee. It carries a sentence of 16 years to life,…

Jamaica-based Outsourcing Management Limited (OML), which trades as iTel, plans to refinance $3.5 billion in debt, offering bondholders the option to convert their holdings into shares, provided the company lists on the stock…