The Financial Investigations Division (FID) has gone to market for a real estate brokerage firm to sell 11 properties taken from criminals, the first concrete step towards the privately run disposal programme the…
Category: Business & Economy
Imani Tafari-Ama | Reparations, sovereignty and the politics of justice
Aren’t you tired of dealing with successive government administrations that do not get it? Aren’t you fed up with the utter fraud of continuing to bow to the King of England as Jamaica’s…
Ja’s crime rate nears Costa Rica’s, but growth promise unfulfilled
There are few instances in economic life when the business community can expect a tangible return on an external shift without cutting another cheque, and the dramatic fall in Jamaica’s murder rate ought…
Rate-hike expectations climb from a fifth to a third among local business leaders
Jamaican business leaders expect inflation to ease to 6.8 per cent by December, even as a growing share anticipate that the Bank of Jamaica (BOJ) will raise interest rates. The central bank’s July…
Ibex cuts 1,405 Jamaican workstations, shuts half island centres
Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year to June, stripping out 37 per cent of its Jamaican…
Apple TV comes to Jamaica, and VPNs can go
Jamaican subscribers can now reach Apple TV through a storage plan that costs US$0.99 a month, less than the price of a patty, while Americans pay 15 times as much for the service…
Rock Solid scales staff eightfold on tank demand
Rock Solid Plastics Ltd turns out up to 150 water tanks a day from its Kingston factory and now employs 40 people, up from five when it started in 2020. The company said…
Food replaces transport as inflation driver, says finance minister
Jamaica’s inflation problem has shifted from transport costs to drought-hit food prices, Minister of Finance and the Public Service Fayval Williams said on Wednesday, as she argued that the economy has weathered Hurricane…
Fed defies Trump with first rate rise in 3 years
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White…
Microsoft commits to sweeping AI privacy rules for students
Millions of students every day turn to AI chatbots for help with schoolwork, emotional support and personal advice – often unaware of where their conversations and other personal information end up. How that…
