In Friday’s trading session the following reflects the movement of the JSE Indices: – The JSE Combined Index declined by 560.06 points ( 0.14 %) to close at 389,217.95 points and the volume…
Category: Business & Economy
Stop telling unemployed graduates to ‘just start a business’
For over a year, my friend’s son has been waking up to the same unsettling routine: tailor his résumé, modify the cover letter, submit the applications, keep checking for a response, and continue…
US economy grew 2.2 per cent in the second quarter, government says, upgrading previous estimate
The US economy grew at a solid 2.2 per cent pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product – the nation’s output…
Market Research media survey expands with AI
The company behind Jamaica’s long-running All Media Survey is rebuilding the study around artificial intelligence (AI) and a longer measurement window, betting that advertisers need a sharper picture of audiences who no longer…
Sygnus co-founder Ike Johnson to step down as COO
Sygnus Capital Group Ltd says co-founder Dr Ike Johnson will leave his post as executive vice-president and chief operating officer (COO) on December 31, ending a decade in the senior ranks of the…
Fesco opening more stations
Future Energy Source Company Ltd (FESCO) plans to open two more dealer-owned service stations this year, which would take its network to 26 islandwide. The expansion follows record sales and rising operating profit,…
Hurricane Melissa’s real lesson – It could hit again
The day after Hurricane Melissa passed, many Jamaicans walked outside to find a different world. The roofs of their houses were gone. Trees lay across roads. Businesses were shuttered. Some families stood silently…
Pandora opens $150-million Vietnam jewellery factory powered by renewable energy
Danish jewellery company Pandora has opened the world’s largest fine-jewellery crafting facility in Vietnam, a US$150-million factory powered entirely by renewable electricity and using 100 per cent recycled gold and silver. The expansion…
Payoneer renews Etsy deal, but most Jamaican sellers remain shut out
Payoneer, the cross-border payments company many Jamaicans use to collect overseas earnings, has renewed its partnership with global marketplace Etsy through to 2029. The renewal continues Payoneer as a payment option for Etsy…
JMMB Group watching interest rates hikes, adds that Guyana market difficult to enter
Large financial provider JMMB Group Ltd said it is closely monitoring US interest rates and Middle East tensions, while flagging the Guyanese market as difficult to enter. “It’s a little volatile right now,”…