Category: Business & Economy

An Australian computer scientist found to have falsely claimed to be the mysterious creator of the bitcoin cryptocurrency will be referred to British prosecutors for “wholescale perjury and forgery of documents”, a London…

Motorists will pay $1.17 less for gas and diesel when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $177.80 per litre and a…

Business and consumer confidence declined in the June second-quarter 2024 period due to crime and the cost of living. “The macro situation looks good, but in terms of [consumers] own situation, they are…

Food manufacturer and distributor Seprod Limited has cranked up its second five-year programme of expansion. This time the company is targeting Central America and elsewhere in Latin America for a buildout of its…

Tense deliberations over how and if to allow deep sea mining unfolded Monday in Jamaica as at least one company threatened to apply for permission before rules and regulations are in place. More…

A leading expert on banking fraud is calling for lengthy sentences for bank employees who steal funds while on the job. Dane Nicholson, co-chair of the Jamaica Bankers Association’s Anti-Fraud Committee, said the…

Having investigated electronic banking fraud in all its forms for years, Dane Nicholson is predicting another type of fraud by cyberscammers, referred to as “triangulation”, saying it will grow in significance in Jamaica…

Digicel Limited, which owns Paymaster Jamaica Limited, plans to work with the regulator to restore remittance services after uncovering a breach in its record keeping. Its licence was suspended by the central bank…

RA Williams Distributors Limited, which sells medicines, plans to raise $400 million this month through an initial public offering of shares on the junior market of the Jamaica Stock Exchange, JSE, priced at…

Flows of foreign direct investment into Jamaica, especially in the areas of tourism, and outsourcing and information technology, have grown to their highest level since the pandemic, when the flows were decimated amid…