Tax Administration Jamaica and Bank of Jamaica, BOJ, which regulate various aspects of commerce, want to know more about your online Christmas shopping. It forms part of a wider effort to get more…
Category: Business & Economy
$90b lost in 2023
JAMAICAN stocks fell for a second year in a row in 2023, shedding almost $90 billion in value across both the main and junior markets as investors, stung by a decade high inflation…
NCB Financial adds former bank CEO to board
NCB Financial Group Limited (NCBFG) has added Gary W Brown to its subsidiary board as lead independent director, Professor Alvin Wint is set to retire from the company’s board next month. Brown joined…
‘We are more than mining’
“Business opportunities are like buses; there’s always another one coming.” This quote from British billionaire Richard Branson, the chairman of the Virgin Group, prominently displayed on the website of Jamaica Bauxite Mining Limited…
Souvenir sellers banned from Brooklyn Bridge
Visitors to New York City hoping to take home a souvenir from the Brooklyn Bridge will now have to settle for a photograph, as vendors are about to be banned from the iconic…
Gas and diesel prices going down $3.06
Motorists will pay less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $3.06 to sell for $165.40 per…
Sagicor Group announces Panama entry
Sagicor Group Jamaica Limited (SJ) has started 2024 with a splash, announcing on Monday that its Costa Rican joint venture had acquired Sagicor Panama SA in the latest move towards growing its regional…
IEC inks strategic partnership deal with Huawei
INNOVATIVE Energy Company (IEC) Limited (formerly IEC SPEI Limited) has inked a partnership deal with Chinese technology company Huawei that will see both companies collaborating on the implementation of several solar energy projects…
Two more dry years projected for stocks
The combined indices of the Jamaica Stock Exchange, JSE, will likely struggle for two more years to 2025, which is the expected timeline for a smooth landing from the reduction in interest rates…
CHEC to build over 800 residences on historic Mammee Bay property
China Harbour Engineering Company, CHEC, will be constructing a gated residential complex at Mammee Bay, St Ann, on lands revered for its rivers and ancient indigenous settlements, according to an environmental impact assessment…
