PERSONS BASED overseas sent US$3.13 billion in remittances to Jamaicans in 2023, which equated to a 2.0 per cent fall, or the largest slide in at least a decade, according to Bank of…
Category: Business & Economy
NCB Staff Association scores landmark win on profit share
The National Commercial Bank (NCB) Staff Association has triumphed in Jamaica’s final appellate court, the Privy Council. This comes as NCB lost its appeal in a long-running legal fight with workers seeking their…
Video game actors letting AI clone their voices but don’t want it to replace them
If you are battling a video game goblin who speaks with a Cockney accent, or asking a gruff Scottish blacksmith to forge a virtual sword, you might be hearing the voice of actor…
JMMB DOUBLE WINDFALL
FINANCIAL CONGLOMERATE JMMB Group benefitted from a double windfall that resulted in the rocketing of its profit and capital. JMMB made profit of $15.1 billion for its December 2023 third-quarter, or 278 per…
WIHCON floats Chester Creek, gated community in Portmore
WEST INDIES Indies Home Construction Limited (WIHCON) is building a new gated community in Westchester, Portmore, St Catherine named Chester Creek. It is to be composed of four phases of residential and commercial…
ADVERTORIAL | Twelve tax tips for filing income tax returns
The following content is created and paid for by Tax Administration Jamaica. It’s that time of year when companies, company directors, self-employed persons and employed persons who earn additional income should be in…
Cal’s Manufacturing expands
FOOD MANUFACTURING and packaging company Cal’s Manufacturing Limited, which targets low-cost, high-demand foods and consumer products, has added more operating space as it seeks to increase output to both local and exports markets….
Fontana confident in consumers
THE PHARMACY chain Fontana Limited bagged $341 million in record profit from its second quarter, which ended in the busy Christmas season. It resulted in a 5.0 per cent growth in profit, in…
Date-night strike
Thousands of ride-hailing and delivery workers in the United States (US) and the United Kingdom (UK) went on strike on Valentine’s Day, calling for higher pay and other changes to their working conditions….
Artificial intelligence, real emotion
NEW YORK: A few months ago, Derek Carrier started seeing someone and became infatuated. He experienced a “ton” of romantic feelings, but he also knew it was an illusion. That’s because his girlfriend…