THE VALUE of bank fraud dipped to roughly $700 million in 2022, the lowest in five years, according to the Bank of Jamaica, BOJ, in its recent Financial Stability Report 2022. Local banks…
Tourism start-ups pitching to ‘sharks’
THE GOVERNMENT plans to host a ‘Shark Tank’-style pitch room to evaluate its ongoing tourism incubator participants. “At ‘Shark Tank’, entrepreneurs can have one of two results: The entrepreneur can be chosen by…
FCJ bullish on new Portmore development
FACTORIES CORPORATION of Jamaica, FCJ, is treading softly with its planned, expanded commercial park in Naggo Head, Portmore, waiting for the last two months for approval from Cabinet before disclosing costs for the…
Jamaica Ranks No. 1 in Caribbean in 2023 Happiness Report
Only two countries in the Caribbean – Jamaica and the Dominican Republic – were listed among the 132 ranked nations in the 2023 World Happiness Report, a publication of the UN Sustainable Development…
Reggae Is One of the World’s 10 Favorite Music Genres
According to the “Engaging with Music” study of 2022, reggae ranked Number 10 among the most popular music genres in the world. The study, commissioned by the International Federation of the Phonographic Industry…
Cornerstone’s roots deepen among Ja’s top tier
THE PRIVATELY held Cornerstone Group, which recently received the greenlight from the central bank to reorganise into, and seek a licence as, a financial holding company, has valued itself just shy of US$1…
US chip controls threaten China’s technology ambitions
BEIJING (AP): FURIOUS AT US efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their own…
Health shock
UNITED KINGDOM (UK) health services provider Cambridge University Hospitals has been seeking to recruit registered nurses and midwives for full-time, qualified nursing positions in all clinical areas across the hospital, with a fresh…
CAC 2000 strikes partnerships to fix losses
FACED WITH a first quarter loss and peaks and troughs in its revenue flows, air conditioning company, CAC 2000 Limited, has struck a deal with Real Marketing out of Trinidad and Tobago to…
Stock market loses $5 billion on Monday
THE JAMAICA Stock Exchange, JSE, now hovers at just above pandemic lows following its slide on Monday that wiped out $5 billion in market value. Suffering its biggest day of losses in at…