Wed | Nov 29, 2023

Business

Published:Wednesday | November 1, 2023 | 10:21 AM

QUESTION 1: I started working with an accounting firm in February of this year and was sent home in May due to the pandemic. I have been job searching since then. I also taught accounts for three years. Can you please help me find a job that can...

Published:Wednesday | November 1, 2023 | 12:08 AM

The 138 Student Living Jamaica Limited has only once paid dividends to holders of its common stock since its listing nearly a decade ago, but now the company says it plans to start making regular distributions. The announcement comes amid plans to...

Published:Wednesday | November 1, 2023 | 12:06 AMSteven Jackson/Senior Business Reporter

NCB Financial Group received shareholder approval on Tuesday to sell up to 450 million new shares to investors. It puts the potential size of the additional public offering at about $27.8 billion based on the NCBFG stock’s current market price. At...

Published:Thursday | November 2, 2023 | 3:52 PMAvia Collinder - Business Writer

The National Housing Trust, NHT, says the number of homeowners in default on their mortgages is on the decline, even while reporting that the delinquencies are in the region of 14 per cent of its portfolio. Up to last week, the housing agency's...

Published:Wednesday | November 1, 2023 | 12:06 AM

The Biden administration’s fight against consolidation in the airline industry is being tested as lawyers for JetBlue Airways and the United States Justice Department squared off in court. The administration is suing to block JetBlue’s proposed US$...

Published:Wednesday | November 1, 2023 | 12:05 AM

Toyota will invest an additional US$8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, United States, more than doubling its prior investments and expected number of new jobs, the company announced...

Published:Wednesday | November 1, 2023 | 12:05 AM

Haiti’s government has banned all charter flights to Nicaragua that migrants fleeing poverty and violence had been increasingly using in their quest to reach the United States, according to a bulletin issued on Monday that The Associated Press...

Published:Wednesday | November 1, 2023 | 10:14 AM

William Shakespeare’s 1597 comedy Love’s Labour’s Lost tells the story of four Frenchmen as they navigate the tension between commitment to intellectual development and the quest for domestic bliss. Some four centuries later, Harvard economist...

Published:Wednesday | November 1, 2023 | 12:05 AM

The Ministry of Culture, Gender, Entertainment and Sport is polling registered entertainment sector members to gauge their level of interest in the development of a group health and life insurance scheme for the sector. In outreach that began in...

Published:Wednesday | November 1, 2023 | 12:05 AM

Caribbean Cement Company Limited, CCC, wrapped up its third quarter with a substantial profit of $1.9 billion, and the company is signalling that Monday’s quake is unlikely to shake its bottom line. The dust that seemed to envelope the Rockfort...

Published:Wednesday | November 1, 2023 | 12:05 AM

Gregg Dennis of Business Recovery Services Limited has been appointed as the new trustee for adventure park operator Mystic Mountain Limited in bankruptcy. It follows the rescinding of an injunction previously issued by Justice Stephane Jackson-...

Published:Tuesday | October 31, 2023 | 12:05 AM

Environmental groups have urged a moratorium on deep-sea mining ahead of a meeting of a UN body in Jamaica that conservationists fear will soon authorise the world’s first licence to harvest minerals from the ocean floor. More than 20 countries...

Published:Sunday | October 29, 2023 | 12:09 AM

FTX founder Sam Bankman-Fried testified at his New York trial on Friday, denying that he defrauded anyone but acknowledging that the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead...

Published:Sunday | October 29, 2023 | 12:08 AM

Like most, your company doesn’t have a true product development unit. Instead, folks just run their ideas by the CEO. It’s all quite ad hoc in which the next steps depend on their mood at the moment more than anything else. But as you survey the...

Published:Sunday | October 29, 2023 | 12:08 AM

Guardsman Group wants a portion of the cash local companies are doling out to protect their businesses from cybercrime. Concurrently, the security company is broadening its offerings to improve its onsite protection services. Guardsman company has...

Published:Sunday | October 29, 2023 | 12:07 AM

“We love battery EVs.” Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasise what he considers the message at this year’s Tokyo auto show. It’s a message ringing clear at the Tokyo Mobility...

Published:Sunday | October 29, 2023 | 12:07 AM

A first- and second-quarter slowdown in the construction sector coincided with a fall in profit at manufacturing and distribution company Paramount Trading Jamaica Limited at the kick-off of its current financial year. The company did 28 per cent...

Published:Sunday | October 29, 2023 | 12:06 AM

The Financial Gleaner of September 29, 2023, carried a report stating that food manufacturing and distribution company Seprod received approval from its shareholders to increase its authorised share capital. This will allow the company to put more...

Published:Sunday | October 29, 2023 | 12:06 AM

Today’s article will examine interactions between a motorist and the insurance compensation system, as reported in last Sunday’s Observer. My aim is to provide readers with information that helps them avoid the experiences of that motorist and to...

Published:Sunday | October 29, 2023 | 12:05 AM

Recently, Prime Minister Andrew Holness announced that Jamaica was looking to include small modular reactor or SMR nuclear power plants among Jamaica’s energy sources. This was repeated by Energy Minister Daryl Vaz in a sectoral debate....

Published:Sunday | October 29, 2023 | 12:05 AM

Call Center Solutions, CCS, a business process outsourcing company headquartered in Florida but with service centres in Jamaica only, is expanding in Montego Bay, adding a new location to support its resort clientele. CCS President Paul Wohlford...

Published:Sunday | October 29, 2023 | 12:05 AMAvia Collinder - Business Writer

Jamaica Standard Products Limited, JSP, is venturing into what General Manager John Minott says is its first full-blown café, to be called Island Blue Coffee House, a brand to be tested initially in the coffee company’s home parish of Manchester....

Published:Friday | October 27, 2023 | 1:02 PM

Fluctuations in commodity prices arising from the war between Israel and Hamas and a downturn in remittance flows could negatively affect Jamaica’s growth prospects, staff of the International Monetary warned on Thursday. Already, remittance...

Published:Friday | October 27, 2023 | 12:09 AM

Petroleum marketing company Rubis Energy Jamaica Limited will start construction on a new service station adjacent to the Portmore toll plaza early in the new year. The investment was not disclosed. Its last station developed at Catherine Hall in...

Published:Friday | October 27, 2023 | 12:09 AM

The European Central Bank left interest rates unchanged on Thursday for the first time in over a year as the Israel-Hamas war brought even more gloom to the downbeat prospects for Europe’s economy. It is the bank’s first meeting with no change...

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