TARGETING PORTMORE in St Catherine or more online shopping traffic, Derrimon Trading Company Limited subsidiary Sampars is offering that community free delivery of groceries on set days. The company has spent what was described as “several thousand...
LONDON (AP): NORWEGIAN STARTUP Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb. That is because a new United States (US) clean energy law offers...
YOU FINALLY have time to look back at outputs from prior strategic planning retreats. A quick glance reveals an approach they used which includes ‘pillars’. If so, be aware: there are some drawbacks to this technique that could lead to a weak plan...
A DIGITAL currency is legal tender issued by the central bank, such as the Bank of Jamaica (BOJ), and complements physical forms of currency like notes and coins. It has the same value as the other forms of currency, so it can be exchanged one-for-...
LAST WEEK’S article, ‘Insurance literacy matters’, was placed next to one by my colleague Yanique Page – ‘Profiting from ignorance of small business’. Alert readers, like my editor, saw the link between the two. A lack of knowledge or a knowledge...
THE BANK of Jamaica (BOJ) spent US$1.0 billion in defending the local dollar since the onset of the pandemic, but the country’s outlook, like that of the Caribbean, remains very challenging, according to Dr Wayne Robinson, deputy governor at the...
APRIL 17 Statistical Institute of Jamaica release of monthly Consumer Price Index/Inflation data for March 2023. APRIL 19 138 Student Living Jamaica Limited annual general meeting, at Jamaica Pegasus Hotel, 81 Knutsford Boulevard, New Kingston...
DIRECTOR OF Health Applications at Advanced Integrated Systems (AIS), Shekar Sanumpudi, indicates that the company is targeting a growing healthcare technology market within the wider Caribbean. Already, the company’s Provider Access System (PAS)...
BY JULY 1, 2023, Marathon Insurance Brokers, MIB, will have a new leader. Levar Smith, the present CEO, will have the title of president and CEO. Outgoing Executive Chairman Richard Burgher said the MIB board has already signed off on the...
MPC CARIBBEAN Clean Energy booked its largest audited net loss while extending its convertible debt load for another three years. The company’s outlook remains positive despite the 2022 setbacks. The unaudited US$700,700 net income booked by MPC in...
GEORGETOWN, Guyana (CMC): GUYANA ANNOUNCED on Wednesday an extension of its deadline for the 2022 licensing round’s bid submission for 14 oil blocks to July 15 this year. The Ministry of Natural Resources said industry feedback and the advanced...
BENGALURU, India (AP): THE INCOMING president of the World Bank was born in India and forged his early business success there, a fact supporters say gives Ajay Banga valuable insight into the challenges faced by the developing countries the bank is...
BEIJING (AP): CHINA’S EXPORTS rebounded unexpectedly to growth in March despite a decline in United States, US, and European demand, following interest rate hikes to cool inflation. Exports rose 14.8 per cent over a year earlier to $315.6 billion,...
MEN TEND to dominate the arts economy in Jamaica both as artists and buyers, even though the key gallery owners and gatekeepers are women. Gatekeepers argue that it makes the art economy much smaller than its true size. “We have a wealth of talent...
A MEETING in the Supreme Court next week is expected to see approval secured for a purchaser for Mystic Mountain Limited, MML, the Jamaican attraction which has been placed in bankruptcy, and for which the courts have appointed officials to restore...
CABRA RANCH Ventures Limited in Highgate, St Mary, is owned and run by Trudy Wilson and Ray Hammond, who say they were motivated by a love of goat milk products. They started the farm after doing research, and made an interesting discovery. “Only...
The Jamaica Stock Exchange (JSE) Combined Index again reversed the previous day's gains. An even more hectic trading session, ended with an advance/decline ratio of 42/47. The JSE Combined Index declined by 1,463.69 points or 0.42 per cent, to...
WASHINGTON (AP): UNITED STATES (US) consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet, prices are still rising fast enough to keep the...
The Jamaica Stock Exchange (JSE) Combined Index reversed Tuesday's losses on Wednesday. Another hectic trading session ended with an advance/decline ratio of 48/47. The JSE Combined Index advanced by 2,177.19 points or 0.63 per cent to close at...
MANAGING DIRECTOR at the National Export-Import (EXIM) Bank, Lisa Bell, is stepping down from her post on April 30, 2023. Bell has been at the helm of the state finance agency for 13 years. She joined the EXIM Bank in 2010, having previously served...
TOKYO (AP): The new governor of Japan’s central bank signalled on Monday that he plans no drastic changes in its ultra-low interest rate policy, sticking to earlier messaging on the topic. Bank of Japan Governor Kazuo Ueda said Japan’s financial...
OMAHA, Nebraska (AP): BILLIONAIRE WARREN Buffett’s company has increased its investments in five major Japanese trading houses to give Berkshire Hathaway control of 7.4 per cent of each of those conglomerates. Buffett disclosed the new investments...
KAYA GROUP, one of the largest ganja chains on the island, generated US$2.2 million ($330 million) for its December 2022 year end, or 25 per cent higher year on year with details emerging of its celebrity minority shareholders. The company...
ENTERTAINMENT BRAND builder and restaurateur Chad Williams is spreading his wings to the Dominican Republic, DR, and simultaneously opening a new restaurant in Kingston. The entrepreneur is capitalising on more than a decade’s worth of experience...
