Two weeks ago, Trinidad & Tobago’s Prime Minister, Dr Keith Rowley, delivered a major speech that sought to define the future trajectory of his country’s energy policy...
ADVISORY COLUMN: SMALL BUSINESS In October 2018 a desperate entrepreneur contacted me for help. Her marketing consulting business was on the verge of collapse, and now posed a serious threat to her financial security and personal liberty. The...
Everything Fresh Limited, EFresh, has scrapped the production of pork and its by-products at its newly acquired business, Meats Experts, citing negative returns from the slaughtering of pigs. EFresh, which has been in the business of food...
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: Do we need a credit card to build credit score? Someone at the bank told me it is mandatory. – Michelle FINANCIAL ADVISER: Financial A credit bureau is an independent agency that compiles...
ADVISORY COLUMN: INSURANCE HELPLINE QUESTION: A family member was driving a European-made SUV recently when it suddenly accelerated. He said that he slowed down to negotiate a bend when the engine sped up. Because that was so unexpected, the...
The Sunday Gleaner of 9 February 2020 carried the story of Letay Williams entitled “Welcome to Traytown: Literature leads to screenwriting". If you haven’t read it, go do so. Whatever point you are in your career, it bears reading. Take some time...
P.A. Benjamin’s half-billion-dollar expansion of its downtown Kingston complex is expected to be completed in April. The manufacturer of consumer items sold under the Benjamins brand last year acquired a section of John’s Lane, which sits behind...
Insurance Company of the West Indies, ICWI, is planning its launch in a 10th market later this year. ICWI officially opened its ninth office in Dominica last month after the acquisition of the booker business of general insurance company First...
The Jamaica Stock Exchange (JSE) Combined Index continued its late week rally on Friday with an advance/decline ratio of 43/21. The index moved up by 2664.56 points or 0.56 per cent to close at 478,920.52. The JSE Main Market Index advanced by 2005...
C hina’s auto sales plunged in January, deepening a painful downturn in the industry’s biggest global market and adding to economic pressures as the country fights a virus outbreak. Sales of SUVs, sedans and minivans fell 20.2 per cent from a...
It is anxious days for Jamaican shipping interests as the financial fallout from the trade disruptions and shipping decline caused by the outbreak of the COVID-19 disease reached an estimated US$350 million a week, as reported by global news...
P aramount Trading (Jamaica) Limited has sealed a manufacturing and private labelling services agreement with local fuel marketer Future Energy Source Company Limited, Fesco, for its line of lubricants. The $216-million deal runs for three years...
Virus outbreak blamed for forecast fall in oil demand The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the first quarterly...
The publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country has filed for bankruptcy protection in the US Bankruptcy Court for the Southern District of New York. The newspaper industry has been...
OP-ED CONTRIBUTION: EMERGING MARKET ADVISER The environment is one of the most polemic topics of our day. From the New Green Deal to the Australian wildfires to the impassioned declarations of Greta Thunberg, there is plenty of fodder for vitriol...
Puerto Rico's government has lost more than US$2.6 million after falling for an email phishing scam, according to a senior official. The finance director of the island's Industrial Development Company, Rubén Rivera, said in a complaint filed to...
S hares of Tesla rose about 1.5 per cent in trading Thursday morning after the electric vehicle and solar panel maker said it would sell over US$2 billion worth of additional shares. The sale takes advantage of the company’s meteoric stock rise in...
A rgentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline for repayment, and simmering anger towards the International Monetary Fund, IMF. This is a big week for one of Latin...
Brokerage firms rate the TransJamaican Highway, TJH, initial public offering of shares as a buy, with expectations that the stock price will rise in the short term. That’s despite disclosures in the IPO prospectus indicating the toll operator was...
New Fortress Energy, NFE, has locked up a 10-year offtake agreement to procure natural gas from an unnamed supplier, which will fortify its inventory of LNG amid expansion into new markets. Under its new gas sourcing contract, New Fortress will...
S panish hotel company Princess Hotels and Resorts Limited has signalled plans for a casino resort in Jamaica through a megaproject to be undertaken at Green Island in the parish of Hanover. The casino would augment its previously announced 2,000-...
T wo name brand Jamaican companies, one a food and logistics conglomerate, another a financial group, are holding steadfast to their operations in the United Kingdom, UK, even as the uncertainty persists around trade in the post-Brexit era. The UK...
The Jamaican Government has to absorb the $2.13 million it spent on a national innovation awards ceremony because the International Bank for Reconstruction and Development, IBRD, which provided financing for the digital and animation industries...
The Jamaica Stock Exchange (JSE) Combined Index advanced on Thursday with an advance/decline ratio of 30/33. The index advanced by 3609.59 points or 0.76 per cent to close at 476,255.96. The JSE Main Market Index advanced by 4335.34 points or 0.90...
Organisers of the world’s biggest mobile technology fair are pulling the plug over worries about the viral outbreak from China. GSMA said Wednesday that this year’s edition of Mobile World Congress will no longer be held as planned in Barcelona,...
