Category: Business

Jamaica to Host C’bean Hotel Investment Conference & Operations Summit

Jamaica has been selected to host the next Caribbean Hotel Investment Conference and Operations Summit, scheduled for November 14-15 next year. Co-sponsors Apple Leisure...

NCB Upgrades 80% of ABMs with Enhanced Security Features

National Commercial Bank (NCB) has upgraded 80-percent of its ABM machines in its continued fight against fraud. The remaining 20-percent is scheduled for upgrading next...

First Regulated Casino to Open in 2020

Jamaica’s first regulated casino should be up and running by the start of 2020 but Jamaica will not be a casino destination. That was the pronouncement from Tourism...

Wigton Windfarm IPO Set for March 2019

The Wigton Windfarm initial public offering on the Jamaica Stock Exchange is expected to be listed in March 2019. That’s according to General Manager of...

Scotia Bank Sale of Insurance Operation to Sagicor to Result in Cheaper Rates

Scotia Bank says the sale of its insurance operations in two Caribbean countries, is to result in enhanced services at cheaper rates. In a statement yesterday, Scotia...

‘Don’t Be Afraid of Failure!’ – Clarke

Finance Minister, Dr. Nigel Clarke, says the government wants to create an environment where people with ideas for businesses aren’t afraid to fail. The Finance...

Jamaica Bauxite Institute to Get $223m Boost from Capital Development Fund

The Jamaica Bauxite Institute (JBI) is to receive $223-million for budgetary support from the Capital Development Fund (CDF) this financial year. The House of...

Salada Pumping $200m into Coffee Industry

Local manufacturer of instant coffee products, Salada Foods, is coming to the rescue of Jamaica’s coffee farmers. Salada revealed today that it will be investing...

9,000 New Taxpayers Registered

Tax Administration Jamaica (TAJ) says it’s registered 9,000 new taxpayers so far this financial year. Deputy Commissioner General in charge of Strategic Services...

Record Low Unemployment but Not Record Economic Growth

Jamaica’s record low unemployment isn’t translating into higher economic growth, because of the types of jobs being created. That’s according to the...