Artificial intelligence: Economic ally or adversary?

“Do we really need home computers?” This was the headline of an article written by William F Buckley Jr in June 1982. In it, he mused about the potential of having an entire dictionary programmed into the machine but remarked that this was not worth the price tag the personal computer came with, especially considering […]

What is short selling?

WITH the Jamaica Stock Exchange (JSE) seeking to implement short selling later this year, now would be a great time to go over what this feature is and how you can make money from it. Currently, the only way someone can make money on the JSE is through dividends and from capital appreciation, which involves […]

5 tips on creating an impactful podcast

In the digital age, where information and entertainment are accessible with just a click, podcasts have carved a distinctive niche as both a source of knowledge and a respite from our screen-saturated lives. With their compelling narratives, intimate conversations, and the liberty to dive deep into topics, podcasts offer a unique experience for listeners. But […]

US inflation has cooled, but tough road ahead to Fed target

AP David Zalubowski Shoppers push carts into a Costco warehouse on Friday, August 4, 2023, in Thornton, Colorado. The stickiness of inflation could endanger a rare ‘soft landing’, that is, slowing inflation without derailing the American economy. 1 2 Over the past year, inflation in the United States has tumbled from nine per cent all […]

lmeida takes over Guardian chair, Hylton still a director

Robert Almeida has taken up a second position formerly held by Patrick Hylton, whose two-decade-old leadership of banking group NCB is wrapping up. On Friday, August 4, Almeida, who has a central role in Michael Lee-Chin’s Portland companies, replaced Hylton as chairman of Guardian Holdings Limited, a large insurance conglomerate with regional operations that was […]

JMMB launches programme for women entrepreneurs

Financial conglomerate JMMB Group through its SME Resource Centre has launched a six-month programme, ‘PowHerful Women in Business’, to support women-led and female-owned businesses operating in Jamaica and Trinidad. The programme targets small and medium-sized enterprises (SMEs) earning revenues above $15 million per annum and in operation for at least a year for the first […]

BCIC donates $1m for Mango Valley Papaya Project with Food for the Poor

BCIC, a leading general insurance company, has donated $1 million to the Mango Valley Papaya Project in collaboration with Food for the Poor. Through this contribution, BCIC aims to address the challenges faced by farmers in the Mango Valley community and promote climate-smart agriculture as a powerful tool for fighting against drought. The Mango Valley […]

GK doubles down on water in deal for Unibev

GraceKennedy Limited has signed an agreement to purchase 100 per cent shareholding in beverage company Unibev Limited, an advancement on the deal it struck two years ago with the company to acquire the 876 spring water brand. The announcement of the transaction, the cost of which was not disclosed, follows on other disclosures by the […]

Labour ministry cautions call for AC in factories

Signage for the Ministry of Labour and Social Security . INSTALLING an air-conditioning (AC) system in a factory to manage heat may create more harm than good, according to the Occupational Safety and Health Department in the Ministry of Labour and Social Security. The Jamaica Observer reached out to the ministry for a response following […]

54.7% increase in export earnings for January to March

Jamaica’s export earnings for the first quarter of the 2023 calendar year, between January and March, totalled US$527.3 million. Figures released by the Statistical Institute of Jamaica (STATIN) on Wednesday show that the sum was 54.7 per cent above the US$340.9 million generated for the corresponding period in 2022. https://jamaica-gleaner.com/article/news/20230720/547-increase-export-earnings-january-march