Pricing is now available for the much-anticipated Ruthven Towers apartments completed by the National Housing Trust (NHT) on Ruthven Road in Half-Way-Tree, St Andrew. After a decade of planning, the NHT — which is the island’s biggest housing supplier — has concluded phase one of the apartment complex, comprising 14 two-bedroom apartments and 72 one-bedroom […]
Policymakers, over the years, have been operating at cross purposes by expanding the built environment at significant damage and cost to the environment, according to the executive director of the Mona GeoInfomatics Institute at The University of the West Indies, Mona, Dr Parris Lyew-Ayee Jr. He told The Gleaner that the mistake is that usually, […]
Guyanese commercial banks are protesting a proposal by the Bank of Guyana (BOG) for service fees to be the same across the board. Reports by the Starbroek newspaper indicate that the BOG has begun industry consultations on service fees, including a standard GUY$50 fee for automated teller machine (ATM) withdrawals of up to Guy$100,000 and […]
Victoria Mutual, whose core business is mortgage lending, has rebranded officially as VM Group in the midst of a five-year transformation programme to recognise the diversity of services the financial house now provides. The change comes at VM’s 143rd year in business, having grown over time from being just a building society to incorporate functions […]
Following the restructuring of the VM Group, the entity is planning to expand its footprint in the Caribbean. While the move forms part of the group’s thrust to increase its membership to one million from the current figure of approximately 320,000, chief investment officer (CIO) of VM Group and chief executive officer (CEO) of VM […]
At least one-third of all businesses are prone to fail within the second year of establishment if the right growth factors aren’t in place. That’s according to director of Sisters Ink Ja Opal Levy. Speaking on #MoneyMovesJa with Kaliah Reynolds, Levy noted that low sales and a lack of understanding towards customers are among the […]
he Bank of Jamaica (BOJ) in its monthly remittance report indicates that in September 2021, net remittance inflows amounted to US$282.8 million, a decline of 16.8 per cent or US$ 40.7 million in comparison to September 2020. However, overall remittance inflows for the January to September 2021 period totalled US$2,605.1 million. Year-to-date remittance inflows to […]
Each headline-grabbing event in Jamaica tends to be more captivating than the last, hence how easy it is to obscure even critical developments that are often more impactful than the sensational news of the day. Under the shadow of the latest front-page event — the ill-fated Mr Kevin Smith and his Pathways International Kingdom Restoration […]
Spurred by the mushrooming of fast-food delivery services amid surging demand during curfews, hotelier Lee Issa has seized on the coronavirus pandemic’s motorcycle boom to form a new company specialising in electric bikes and scooters. Pitched as environmentally friendly vehicles, Ellesco also sells warehouse equipment from its Ferry, St Catherine, headquarters. The $100-million start-up is […]
Agro-Investment Corporation, an agency of the Ministry of Agriculture & Fisheries, is on the hunt for 20 investors to put to work some 1,000 acres of idle sugar cane lands in Toll Gate, Clarendon. The lands have been earmarked for the cultivation of the St Julian and East Indian mangoes, a fruit that was given […]
