Tech entrepreneurs across Jamaica are set to benefit from capacity grant funding from the Development Bank of Jamaica (DBJ), which will be accessed through TBR Lab. TBR Lab is a high-level tech accelerator committed to the growth and development of high-potential tech entrepreneurs in Jamaica and the wider Caribbean. The DBJ has announced that it […]
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Seprod Group CEO Richard Pandohie says Saturday night’s fire at the Facey Commodity main warehouse in Kingston was “hard to watch”. Read: Fire rages at Facey Commodity It is reported that the fire started about 8 pm and quickly engulfed the warehouse. Expressing that though Saturday night’s blaze was a “tough night” for […]
Bank of Jamaica (BOJ), during the period July 16, 2020 to August 14, 2020, issued an expression of interest (EOI) inviting technology providers to submit proposals to support testing a central bank digital currency (CBDC) solution in BOJ’s Fintech Regulatory Sandbox. The requirement, inter alia, was for the CBDC solution to enable the bank to […]
Scotia Group Jamaica, SGJ, the second-largest banking conglomerate, reported $2.8 billion in net profit for the July 2021 third quarter, or nearly double last year’s levels, but still down by one-third over 2019 pre-pandemic levels. “Recovery is imminent,” said SGJ President and CEO Audrey Tugwell-Henry at a press briefing held online on Thursday. “We are […]
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’ delta variant. Exports rose 25.6 per cent over a year earlier to US$294.3 billion, up from July’s 18.9 per cent growth, customs data showed Tuesday. Imports rose 33.1 per cent to US$236 billion, up from the previous month’s […]
Private sector stakeholders are warning that there could be more layoffs on the horizon if the Government’s no-movement days continue. Former president of the Jamaica Chamber of Commerce (JCC) Larry Watson said retailers are feeling the pinch now more than ever with only two and a half days to secure as much sales as possible. […]
Jamaica’s E-commerce National Delivery Solution (ENDS) launched upgraded software on August 11, 2021 re-registered old and added new applicants resulting in over 471 businesses being registered and 341 getting approval, the company reported on September 8. Businesses now include restaurants, vendors, supermarkets, cafés, beverage providers, cooking gas companies, pharmacies, health-care providers, newspaper companies and gas […]
AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 2 AS the group continues to rationalise itself from a conglomerate of companies to investment portfolio management, Massy Holdings Limited has announced the sale of its Massy United Insurance Limited (MUI) subsidiary to Bermuda-based Coralisle Group Limited for US$90.5 million […]
REMOTE working, work-from-home, or WAH (work-at-home) arrangements implemented as part of efforts to contain the spread of the novel coronavirus disease could lead to reconfigurations of leased commercial space for some time to come. Michael Neita, chief executive officer (CEO), Victoria Mutual Property Services Limited (VMPS), told the Jamaica Observer that from the perspective of […]
