The Students’ Loan Bureau, SLB, is moving on to the second phase rollout of a loan management system that’s intended to reduce the turnaround time on the processing of loan applications. Usually, it takes an average of two months for student loans...
A MEETING in the Supreme Court next week is expected to see approval secured for a purchaser for Mystic Mountain Limited, MML, the Jamaican attraction which has been placed in bankruptcy, and for which the courts have appointed officials to restore...
STAGING A comeback after five years, the 2021-2022 Global Entrepreneurship Monitor (GEM) Report, released in March 2023, shows significant changes in the entrepreneurial ecosystem in Jamaica. The report indicates that Jamaica’s early-stage Total...
FACTORIES CORPORATION of Jamaica, FCJ, is treading softly with its planned, expanded commercial park in Naggo Head, Portmore, waiting for the last two months for approval from Cabinet before disclosing costs for the project and lease rates. Its...
Nearly eight thousand remittance transactions have been recorded since the start of this year via two digital wallets approved so far by the Bank of Jamaica, the central bank has said. One of those wallets is the well-known Lynk app, which rolled...
Jamaica’s largest banking group has grown its loan portfolio sevenfold since the start of its journey towards digital transformation in 2015. Additionally, the loans written through digital channels now account for 20 per cent of total loan volume...
