Jamaica’s economic future is once again in the spotlight. Elections are around the corner. And the prime minister just unveiled the ASPIRE programme. But amidst past disappointments and skepticism, how can leaders like him inspire others to embrace...
The supply of sorrel, a favourite Christmas drink in Jamaica, has declined this season with at least one supplier paying up to 60 per cent more to source the crop. The market blames the reduction on the impact of Hurricane Beryl and the subsequent...
The Jamaican economy is facing serious challenges going into the first quarter of 2025, and political decisions are likely to play an important role over the next few months, said noted researcher Don Anderson. With the economic indicators...
Bluesky has seen its user base soar since the US presidential election, boosted by people seeking refuge from Elon Musk’s X, which they view as increasingly leaning too far to the right, given its owner’s support of President-elect Donald Trump....
Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a...
A Japan-based, government-commissioned panel of experts on Wednesday largely supported the country’s new energy policy for the next few years. It calls for bolstering renewables up to half of electricity needs by 2040, while maximising the use of...
A task force led by Brazilian prosecutors said it rescued 163 Chinese nationals working in ‘slavery-like’ conditions at a construction site in northeastern Brazil, where Chinese electric vehicle company BYD is building a factory. On Tuesday, the...
El Salvador’s Congress on Monday approved a law that would lift the country’s seven-year-old ban on mining for metals. The law, proposed by President Nayib Bukele and passed on a 57-to-3 vote, would allow mining everywhere except nature reserves...
The vibrant murals by Kingston Creative are transforming the streets and perception of downtown Kingston, with its latest client being the Bank of Jamaica (BOJ). The organisation aims to develop leisure and business within these communities. For...
QWI Investments has managed to turn the page on a string of annual losses aided by adding more US stocks to its portfolio, including Nvidia. Going forward, management wants to grow its US stocks to half of the fund’s portfolio, from the current 25...
Medical scanning company, Elite Diagnostic has introduced a system of “quasi-bonding” to reduce the migration of its skilled staff. The company provides additional training, and it helps to pay off the student loans of newly hired radiographers. It...
Mineral Heights in May Pen, Clarendon, will benefit from further urban development with plans by the Ministry of Education and Youth to build on 10 acres beside the trendy roundabout. The Government recently sent out tenders seeking architects to...
The emergence of generative artificial intelligence tools that allow people to efficiently produce novel and detailed online reviews with almost no work has put merchants, service providers and consumers in uncharted territory, watchdog groups and...
The auditors of NCB Financial Group Limited (NCBFG) have revised the conglomerate’s profit downward by $1.7 billion, bringing it to $21.6 billion, following the restatement of certain contracts. This adjustment represented a 7.0 per cent decrease...
The Bank of Jamaica (BOJ) will lower its benchmark policy rate effective Monday, but it chided the banks for the slow pace of adjusting rates downward to customers. The Monetary Policy Committee (MPC) of the BOJ noted that “interest rates on bank...
In a deal worth $1.6 billion, First Rock Real Estate Investments has acquired a stake in a commercial complex in the Cayman Islands. It’s the largest transaction in that territory for the Jamaica-based group. The company secured a majority stake...
Drivers and airline passengers without reindeer and sleighs better make a dash for it: it’s beginning to look like another record for holiday travel in the USA. The auto club AAA predicts that more than 119 million people will travel at least 50...
Black farmers in Zimbabwe can start selling farms that were previously taken from white people under contentious land reforms two decades ago. This marks a major shift in Zimbabwe’s land policy announced on Friday by Zimbabwean President Emmerson...
Tesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system. According to a letter Thursday from the National Highway Traffic Safety Administration, the recall includes certain...
The crystal blue waters that once surrounded Kabaena are murky brown now, and the octopi and colourful fish that locals used to catch nearby to eat and sell have fled. The lush seaweed they used to harvest is gone. And parents who grew up swimming...
A British court ruled in the week that police can seize more than £2.6 million equivalent to US$3.3 million from influencer Andrew Tate and his brother Tristan. The seizure would cover years of unpaid taxes, the court ruled. The Devon and Cornwall...
Gas acquisitions led the Jamaica operations of Massy to increase its revenue by one third in the last financial year. The purchases pushed year on year revenue to J$25 billion (US$160 million). Massy, which already has gas operations on the island...
A popular social media influencer has issued an apology after a Swedish tabloid published a report saying she created a “work environment filled with fear and psychological pressure” at her fashion brand, Djerf Avenue. In an Instagram post on...
