Business

The Bank of Jamaica, BOJ, has earmarked $420 million for the design of a new office tower at its Nethersole Place base in Kingston. The identity of the consultant selected for the job is yet to be disclosed. “The consultant that we have secured,...

A last round of negotiations on a legally binding treaty to address the global scourge of plastic pollution has opened in Busan, South Korea, where negotiators gathered on Monday in a final push towards an agreement. National delegations still have...

Barita Investments Limited’s appetite for raising capital continues to grow, enticed by the lowering of interest rates. “What is also appealing about potentially going back to the market for debt is that it gives us the opportunity to diversify...

Amazon has introduced a handful of robots in its warehouses that the e-commerce giant says will improve efficiency and reduce employee injuries. Two robotic arms named Robin and Cardinal can lift packages that weigh up to 50 pounds. A third, called...

Having given the green light to two investors to develop renewable energy plants under its 100-Megawatt project, the Generation Procurement Entity, GPE, indicated that it is preparing a new project round for the tender of another 168MW. Under its...

Corporate Jamaica hasn’t given up on its push to import more foreign labour. Private sector interests are calling on the government to make the process to bring in workers from abroad less complicated in hopes of easing Jamaica’s labour shortage in...

As a leader, you care about offering staff a lofty vision to follow. As such, your company has a vision statement, but unfortunately it has zero impact. How can you craft and communicate a future that inspires? Situation: You are a recently...

The Bahamas announced Friday that it will refinance US$300 million of its external debt to free up more than US$120 million for marine conservation projects and climate change mitigation. It is the fifth such debt-for-nature swap in the world, with...

Buoyed by the success of its small northern hub, and smarting from the effects of Hurricane Beryl, manufacturing and distribution company Wisynco Group Limited is moving to set up an even larger hub on the southern side of Jamaica. Chairman William...

Have your ever wondered why unit prices of bond funds in collective investment schemes like unit trusts and mutual funds tend to fall although bonds are generally seen as safer than investment vehicles like stocks, which tend to be attractive more...

A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly coloured outfits – and no car. The rebrand, which includes a new logo, is slated to launch Dec. 2 during the Miami Art...