Latest News

Updated 54 minutes ago

Senior debut on the cards for young Lawes

ST JOHN’S, Antigua (CMC): Teenage wrist spinner Vitel Lawes could, possibly, make his debut for the West Indies senior men’s team after being included in a 15-member squad for the opening three…
Updated 1 hour ago

Louis Vuitton court victory against Chinese tea chain stirs debate over copyrights

A debate over ownership of traditional Chinese symbols has cropped up after a court ordered a local tea chain to pay French luxury brand Louis Vuitton (LV) US$1.5 million over trademark infringement…
Business
Updated 1 hour ago

Former city official sentenced to death in China for taking US$325m in bribes for decades

A former economic development official in the eastern China city of Nanjing was sentenced to death on Monday for taking bribes worth US$325 million over three decades. Yang Youlin was also convicted…
Updated 1 hour ago

Microsoft cutting 4,800 jobs

Microsoft is cutting 4,800 jobs, about 2.1 per cent of its global workforce, including a large number of workers at its Xbox video game business. The lay-offs included 1,600 Xbox workers, with more…
Updated 1 hour ago

Canada looks to build pipeline to reduce reliance on USA

Alberta and Ontario proposed a pipeline on Monday to carry western Canadian oil east, seeking to reduce Canada’s reliance on US infrastructure and open new export markets, reviving an idea that was…
Updated 1 hour ago

It’s Time to Change the Narrative and Renew Public-Private Partnership for the “BPO” Sector

The global services (GS) sector in Jamaica, otherwise known as the business process outsourcing (BPO) sector, employs 50,000 people and generates U$1 billion in forex for the economy. It is the…
Updated 1 hour ago

US firm wins J$1.87 billion sole-source contract to upgrade Jamaica’s tax system

Tax Administration Jamaica (TAJ) has awarded a $1.87-billion single-source contract to a United States technology company to upgrade the revenue administration information system that underpins the…
Updated 1 hour ago by Neville Graham

Walker divests connection to $23b WIPT shares in taking Petrojam’s top job

Danville Walker has divested his interest in an entity holding $23 billion worth of shares in West Indies Petroleum Terminal (WIPT), in taking up the top job at Jamaica’s state-led refinery,…
Updated 58 minutes ago

A BOJ economist reveals early warning tool for Jamaica’s next financial crisis

A Bank of Jamaica (BOJ) economist has proposed an early-warning tool designed to spot the warning signs of a financial crisis years before it hits, offering policymakers a chance to act preemptively.…