The legal fight between National Rums of Jamaica, NRJ, and the Spirits Pool Association on the limits of what can be called Jamaica rum will now see parties face off before year end in front of Jamaica’s trademark office, JIPO, following the...
MEN TEND to dominate the arts economy in Jamaica both as artists and buyers, even though the key gallery owners and gatekeepers are women. Gatekeepers argue that it makes the art economy much smaller than its true size. “We have a wealth of talent...
THE VALUE of bank fraud dipped to roughly $700 million in 2022, the lowest in five years, according to the Bank of Jamaica, BOJ, in its recent Financial Stability Report 2022. Local banks detected about $715 million in fraud losses in 2021, $800...
Jamaicans may soon be able to access the internet through satellite transmission, if the licence being sought by Starlink Services Jamaica Limited gets the nod from regulators. Starlink is operated by SpaceX, a company owned by American billionaire...
Sky High Aviation, a Dominican Republic-based airline wants to operate flights to Jamaica starting next month, a move that would further expand the rebound in the travel market. The company plans to do scheduled air service between the Spanish-...
The all-out effort by the Bank of Jamaica, BOJ, to steady and even strengthen the local currency as part of its policy response to high inflation, is being supported by ongoing research by the central bank. During periods of heavy currency...
The parish of St Thomas is not usually associated with luxury living, although its diverse topography offers some of the best vistas in Jamaica. The magnificent hill and oceanfront views are precisely what real estate investment and development...
Rock Mobile plans to invest US$90 million ($13 billion) over the next few years to build out a network of full-fledged telecom services that will go up against heavy hitters Digicel and Flow Jamaica for market share, but does not intend to...
Normally, filings at the Companies Office of Jamaica are routine, but at times the official record requires a double-take, for instance, recent documentation on West Indies Petroleum Limited, WIPL, which displayed the shares issued by the company...
Citing numerous downloads of the tender document, the authority that issues spectrum is pushing back at suggestions of a lack of local interest in its latest attempts to sell new radio frequency, the take-up of which the Jamaican government is...
P harmacy chain Fontana Limited, in an effort to snatch back lost opening hours due to stricter curfews measures, has been depending on e-commerce traffic to drive sales. So far, the strategy is working, so Fontana has ditched its other option of...
Jamaicans can now buy gas at the cheapest prices in three years and the fall in prices are expected to continue into summer. The Ministry of Energy, at the same time, will also embark on a mission to make the pricing mechanism more transparent for...
K EY INSURANCE Company Limited, KICL, made its biggest losses yet totalling more than three-quarters of a billion dollars last year, but its new owner believes it can reverse the company’s downward spiral within a year. Now under the ownership and...
Trinidadian conglomerate Massy Holdings Limited wants to distribute liquefied natural gas, LNG, in Jamaica to complement its cooking gas operation, a strategy that appears designed to contain any likely business fallout from the switch to cheaper...
Cable & Wireless Jamaica, which trades as Flow, added a large block of customers during the June quarter, while amassing US$99 million in sales, which translates to $13.5 billion in local currency...
Nearly half of Jamaican mobile phone users continue to experience credit depletion, ‘shock bills’, and confusing data plans, according to a survey by the Office of Utilities Regulation, OUR, the findings of which will form the basis for...
Eppley Limited changed the trading name of its Caribbean funds which operates from the Lesser Antilles on Tuesday while it contemplates cross-listing it on the Jamaica Stock Exchange (JSE). It changed Fortress Caribbean Property Fund Limited SCC...
The share price of real estate company 138 Student Living Jamaica, 138SL, which builds and rents dorms to students at The University of the West Indies, more than tripled in less than 30 days to become one of the top-performing stocks so far in...
