Sun | Oct 2, 2022

Business

Deputy Commissioner of Operations at Jamaica Customs Agency (JCA), Marlon Lowe, says work is being undertaken to incorporate drones and canine detection in JCA’s border security strategy by 2025. Both programmes are now said to be in the start-up...
JSE Group Managing Director Marlene Street Forrest

The Jamaica Stock Exchange (JSE) Group’s earnings are expected to rise despite the market index’s fall towards a near five-year low. The expected rise in revenue will come from small tweaks in its offerings, but largely reliant on the continuation...

Samuel Braithwaite, a lecturer in the Department of Economics at the Mona campus of the University of the West Indies, is urging a rethink of the Bank of Jamaica’s, BOJ, policy rate increases. This comes as the BOJ further increased its policy rate...

Barita Investments Limited has pumped another $1.3 billion into its real estate portfolio, concluding late last month another major property acquisition – the nearly 1,000-acre Green Castle Estate on the St Mary coastline, adding to the stock...

Derrimon Trading Group is now undertaking due diligence on a foreign company it was eyeing three months ago for possible acquisition. Its talks continue with the United States-based retail and distribution company, but Chief Financial Officer Ian...

The three Lasco-affiliated companies are hunting for more business and new markets. The companies, which are chaired and majority held by Lascelles Chin, are already generating more cash than before the pandemic. The smallest of the three...

Scope Caribbean weighed on the earnings of The Limners and Bards, which trades as The LAB, but it was mostly the media and advertising company’s investments that contributed to the erosion of its bottom line, constraining profit growth to less than...

Tens of millions of small US companies will be required to provide the government with details on their owners, and others who benefit from them, under a regulation finalised on Thursday that’s intended to peel back the layers of ownership that can...

Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised €9.4 billion (US$9.1 billion) for one of the largest initial public offerings in European history. Shares traded at €85.68...
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