Jamaica does not have the luxury of fearing advanced artificial intelligence. More than any algorithm, we should fear being poor, vulnerable, inefficient, and leaving an inheritance of indebtedness…
University of the West Indies (UWI) economist Dr Damien King hopes Jamaica never strikes commercially viable oil – and he means it. King, who lectures in economics at UWI, fears what development…
Quantas Advantage Inc, led by former bank executives, aims to raise US$9.4 million through an initial public offering (IPO) on the Jamaica Stock Exchange, with plans to upsize the offering to US$15.5…
Insurance companies received a near sixfold increase in reinsurance funds to settle claims arising from Hurricane Melissa, according to the latest data from the Financial Services Commission (FSC),…
Jamaica Broilers Group Limited (JBG) announced plans to sell its chicken processing plant in South Carolina, marking the first asset sale since its US corporate scandal.
CUNA Caribbean Insurance Jamaica Limited, the local arm of US-based CUNA Mutual Group and the long-standing insurer to Jamaica’s credit union movement, plans to expand its market presence after…
National Commercial Bank Jamaica (NCB), the nation’s largest bank, is auctioning off 110 repossessed vehicles, ranging from an $18.4-million 2022 Porsche Cayenne to a $500,000 2016 Nissan AD wagon.…
Canopy Insurance Limited, a joint venture between GraceKennedy Group and Musson Jamaica Limited, posted profit for a third consecutive year, with revenue and earnings both rising by double-digit…