Bank of Jamaica cuts rate to 6.75 per cent
The MPC noted that its previous decision, announced on 28 June 2024, to gradually reduce the absorption of liquidity, has already resulted in…
- | Business
Entrepreneur Chenelle Gushman providing scholarships for young sports athletes
Indeed, sports is one glue that many find relatable and is also seen as a great opportunity for young people to maintain good health while…
- | Business, Lifestyle
Burna Boy, Joseph M. Matalon, DBJ among investors in Jamaica’s first venture capital in 30 years
Mscale is a Delaware-based management company, focused on venture and permanent capital advisory services. Ugo Ikemba serves as the chief…
- | Business
Dennis Anderson makes huge statement with DA Traders expansion
For the most part the housing sector has taken the lead and will certainly continue to do so for a considerable time to come. Not too far…
- | Business
Jackson wants the BOJ to follow Barbados Central Bank
The decision comes amid public backlash against the imposition of new banking fees charged by commercial banks operating in the Caribbean…
- | Business, International
US institution DFC seeks deeper economic ties with Jamaica, Dom Rep
Scott’s remarks came earlier this week after visiting Jamaica and the Dominican Republic where he met with the leadership of both…
- | News, Business, International
All Scotiabank full-service ABMs accepting new polymer bank notes
Since the new notes were released in June of this year, local banks have been scurrying to upgrade their intelligent deposit machines (IDMs…
- | Business
New US$30m Pepsi-Cola Jamaica production line opens
Addressing the official opening ceremony at the company’s plant on Spanish Town Road in Kingston, Prime Minister Holness said the new…
- | Business
Jamaica launches first-ever JMD $-linked instrument in global markets
In a media release, the Ministry of Finance said the following below:
The operation represents the inaugural J$-…
- | Business
Exim Bank disburses $1.9 billion to local tourism enterprises
This was disclosed by Minister of Tourism, Hon. Edmund Bartlett, during a recent interview with JIS News.
The Minister informed that…
- | Business
Four Jamaican inventors receive grant funding
Each inventor received J$4 million under the DBJ’s Patent Grant Fund, the company added of a programme that falls under its Boosting…
- | Business
SSL’s funding not ‘tax revenue’: Finance Ministry issues statement
The Financial Investigations Division (“FID”), is using the proceeds of assets confiscated under Jamaica’s proceeds of…
- | News, Business
DBJ to embark on study targeting female entrepreneurs
The study will provide a panorama of Jamaica’s entrepreneurial and early-stage business landscape aimed…
- | Business
DBJ reopens special fund offering up to US$300,000 per project
Christopher Brown, programme manager, BIGEE explained: “The motivation for the re-introduction of the JBF is the impact that…
- | Business
Use 10-digit format to display phone numbers, OUR urges businesses
The Office of Utilities Regulation (OUR) recently assigned a Central Office Code – a number block which contains 10,000 telephone…
- | Business
UNICOMER Group acquires global RadioShack brand
The RadioShack brand in Unicomer Group will have presence in more than 2,000 points of sale globally; therefore, this acquisition…
- | Business