Thu | Mar 28, 2024

Business

Jamaica’s banking sector provides stability but might not be competitive enough, despite improvements in recent years. That, on the face of it, is the upshot of a new study done by Fair Trading Competition, FTC, of the $2.4-trillion commercial...
CEO of Indies Pharma Jamaica Limited, Dr Guna Muppuri.

Pharmaceutical trader Indies Pharma Jamaica Limited’s performance was moderate in the first quarter ended January but below expectations. CEO Guna Muppuri blames inflation for the company’s missed targets. He also points to stock-outs occasioned...


Vice-Chairman and CEO of Pan Jamaica Group Limited, Jeffrey Hall.

The merger of two conglomerates resulted in the enlarged Pan Jamaica Group Limited, PJG, earning “record” net profit at $3.7 billion, but the portion that’s attributable to stockholders of the company dipped year-on-year. The majority of the non-...

The biggest spike in complaints by bank customers related to concerns about fraud in 2023 comes amid a general rise in dissatisfaction with the level of service provided by banks, according to Bank of Jamaica’s most recent disclosures. The “...

TransJamaican Highway Limited, TJH, will conduct a new traffic survey to guide its operational estimates going forward in a post-pandemic market. The last traffic forecast was done three years ago. “A reassessment of the projections post COVID-19...

Wigton Windarm Limited announced the appointment of Michelle Chin Lenn as its interim managing director effective next month. The current head of the business, Earl Barrett, will demit office on March 31. The timeline coincides with the schedule...

The Guyana government says it remains open to the recruitment of specialised skills from any part of the globe, for both the public and private sectors, which do not currently exist in the country. In a statement, the Ministry of Foreign Affairs...

Prime Minister Dickon Mitchell has signed on to the memorandum of understanding, MOU, that will assign or establish a competent regional authority for members of the Organisation of Eastern Caribbean States that operate Citizenship by Investment,...

The Central Bank of The Bahamas, CBB, says it will be introducing further reforms which relax exchange control administration on certain current, and capital investment-related transactions, effective April 1. The current transactions are mostly...

Fresh turmoil involving a transitional presidential council that will be responsible for choosing Haiti’s new leader triggered a flurry of meetings with Caribbean leaders and officials from the United States, Canada and France, officials said on...
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