Business

Creating an e-mobility ecosystem

IN a bid to build out the infrastructure imperative to the creation of a sustainable electric mobility ecosystem, the Jamaica Public Service Limited (JPS) says it has taken steps to bolster development as the country plays catch up to the global energy...

Bottleneck: Digital wallet buildout slow in Jamaica

Bank of Jamaica (BOJ) Governor Richard Byles is calling on commercial banks and cash intensive businesses to prepare to pull more people into using the digital currency, but efforts by several entities to do the same over the last few years show this may not be an easy...

The new role of the CIO: Are Jamaican CIOs ready?

The role and function of the chief information officer (CIO), the most senior IT leader in an organisation, has evolved quite significantly in recent years.

Business notes Business notes Business notes

Executive and Director AppointmentsPatrick Smith has been appointed a director of Carreras Limited effective October 8. He replaces Chairman Oliver Holmes who has decided to retire at the company's upcoming annual general meeting and not seek re-election.

Red Stripe Flavours Game App Competition winners awarded

The first and second place winners of the Red Stripe Flavours Game App Competition received their prizes last Friday, October 15, at the Red Stripe headquarters. Winners JusDev Studios walked away with a big cheque of $300,000, while Beer Brew walked away with $100,000 for their game...

Economic recovery loses momentum in Q3 as higher prices, shortages pin back growth

High global growth as countries bounce back from the economic effects of the pandemic weakened in Q3, but confidence and orders remain at high levels, according to the latest Global Economic Survey from ACCA (the Association of Chartered Certified Accountants) and IMA...

UCC Group acquires Remax Elite and Remax Jamaica

The University of the Commonwealth Caribbean (UCC) Group investment subsidiary, Spectrum Capital Partners St Lucia Limited, says it has acquired Remax Elite and Remax Jamaica, as well as three commercial real estate properties in Kingston and Montego Bay, for an undisclosed amount from...

New accounting rules coming for lawyers in 2022

THE General Legal Council (“GLC”), the regulating body for attorneys, has put forward changes to the accounting regulations for attorneys which are to come into force as of January 1, 2022.

Galaxy Z Fold 3 opening new possibilities

BUYING a phone is now down to a science. Being able to make phone calls is not even close to being the most important aspect some buyers look for. A phone these days needs to fit your lifestyle and make carrying out daily routines a cinch. Samsung's Galaxy Z Fold 3 is up to the task.

Caribbean start-up, LUHU, secures Silicon Valley funding

SOCIAL networking and e-commerce app LUHU has signed on the dotted line, confirming its partnership with Silicon Valley venture capitalist (VC) firm, Plug and Play Tech Center.

'We've Got Game'

THE Red Stripe Flavours Game App Competition officially ended on Monday, October 12, 2021 with exciting pitch presentations and a winner emerging from a creative group of six shortlisted entries. The competition saw contestants go head-to-head, delivering stellar pitches as they vied for...

Oregon illegal pot grows

SALEM, Oregon (AP) — On the same day last week that a southern Oregon county declared a state of emergency amid a sharp increase in illegal cannabis farms, police raided a site that had about two tons of processed marijuana and 17,500 pot plants.

Debt reduction in developing countries critical to post-COVID-19 recovery — Caricom SG

Dr Carla Barnett, secretary general (SG) of Caricom, has cited debt reduction as an effective response to the post-COVID-19 economic situation in developing and vulnerable Caribbean states.

How soon is too soon to teach children about money?

As parents, you want the best for your children and that includes laying the foundation that they can build upon to do well in life. One lesson that often slips through the cracks is how to be smart with money, but when it comes to teaching children invaluable financial literacy skills,...

JMEA goes virtual with Expo Jamaica 2021

Beset by restrictions on travel and hosting in-person events, the Jamaica Manufacturers and Exporters Association (JMEA) is moving its biennial trade show, Expo Jamaica 2021, to the virtual space.