The Mexican government said Monday it has reached an agreement with business and labour groups to strictly limit outsourcing of jobs. Under the agreement, companies will be able to outsource only non-core activities, like auxiliary services....
Norwegian Cruise Line is putting three of its ships back in the water after a one-year pandemic hiatus, with plans to resume sailings in the Greek islands and the Caribbean in late July and August. The cruise line expects that the limited...
The Jamaican stock market made modest gains relative to its position a year ago, up four per cent on the main index and nearly six per cent for the combined indices at the end of the March quarter, but still has a steep climb back to its peak spot...
Haiti does not have a single vaccine to offer its more than 11 million people over a year after the pandemic began, raising concerns among health experts that the well-being of Haitians is being pushed aside as violence and political instability...
Coffee farmers are currently earning $6,500 per box for top-tier Jamaican beans supplied to processors, more than double what they were being paid last year, amid changing market dynamics in which export demand is re-emerging even as local...
Tourism market optimism grows Tourism’s recovery from the pandemic is slow but its operators are looking towards an uptick in business. Bookings in the summer months have reached 750,000 airline seats so far, which represents a rise over last...
The roll-out of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund, IMF, says in its latest forecast...
The chief executives of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States. The initiative is called NinetyToZero, so named for the roughly 90 per...
More Americans disapprove than approve of how President Joe Biden is handling the sharply increasing number of unaccompanied migrant children arriving at the United States-Mexico border, and approval of his efforts on larger immigration policy...
Jamaica is forecast to leap over some of its regional peers next year, amid recovery from the coronavirus pandemic, new growth estimates released on Tuesday by the International Monetary Fund show. But this year, while the country is still expected...
WASHINGTON (AP) — The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in...
To guide Caricom countries on the shaping of policy surrounding ‘front of package’ labelling, or FOPL, standards for manufactured goods, the trade bloc will be conducting an eight-month study on what is currently a hot-button issue. The impact...
Although local suppliers of medical and pharmaceutical goods have long-standing distribution agreements with big drug companies that have developed COVID-19 vaccines, it has put them no closer to being part of the vaccine distribution chain in...
The Eastern Caribbean has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. The Eastern Caribbean Central Bank said its 'DCash' is the first such blockchain-based currency introduced...
Sandals Resorts International is considering developing a boutique hotel, possibly on the north-eastern side of Jamaica, which incorporates Portland and St Mary. The hotel would be operated as a European Plan or EP property, which, in concept,...
The Jamaica Stock Exchange (JSE) Combined Index continued its rally on Thursday, further reversing this week’s losses. The slow, truncated trading session ended with an advance/decline ratio of 39/22 The JSE Combined Index advanced by 2,623....
The Jamaica Stock Exchange Combined Index closed on Tuesday on a losing note. The moderate trading ended with an advance-decline ratio of 38 to 29. The index declined by 926.19 points or 0.24 per cent to close at 393,148.30. The JSE Main Market...
Automakers BMW and Volvo announced on Wednesday that they support a moratorium on deep seabed mining for minerals used in electric vehicle batteries and other products. In a statement also backed by Samsung’s EV battery unit and tech giant Google,...
Jamaica’s electric vehicle market, and the ecosystem to drive it, is still in its infancy, but Stewart’s Auto Sales is moving to test the country’s readiness for full-EVs with the Jaguar I-Pace, one of which it sold to the British High Commission...
Power utility Jamaica Public Service Company, JPS, has started preparatory work on its Hunts Bay plant, which will be converted to run on liquefied natural gas – one of two such projects earmarked in Kingston for execution within five years. Tender...
QUESTION: I got a 100% financed loan to purchase a new car in 2014. Several months afterwards, I lost my job and the vehicle was repossessed. A few weeks ago I got a letter from a collection agency that I owed more than the money that I borrowed...
QUESTION: Thank you for the tips on how to increase sales in 2021. One thing on which my team agreed is that we are a little bit complacent because we have a brand and never really had to advertise that much. Word of mouth is what has carried us...
Two things have changed in fiscal policy worldwide in recent years. The first is that sustained low real interest rates have enabled governments to run larger deficits and carry larger debts. The second is that the coronavirus pandemic has made...
Virgin Galactic rolled out its newest spaceship on Tuesday as the company looks to resume test flights in the coming months at its headquarters in the New Mexico desert. Company officials said it will likely be summer before the ship – designed...
In order to begin digitally transforming your organisation, there must be a commitment at the highest levels of leadership to look for opportunities that fundamentally change and improve how businesses operate and deliver value to customers....
