Mon | Mar 18, 2019

Business

A room inside the Pulse Centre boutque hospitality property at Trafalgar Road, New Kingston.

With the commissioning of a 22-room boutique on the cusp of New Kingston and pending rollout of new suites at Villa Ronai, Pulse is looking to carve out more earnings for the leisure side of the company that is better known for models and fashion...

The Court of Appeal has upheld a $35 million award to a labourer whose legs were amputated nearly 13 years ago as a result of an accident, described as catastrophic, while cleaning a concrete mixer at the marl quarry where he worked. President of...

Two players exited the remittance market last year, cutting the number of primary providers by two to six, but those that remained largely expanded their footprint with the net addition of 28 new locations, according to central bank data. The...

ADVISORY COLUMN: INSURANCE HELPLINE QUESTION: Is the owner of a vehicle exempt from liability if his vehicle gets into an accident about which he was unaware? The vehicle was not stolen but was being driven without the owner’s permission. Could the...

COLUMN: FOREIGN POLICY A few days ago, British Foreign Secretary Jeremy Hunt, a Conservative, began an important address in an unusual way. Speaking on the subject of Deterrence in the Cyber Age, he quoted Tony Benn, the late left-wing Labour...

A new entrant with tentacles throughout the Caribbean formally announced that it was open for business from New Kingston on Wednesday, nearly five years after the Massy conglomerate disclosed its plans to become a player in the general-insurance...

Port company Kingston Wharves Limited plans to set up its third logistics warehouse this year at a cost of between $1 billion and $2 billion. The warehouse will cater to companies trading within the Caribbean, said Kingston Wharves Chairman Jeffrey...

Start-up investment outfit First Rock Capital Holdings Limited has raised $2.5 billion in equity capital from private investors, all of which it intends to pump as equity into various real estate ventures and other companies. First Rock, which...

Power utility Jamaica Public Service Company, JPS, refinanced US$180 million in debt or roughly half of its borrowings, arising from a deal brokered by Sagicor Investments in February. Nearly two-thirds of the funding, which converts to more than $...

Bank of Jamaica, BOJ, will issue new guidelines for liquidity management in the banking system, one that involves a new stress test. The central bank noted in its newly released annual report that elements of both the Basel II and III capital...
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