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Food replaces transport as inflation driver, says finance minister

Jamaica’s inflation problem has shifted from transport costs to drought-hit food prices, Minister of Finance and the Public Service Fayval Williams said on...

Rock Solid scales staff eightfold on tank demand

Rock Solid Plastics Ltd turns out up to 150 water tanks a day from its Kingston factory and now employs 40 people, up...

Insurers, dealers face recovery-plan rules as FSC consultation closes

The Financial Services Commission (FSC) closed public consultation on Wednesday on guidelines that would require insurance companies and securities dealers to keep board-approved...

Ibex cuts 1,405 Jamaican workstations, shuts half island centres

Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year...

Apple TV comes to Jamaica, and VPNs can go

Jamaican subscribers can now reach Apple TV through a storage plan that costs US$0.99 a month, less than the price of a patty,...

Rate-hike expectations climb from a fifth to a third among local business leaders

Jamaican business leaders expect inflation to ease to 6.8 per cent by December, even as a growing share anticipate that the Bank of...

Fed defies Trump with first rate rise in 3 years

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a...

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