Access Financial Services Limited paid US$6.4 million ($830 million) for its first foreign acquisition, Embassy Loans Inc, a microlender based in Florida, United States, which it plans to use as a springboard for further expansion. The deal was in the works from October and struck in December, but details of

Shares in Playa Hotels & Resorts rallied at the top of the week following an announcement by Playa to buy back its own shares. The rally, so far, has restored about US$1.4 million in the value of Sagicor Group Jamaica's holdings in Playa as its second-largest shareholder with a 13

KINGSTON, Jamaica (CMC) — Jamaica says it is hoping to boost the economy through the construction of 6,000 additional hotel rooms early next year. Tourism Minister Edmund Bartlett said the initiative is expected to begin in January and would serve to further boost the economy by providing opportunities for local

ROSE HALL, St James — Edmund Bartlett is urging individuals who have raised concerns about the extended time Government is taking to implement the long-awaited pension plan for tourism workers to be patient. One such critic is former Tourism Minister Dr Wykeham McNeill, who had pointed out that the scheme,

The United States Federal Reserve is raising its key interest rate for the fourth time this year to reflect the US economy's continued strength but signalling that it expects to slow hikes next year. The quarter-point hike, to a range of 2.25 per cent to 2.5 per cent, lifts the

We are now living in the digital age which is grossly powered by information. Through technological advancements it is becoming easier for us to share information about ourselves to conduct everyday tasks and to interact with others. Evidently, the sharing of personal data provides many benefits for us; however, it

Jamaica's historical economic performance and current reality indicate that all other things considered, the only lever we have to drive significant and sustained increases in growth above the anaemic 1% to 2% that we have managed, at best, over the last two decades is through increases in our net exports.

The National Insurance Scheme (NIS) was established in 1966 and is a compulsory, contributory, funded social-security scheme. Employers and employees make contributions to the National Insurance Fund (NIF), and these contributions are used to finance NIS benefits and administrative costs. Annual surpluses of contributions over benefits and administrative costs are

I am bringing together much of what I have written about deciding to invest in past columns for the benefit of the many prospective and new investors who ask about how to invest. It is important to recognise that investing is dynamic because the needs of investors change, as do

Scotia Group Jamaica Limited will distribute life insurance products on behalf of Sagicor Group Jamaica's insurance arm, for which it will earn fees, once the sale of its life insurance business is concluded. The No. 2 banking group will set up a new insurance sales unit that will offer advisory