News

Lasco Financial Services Limited, LFSL, has hand-picked a few business operators from within the micro, small and medium-sized sector for a test run of a new tech-driven cashless business model system, designed especially, but not exclusively, for MSMEs that are among Jamaica’s large unbanked population. The microfinance company has gone ahead and invested in a full-service e-commerce platform that allows for the business owners to set up a...

MBJ Airports Limited will use the recently secured US$60 million loan from Scotiabank to upgrade the Sangster International Airport (SIA) in Montego Bay. The upgrade project includes the expansion of the departures retail area, which will feature increased circulation space and an improved retail experience for passengers. The retail departures area will offer more seating, improved natural lighting, entertainment and exciting retail offerings that will create a memorable...

Caribbean Flavours and Fragrances Limited says it has made a breakthrough in Suriname. The manufacturer has been supplying new products to the Surinamese market in addition to other flavours to newly-acquired customers in the beverage manufacturing segment within the region. In its newly released annual report, the company said active work has commenced in other regional markets. “Based on two exploratory missions undertaken during this financial reporting period,...

Local entrepreneurs are being encouraged to use qualitative and quantitative research methods to access data and information to grow their business on a budget. Speaking at a Jamaica Business Development Corporation (JBDC) weekly online series, ‘JBDC Virtual Biz Zone’, today (September 9), Chief Executive Officer of Blue Dot Insights, Larren Peart, said entrepreneurs should have a few specific objectives before embarking on research, be open to using non-traditional...

Scotiabank has announced several enhancements made by the bank that will provide greater convenience to customers using its automated banking machines (ABMs), mobile and online banking systems. Among the newly launched features for Scotia Online and mobile app platforms are access to e-statements for transactional and savings accounts, credit cards and lines of credit, the ability to update contact information and add third party recipients – a new...

Despite trying economic times and uncertain prospects for most exporters, grass roots coffee company, Rocksteady Coffee is thriving during the pandemic because of the constant and increasing demand for its gourmet single origin beans. President and CEO, Ricardo Forbes attributes the continued success to relationship building and the company’s single origin approach that contributes to Rocksteady Coffee’s superior taste profile. All the coffee manufactured, grows on Forbes’ farm and...