Business

For technology adopters looking for the next big thing, ‘agentic AI’ is the future. At least, that’s what the marketing pitches and tech industry T-shirts say. What makes an artificial intelligence product ‘agentic’ depends on who’s selling it....

Access Financial Services Limited (AFS), the microlender, said it is bracing for challenging times. Hurricane Melissa disrupted one-fifth of Access Financial Services Limited’s branch network and weakened many customers’ ability to service loans,...

Pan Jamaica Group Limited has added another company to its portfolio, having acquired majority ownership of a juice business based in Copenhagen, Denmark. The terms of the acquisition of Frankly Juice were not disclosed. Those details should emerge...

The United States Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping...

Is it possible to adequately prepare for a Category 5 hurricane? This question was posed in cyberspace where ChatGPT resides. The following was the swift response: “While adequate preparation significantly increases survival chances and minimises...

The market was already primed to expect bad outcomes from the cleanup under way in Jamaica Broilers’ US operations, but when the report finally dropped the scope of the fallout, still rattled investor confidence due to the wipe out of the company’s...

The Bank of Jamaica, BOJ, wants to make it easier for banks to sign up new account holders for greater financial inclusion and access to banking services. Consequently, the central bank plans to introduce an electronic know-your-customer, or eKYC,...

Liberty Latin America expects to recover US$81 million in insurance payouts for hurricane damage to Flow Jamaica’s network. Restoration of the network continues post-Melissa, the pace of which is dependent on the restoration of electricity supplies...

Airlines are optimistic they can resume normal operations just a few days after the United States government lifts its order to cut some flights at 40 busy airports, but it’s not clear how soon that will happen even though the federal shutdown is...

Hurricane Melissa provided a glut of things for me to write about. In today’s article, I will try to link discrete topics to the monster hurricane where the economic impacts may turn out to be not unlike those that resulted from the global pandemic...

The Atlantic hurricane season officially ends on November 30. That gives us just under 200 days before the next one begins. The countdown has already started, not just on calendar, but on the clock for Jamaican entrepreneurs and MSMEs. It should...

Jamaican Teas Limited emerged relatively unscathed by Hurricane Melissa, with no damage to its complex at Temple Hall nor its supermarket and unsold studio apartments. Additionally, two-thirds of the group’s manufacturing sales are exported to...