Michael Lee-Chin’s Portland Private Equity firm and affiliates have poured more funds into Merqueo, the Latin American online grocery business that has been widening its scope since the pandemic-related lockdowns.
https://jamaica-gleaner.com/article/business/20210903/portland-pumps-more-online-grocery-business
Sygnus Credit Investments Limited, SCI, is bullish about hitting its growth targets, having in one year managed to expand its assets by 44 per cent, putting the company in reach of its goal of US$100 million in total assets earlier than expected.
For the first time in Jamaica's history, digital currency is now available for use in the country as legal tender.
Finance and Public Service Minister Dr Nigel Clarke made the announcement on his Twitter page on Monday. He disclosed that “after a successful pilot,” some $230 million worth of Central Bank Digital Currency (CBDC) is now being released into the Jamaican marketplace.
