Business
Cricket West Indies (CWI) management expects the organisation to incur a further loss of US$26 million this year before returning to profit in 2027, as the body grapples with the financial consequences of a lean tournament cycle and a men’s team...
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Caribbean Cement Company Limited posted stronger first-quarter profit in 2026, capitalising on expanded production capacity and hurricane-driven demand after a year in which annual output fell to a near five-year low. The company reported revenue...
The Fair Trading Commission (FTC) has launched investigations into possible anti-competitive practices in the pricing and distribution of petroleum products, following complaints from gas station operators against large petroleum marketing...
Image Plus Consultants Limited which operates under the Apex Radiology brand, plans to acquire the assets and brand of Island Radiology, a move that would extend its footprint into central Jamaica and tighten its grip on the country’s private...
Eppley, the JSE-listed financial services company, has appointed real estate executive Aisha Campbell as president of its real estate and infrastructure division. Campbell, an engineer by profession, exits PROVEN Properties, where as CEO, she...
In Thursday’s trading session, the following reflects the movement of the JSE Indices: • The JSE Combined Index advanced by 1,359.15 points (0.38%) to close at 355,190.71 points and the volume traded amounted to 95,088,397 valued at $382,745,276....
Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company’s pivot from non-profit status to a for-profit venture valued at hundreds of billions of dollars. The trial...
Consumers are bracing for a new round of price increases as three food manufacturing giants begin passing on the cost of the new sugar tax – with GraceKennedy the first to move, effective May 1. In a customer advisory dated April 24, GraceKennedy...
The kiln expansion at Caribbean Cement Company Limited (CCCL) failed to lift output past one million tonnes in 2025 as production dipped below 2020 pandemic levels, according to data in its annual report. Going forward, operations could see “...
Net remittance inflows totalled US$247.6 million in February, representing an increase of 3.8 per cent, compared to year-earlier levels, the latest remittance bulletin from the Bank of Jamaica stated. It is the highest percentage rise since...
The sale of 93-octane gasolene – a super-premium fuel used in high-performance sports cars – steers closer to entering Jamaica’s retail market, but petroleum marketing companies are divided on its commercial necessity. The Bureau of Standards...
Motorists will pay even more for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $4.50 to sell for $185.63 per litre and a litre of E-10 90 will go up by $4.50 to sell for $193.07. Automotive diesel oil...
GraceKennedy Limited says it will increase its prices on non-alcoholic sweetened beverages by an average of nine per cent, effective Friday, May 1. In an April 24 notice to its Jamaican retail partners, the company said the upcoming price...
The search has started for a successor to Governor of the Bank of Jamaica (BOJ) Richard Byles whose appointment is set to end on August 18. In making the announcement in a media release on Monday, Finance Minister Fayval Williams said the search...
Buying House Company Limited says the Government’s decision to expand its cement import quota falls short of what will be needed to maintain stable supply through the second half of the year as Jamaica’s construction sector pushes deeper into...
Jamaica Customs Agency is considering setting up a dedicated drone unit to patrol the island’s ports and coastline amid the country losing more than $26 billion annually in tax and excise revenue to illicit trade. Acting Commissioner of Customs...
