Published:Wednesday | December 10, 2025 | 12:06 AM
Governments have long recognised that innovation drives economic growth. To nurture it, they have created ministries, agencies, and incubators, offering grants, subsidies, and prizes to innovators with promising ideas. But as one of us observed...
Published:Wednesday | December 10, 2025 | 12:05 AM
The Jamaican government is hoping for a rebound in the travel market, which took a hit during and after Hurricane Melissa. “The winter season outlook remains broadly positive,” said Tourism Minister Edmund Bartlett. Jamaica’s brand remains strong,...
Published:Wednesday | December 10, 2025 | 12:05 AM
Providing support to the smallest of small businesses, even in a time of crisis, is not easy to do, even with the best of intentions. That’s because the population of microbusinesses span a gamut of solopreneurs and cottage operations – many of...
West Indies Petroleum Terminal Limited, a fuel distribution company, will be listing its shares by introduction on the main market of the Jamaica Stock Exchange. The proposed listing covers up to 11.18 billion ordinary voting shares at $0.50 per...
Paramount on Monday launched a hostile takeover offer for Warner Bros Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and DC Studios, and the right to reshape much of the nation’s...
Netflix has struck a deal with Warner Bros Discovery, the legacy Hollywood giant behind Harry Potter and Friends, to buy its studio and streaming business for US$72 billion. The acquisition would bring two of the industry’s biggest players in film...
Consumers in the United States were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation. The Conference Board said its consumer confidence index dropped to 88.7 in November...
As the United States renounces its climate commitments, a chain reaction of wavering pledges and scaled-back investments by other donors and multilateral institutions has followed. This trend raises the stakes for everyone else, underscoring the...
‘SBAJ sounds SOS. Small businesses call for cash aid, loan freezes to jump-start commerce’. That statement summarises a request for help by the Small Business Association of Jamaica’s president to government, in the wake of Hurricane Melissa. It...
Christmas and the days around it are merry-but-costly days which can potentially bring harm to your financial well-being, even if there is additional income. Truth be told, it does not have to be that way if there is proper planning and discipline...
If you are a CEO in Jamaica, you could be using the wrong vocabulary. Like many, you are talking about “recovery”: getting back to where you were before the hurricane. But here’s some data: Sony didn’t “recover” after Japan’s post-war devastation....
Pioneer Manufacturing Distribution Company Limited, now rebranded as PMD, has formed an alliance with ASE Integral to distribute the Colombian company’s Biro line of cleaning products in Jamaica and, eventually, across the Caribbean. Concurrently,...
The longest shutdown of the United States government on record cost Delta Air Lines an estimated US$200 million, CEO Ed Bastian said Wednesday in the first disclosure by a US airline regarding the shutdown’s financial impact. Bastian told investors...
Barita Investments Limited expects the Bank of Jamaica, BOJ, to defend the dollar against sharp swings, and hold interest rates steady until next year to spur the rebuilding of infrastructure and livelihoods in the wake of Hurricane Melissa. As...
Money is an enigma. But if there is one thing we know for sure, it is that money begets money. The best way to make more of it is to control the money-making machine, as traditional banks have done for centuries. By creating credit money...
Amid continuing market softness, US equities on the Jamaica Stock Exchange notched substantial gains in value, growing their market capitalisation by nearly eight per cent in the first month following Hurricane Melissa, even as other indexes fell....
Behind the hoopla over the promise of artificial intelligence lay difficult realities, including how such technology might affect people already disadvantaged in a data-driven world. A new report by the United Nations Development Programme notes...
Haiti’s transitional presidential council has backed an electoral law in the latest step towards holding a general election for the first time in nearly a decade. The approval late Monday means that the government can finally publish an official...
Mayberry Group Limited, a provider of investment banking and wealth management services, posted a net loss of $751.4 million for the September third quarter, compared to a profit of $145 million in the same period a year earlier. “This was...
IronRock Insurance Company Limited has reported losses of $10.13 million for the third quarter ended September 2025, reversing a profit of $7.8 million in the corresponding period last year. But CEO Christian Watt insists the company remains firmly...
Berger Paints Jamaica Limited entered the final quarter of 2025 on a strong footing, with a near one-fifth spike in revenue in the July-September period, and a five per cent gain year-to-date, positioning the paint and coatings manufacturer for a...
First Rock Real Estate Investments Limited, FREI, has turned the corner in its third quarter, posting a modest profit after a bruising 2024. The company’s pivot to a REIT, or real estate investment trust, model is beginning to bear fruit, according...
India’s telecoms ministry has directed smartphone manufacturers to pre-install a government-run cybersecurity app on all new devices, according to a government order, raising concerns of data privacy and user consent in one of the largest handset...
Ask a room of central bankers how many want a less stable financial system, and you will see few, if any, hands go up. Ask how many support intrusive, costly supervision, endless box-ticking, and process-heavy enforcement, and the result will be...
The world economy has proven surprisingly durable in the face of trade wars initiated by the United States, the Organisation for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and US economic growth this year....
