Fri | May 8, 2026

Business

Published:Tuesday | March 11, 2025 | 12:06 AM

Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher tariffs imposed by the United States. The stronger-than-expected data came as Chinese leaders gathered in Beijing for the annual session of the...

Published:Sunday | March 9, 2025 | 12:11 AM

When I first saw the headline to the article I wrote last Sunday – Illiteracy as a societal risk – I immediately sent a congratulatory message to the business editor. Those five words captured the substance of the ideas I struggled to present. Even...

Published:Sunday | March 9, 2025 | 12:11 AM

President of the United States Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance. Under Trump’s new order, the US...

Published:Sunday | March 9, 2025 | 12:11 AM

Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. He figures the most expensive one will sell for more...

Published:Sunday | March 9, 2025 | 12:10 AM

Nearly two months after an explosion sent flaming debris raining down on the Turks and Caicos, SpaceX launched another mammoth Starship rocket on Thursday, but lost contact minutes into the test flight as the spacecraft came tumbling down and broke...

Published:Sunday | March 9, 2025 | 12:10 AM

After 12 months of outperforming the rest of the world, the United States market faces a potential correction, and prudent investors and business leaders are watching developments closely and hedging their risks accordingly. Amid falling consumer...

Published:Sunday | March 9, 2025 | 12:10 AM

The weather in Basel remains wintry and cold. And the climate inside the intimidating BIS Tower – headquarters of the Bank for International Settlements, where polyglot teams of economists and regulators worry about the future – is not much more...

Published:Sunday | March 9, 2025 | 12:10 AM

Bonds have a place in balanced investment portfolios but are particularly attractive to conservative investors because they are confident about the certainty of their principal and the interest they expect to earn. Although they tend to be safer...

Published:Sunday | March 9, 2025 | 12:09 AM

The head of Jamaica Public Service Company Limited, JPS, had cautioned against the quick adoption of renewable energy into the electricity grid, stating that other areas have experienced power outages in their efforts to switch to renewable sources...

Published:Sunday | March 9, 2025 | 12:08 AMLuke Douglas - Senior Business Reporter

A United States-based fintech firm is currently recruiting at least 20 software engineers for a project here in Jamaica that will see them earning a starting salary of $10 million per year. But insiders in the tech sector say it is not unusual for...

Published:Sunday | March 9, 2025 | 12:06 AM

Over the past week, many black women around the world have been reeling from the news of mounting evidence that synthetic hair used mainly in our communities might contain toxic chemicals and carcinogens. Specifically, an investigation by Consumer...

Published:Friday | March 7, 2025 | 12:07 AM

The European Central Bank, ECB, has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow, and could soon face even stronger...

Published:Friday | March 7, 2025 | 12:07 AMSteven Jackson - Senior Business Reporter

The mid-sized R Hotel in New Kingston has been listed for sale at a price of US$16.5 million ($2.5 billion). The property is being marketed by Andrew Issa of Coldwell Banker Jamaica, who says short-term rentals are biting into the business that...

Published:Friday | March 7, 2025 | 12:06 AM

MFS Capital Partners Limited has delivered the outstanding financial reports cited in its suspension last year, but the block on the trading of the stock was still in force up to market close on Thursday. The company filed three reports that were...

Published:Friday | March 7, 2025 | 12:06 AM

Sagicor Group Jamaica Limited, SGJL, anticipates uncertainty in 2025 following a one-third decline in annual profit to $9.3 billion as of December. “While the road ahead may not be without its challenges, we are approaching the future with a clear...

Published:Friday | March 7, 2025 | 12:06 AM

After posting record revenue, air quality company CAC 2000 Limited is back in the black with net profit of $22.26 million last year. This is transitioning from a net loss of $98.23 million in 2023, and comes as revenue rocketed from $823 million to...

Published:Friday | March 7, 2025 | 12:06 AM

PriceSmart has received approvals to build its third membership shopping outlet in Jamaica, amid growing local sales at double the Caribbean rate. The membership shopping club received planning permission and an environmental permit in mid-February...

Published:Wednesday | March 5, 2025 | 12:09 AM

Catherine Bashiama runs her fingers along the branches of the coffee tree she’s raised from a seedling, searching anxiously for its first fruit buds since she planted it three years ago. When she grasps the small cherries, Bashiama beams. The...

Published:Wednesday | March 5, 2025 | 12:07 AM

Logistics operators based in Asia have been leasing more warehouses in the United States in response to changes in e-commerce, global trade and manufacturing. Third-party logistics firms, known as 3PLs, work with online retailers and other...

Published:Wednesday | March 5, 2025 | 12:07 AM

Online education provider One On One Educational Services Limited says it will soon be rolling out its artificial intelligence powered system that will, among other things, make the writing of lesson plans quicker and easier for teachers across the...

Published:Wednesday | March 5, 2025 | 12:06 AM

Profits swelled at Regency Petroleum Company Limited last year amid growth of the business and a substantial rise in revenue. The company, which operates gas stations and deals in LPG, posted $1.63 billion in total revenue for the financial year...

Published:Wednesday | March 5, 2025 | 12:06 AM

Jamaica Public Service Company Limited, JPS, says it is building an electricity grid that can withstand the effect of a Category 5 hurricane should it hit the island. JPS President and CEO Hugh Grant said following the extensive damage to the grid...

Published:Wednesday | March 5, 2025 | 12:06 AMSteven Jackson - Senior Business Reporter

Productive Business Solutions Limited, PBS, a regional Xerox distributor and technology services provider, grew its capital by eight per cent last year, but still has a steep hill to climb back to its position three years ago. The company, chaired...

Published:Tuesday | March 4, 2025 | 12:07 AM

The United States Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release that it will not...

Published:Sunday | March 2, 2025 | 12:10 AM

When it comes to stock markets around the world, this year has clearly not been America first. The US stock market has risen in 2025 and isn’t far from its all-time high set last week. But it’s climbed less than stock indexes in Mexico City, Paris...

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