Jacana, a Jamaican cannabis company, has completed its first regulated export of medical marijuana to the Cayman Islands. It shipped oil-based cannabis products, vape pens, and extracts to the British Overseas Territory on January 7 under permits...
Main Event Entertainment Group has started producing its own events as its traditional promotions business faces pressure. It still earns nearly 90 per cent of its revenue from offering traditional event services to clients. But it recently started...
Changes are needed to get more retail investors and small businesses in the capital markets across the anglophone Caribbean, according to Stacy-Ann Tait, a senior executive at NCB Capital Markets. “Businesses across the Caribbean need long-term,...
Your company conducts financial controls and operational procedures, with rigorous precision. But strategic knowledge? Not so much. Executives pour energy into polished slide decks, while completely missing the ‘three story types’ that actually...
Major disasters can upend the best made plans, as Hurricane Melissa has shown us. Although recovery can be long and challenging, it is achievable with patience and effective strategies supported by a realistic budget. It is often challenging in...
Remittance inflows to Jamaica surged 14.2 per cent in November, marking one of the sharpest monthly increases since the COVID 19 pandemic as the island’s diaspora stepped up financial support following Hurricane Melissa. Net remittances reached US$...
NCB Financial Group Ltd. said it will transfer its Cayman Islands banking operations to Clarien Bank Ltd., its majority-owned Bermuda subsidiary, as the Jamaican financial conglomerate streamlines its regional structure. The internal reorganisation...
Vinci SA won a €144-million (roughly J$27 billion) contract to build a water pipeline system along the north coast of Jamaica, extending the French construction giant’s 25-year presence on the island. Jamaica’s National Water Commission awarded...
Economist Jeffrey Sachs told a Jamaican university audience that Caribbean nations should study China’s blend of government planning and free markets while maintaining “strategic independence” from an increasingly unstable United States. Speaking...
Indies Pharma Jamaica Ltd reported an 18 per cent decline in profit for its fiscal year ended October 31, as government customs bottlenecks and a late-October hurricane disrupted sales. Net profit fell to $181.3 million, or $0.14 a share, from $221...
Jamaica’s two city port operators reported strong financial results despite ongoing cargo congestion at their facilities, with executives attributing delays to consumer behaviour rather than commercial shipments. Uncollected personal items in...
Google is empowering its Chrome browser with the ability to alter imagery and a virtual assistant to help with online tasks as part of its push to turbocharge its digital services with more artificial intelligence technology. The features rolling...
Salada Foods Jamaica Ltd launched 13 new products over four years, driving revenue to a five-year high even as rising costs crimped profit margins. “Portfolio diversification remains a strategic growth pillar,” stated Salada Chairman Patrick...
Fitch Ratings maintained its negative watch on BBB- rated bonds issued by two National Commercial Bank entities, citing continued uncertainty over Hurricane Melissa’s impact on the country’s largest bank. “Fitch maintains rating watch negative on...
Kingston Creative plans to further expand its murals outside of Kingston this year via new public art projects, as part of growing the mural eco-system. “The arts festival, training and murals slated for 2026 in Montego Bay will be one such example...
Mental health is real and non-discriminatory. It is not a figment of the imagination and not confined to a particular stratum of society. The effects of mental health are not confined to the affected individual or affected family, with data showing...
Jamaica’s adoption of nuclear power could be two decades away though working prototypes may emerge within four to six years, according to the professor leading the country’s nuclear energy planning efforts. Professor Charles Grant, who chairs the...
Sygnus Credit Investments (SCI) is strengthening its push into Puerto Rico. At Wednesday’s annual general meeting, Chief Investment Officer Jason Morris called the US territory the company’s main growth engine, noting two years of strong profits...
Nearly half of surveyed social media posts about Hurricane Melissa in Jamaica contained exaggerated, unverified or misleading information, according to a study that examined 1,200 posts during the storm’s passage. It raises questions about the...
Jamaica-based technology conglomerate Amber Group has formed a joint venture with Guyana’s Beharry Group to establish a cybersecurity and IT services firm in one of the world’s fastest-growing economies. The partnership creates Beharry Amber...
Jamaica’s insurance industry posted strong gains in the year leading up to Hurricane Melissa, with total sector assets reaching $614.6 billion by September 2025, up 9.5 per cent from the prior year. The capital of the sector also remained strong. “...
There is a reason the conversation about importing labour policy is intensifying: Jamaica is trying to recover, rebuild and grow at a time when execution is expensive and delays are severely punishing. Even before Hurricane Melissa the economy was...
Woodcats International Ltd., a wooden pallet manufacturer, plans to raise up to $750 million through an initial public offering (IPO) that would value the company at $2.15 billion. “Since our inception, Woodcats has grown into a national...
West Indies Petroleum Terminal Ltd (WIPT) which operates a petroleum storage terminal, doubled annual profit and swung its fourth quarter to a profit, driven by rising third-party storage revenue and higher throughput volumes at its Jamaica...
