Business

Business
December 12, 2025

R.A. Williams chalks up first-quarter loss

R.A. Williams Distributors Limited made a net loss of $1.9 million for the first quarter ended July, reversing a profit of $24 million for the same period last year. The company attributed the…
Theresa Lindo, managing director of Pure National Limited.
December 12, 2025

Pure National ice factory awaiting BSJ sign-off

Nearly a year after its plant was almost totally destroyed by fire, Pure National Limited, Jamaica’s largest manufacturer of ice, says it expects to restore operations shortly. The company is in its…
Gary Barrow, CEO of Wigton Energy Limited.
December 12, 2025

Wigton to be twice as big after multibillion solar buildout

Wigton Energy Limited, which has set sights on becoming one of the largest owners of solar power in Jamaica, says it will take two years to build out the 70 megawatts of capacity. The company will…
Co-founder and Executive Director of Kingston Creative and Co-chair of the Cultural and Creative Industries Alliance of Jamaica, Andrea Dempster Chung, holds up a copy of the 2025 Cultural and Creative Industries Alliance of Jamaica Survey Report, at its r
December 12, 2025

Jamaica creative economy estimated at 5.1% of GDP in industry report

Jamaica’s creative economy contributes $107 billion (US$690 million) in economic value to the economy, according to a new report released by the Cultural and Creative Industries Alliance of Jamaica,…
December 12, 2025

Jamaica’s first casino now expected to open by March 2026

The first casino in Jamaica is now expected to be opened in the first quarter of 2026, pending the necessary approvals from regulators. Enzo Pezzoli, managing director of Princess Hotels and Resorts,…

Minister of Agriculture Floyd Green surveys damage during a tour of St Elizabeth in the aftermath of Hurricane Melissa, which hit Jamaica on October 28, 2025, causing widespread devastation to the agricultural sector.
December 12, 2025 by Luke Douglas

Agri sector still counting the costs as recovery begins

Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is…
Frank James, group CEO of GraceKennedy Limited.
December 12, 2025

GK bottom line buffeted by headwinds even before Melissa hit

GraceKennedy Limited has posted mixed results for the nine months ended September. While revenues climbed, profits faltered – and Hurricane Melissa has added a new layer of complexity and may further…
Gary Peart, CEO of Mayberry Group Limited.
December 12, 2025

Mayberry bleeds $750m in third quarter as stocks slide

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…
Anne Chang, CEO of Fontana Limited.
December 12, 2025

Fontana expects to shrug off Melissa effects by new year

The outlook for Fontana Pharmacy remains positive as its stores in western Jamaica return to normality. “Our Montego Bay store closed for two weeks and is currently operating at reduced hours. We…