Business

Yoni Epstein
December 9, 2025

Yoni Epstein | Outsourcing beyond the storm

On October 28, Jamaica witnessed a once-in-a-generation storm, a Category 5 hurricane, the largest to make landfall on the island since Hurricane Gilbert in 1988, and we are just beginning to…
Coffee producer Jose Natal da Silva sifts coffee beans on his farm in Porciuncula, Rio de Janeiro state, Brazil, July 17, 2025.
December 9, 2025

Brazil hails ‘significant progress’ after tariff rollback, seeks more exemptions

Brazil’s Vice President Geraldo Alckmin on Friday hailed US President Donald Trump’s order to remove the additional import tariffs on some agribusiness products as “significant progress”, but said the…
The BOJ has taken special pre-emptive measures in the foreign exchange market.
December 9, 2025

BOJ holds rates steady amid Hurricane Melissa fallout, expects inflation to return to normal by 2027

The Bank of Jamaica (BOJ) has opted to keep its policy rate unchanged at 5.75 per cent per annum, amid mounting inflation pressures following the passage of Hurricane Melissa. The decision was taken…
CEO of Spur Tree Spices Jamaica Limited, Albert Bailey.
December 9, 2025 by Luke Douglas

Produce stockpile aids Spur Tree Spices’ recovery from Melissa

In the wake of Hurricane Melissa, Spur Tree Spices Jamaica Limited says it manufacturing operation has suffered no downtime due to its decision to stockpile raw material for the range of seasonings…
Debris surrounds damaged homes along the Black River, Jamaica, in the aftermath of Hurricane Melissa.
December 9, 2025

Rebuilding after devastation – PwC policy initiatives to drive recovery

When Hurricane Melissa struck New Hope in Westmoreland with Category Five winds, it left devastation – and with it the livelihoods of residents.
Fitch estimates an economic contraction of 1.5 per cent in 2025 followed by a modest recovery of 1.8 per cent in 2026.
December 9, 2025

Fitch revises Jamaica's outlook from positive to stable following Hurricane Melissa

International rating firm Fitch has affirmed Jamaica’s sovereign credit rating at BB-, but has revised Jamaica’s Outlook from positive to stable, noting the significant damage inflicted by Hurricane…
Huawei office building at its research and development centre in Dongguan in south China’s Guangdong province.
December 9, 2025

Chinese Tech Enterprise Huawei Makes Steady Progress in Global Consumer Electronics Market

Chinese technology enterprise Huawei announced that it will launch the ‘Wheelchair Mode’ for its Active Ring feature this month, specifically developed for wheelchair users worldwide, integrating…
Business
December 9, 2025

OpenAI, Foxconn to partner in AI hardware design , manufacturing in the US

OpenAI and Taiwan electronics giant Foxconn have agreed to a partnership to design and manufacture key equipment for artificial intelligence data centres in the United States as part of ambitious…
AP
A ‘female’ crash test dummy is shown in a driver’s seat at Humanetics in Farmington Hills, Michigan, USA, June 10, 2025.
December 9, 2025

New ‘female’ crash test dummy design to improve car safety

The US government on Thursday released a new crash test dummy design that advocates believe will help make cars safer for women. The Department of Transportation will consider using the dummy in the…