Business

Business
January 30, 2026 by Luke Douglas

Nearly half of Hurricane Melissa social posts contained ‘hype’, study finds

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…
Dushyant Savadia, CEO of Amber Group.
January 30, 2026

Amber partners into Guyana

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…
Chris Bicknell of Tank-Weld group.
January 28, 2026 by Luke Douglas

Tank-Weld enters solar distribution market

Tank-Weld Group, the local construction supplier, has launched a solar division to supply panels, inverters and batteries across the Caribbean as demand surges following Hurricane Melissa’s…
The commissioning and dedication ceremony of the West Indies Petroleum’s ‘Endeavour’ vessel.
January 28, 2026

West Indies Petroleum Terminal posts turnaround and doubles annual profit

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…
Derrick Cotterell, executive chairman of Derrimon Trading Company Ltd, whose subsidiaries include Woodcats International..
January 30, 2026

Pallet maker Woodcats seeks $750 million

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…
Yaneek Page
January 28, 2026

Labour importation is on the table

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…
Brian Larkin CEO of United Oil and Gas Plc.
January 25, 2026

Vessel offshore Jamaica to test billion-barrel oil prospect this week

A research vessel departed Trinidad last weekend bound for Jamaica to conduct seabed surveys, starting this week, aimed at confirming whether oil-like substances detected beneath the island’s waters…
Business
January 25, 2026

Jamaica positioned to benefit from US trade realignment, Wall Street strategist says

Jamaica can capture investment flows from the US as companies restructure their network of suppliers in response to geopolitical tensions, a Wall Street strategist said. John Stoltzfus, chief…
Michael Lee-Chin chairman of NCB Financial.
January 25, 2026

Lee Chin affiliated entity makes bondholder payment

AIC (Barbados) Ltd has paid US$94 million to bondholders, according to the Jamaica Central Securities Depository (JCSD) Trustee Services. Payment was made “in full” responded Andrea Kelly, JCSD…