Mon | Sep 15, 2025

Stories by Luke Douglas - Senior Business Reporter

Published:Friday | September 5, 2025 | 12:07 AMLuke Douglas - Senior Business Reporter

With the general election reaching its climax on Wednesday, September 3, some businesses are counting windfall earnings from the provision of goods and services to boost both major political parties in their quest for victory at the polls. From...

Published:Sunday | August 31, 2025 | 12:10 AMLuke Douglas - Senior Business Reporter

BirdShack Fried Chicken is actively looking for a new location in Kingston to re-establish a store in the city, possibly before the end of the year, and is looking forward to adding more restaurants in 2026. Wayne Cummings, CEO of Arya QSR Limited...

Published:Friday | July 25, 2025 | 12:08 AMLuke Douglas - Senior Business Reporter

More than 200 local companies are in various stages of preparation for listing on the proposed micro market of the Jamaica Stock Exchange. It will facilitate the raising of $10 million to $49.9 million in equity capital for micro companies that are...

Published:Sunday | July 6, 2025 | 12:09 AMLuke Douglas - Senior Business Reporter

The improvement in the salaries to public sector pharmacists of the past three years has made it more difficult for private pharmacies to recruit and retain pharmacists in their employ, the Financial Gleaner has learned. Currently, pharmacists in...

Published:Sunday | June 22, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

With earnings and employment in the business process outsourcing sector having hit a plateau in the last year, logistics is said to be emerging as the next driver of foreign exchange earnings and jobs. Wayne Sinclair, president of the Global...

Published:Sunday | June 1, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

Despite the dominance of imported lumber for use in the construction and furniture industries in Jamaica, the use of local lumber continues to a small extent, particularly in the craft sector, as well as by some traditional furniture makers. At...

Published:Friday | May 30, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

The shortage of warehouse spaces in Kingston and in other parts of the country are currently being addressed, although the demand for such spaces remains high, say people involved in the construction and real estate sectors. David Dixon, realtor...

Published:Sunday | May 25, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

There have been calls for the motor vehicle repair sector in Jamaica to be overhauled in light of the influx of Chinese vehicles to the island as well as the interest generated by a new Chinese repair outlet in Ferry, St Catherine, which was...

Published:Sunday | May 18, 2025 | 12:09 AMLuke Douglas - Senior Business Reporter

With less than one per cent of the poultry trade throughout CARICOM originating from companies in the region, players in the industry say non-tariff barriers are curtailing their efforts to do more business in the Caribbean. Members of the...

Published:Sunday | May 4, 2025 | 12:07 AMLuke Douglas - Senior Business Reporter

The Jamaican castor oil industry has not been able to shed the perception of being an enterprise for the ‘small man’, largely because the potential earnings mainly flow to counterfeit products on the market that are falsely labelled as Jamaican,...

Published:Sunday | April 13, 2025 | 12:08 AMLuke Douglas - Senior Business Reporter

The hospitality sector in Kingston and St Andrew, collectively referred to as the Corporate Area, has been quite active in 2025 so far, with a series of music and sporting events providing steady business for those with rooms in the capital city....

Published:Sunday | April 6, 2025 | 12:06 AMLuke Douglas - Senior Business Reporter

Despite steady growth in exports of yam over several years, stakeholders in the agricultural sector say the once humble tuber can earn even more than the US$40 million it did from exports from Jamaica in 2023. However, a shortage of workers for...

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 | February 23, 2025 | 12:08 AMLuke Douglas - Senior Business Reporter

After years of delays, the Jamaican government says it is closer to establishing entertainment zones where events can be held without disturbing communities and earnings from the entertainment sector can be maximised. As part of the buildout of the...

Published:Wednesday | February 19, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

As the complaints about the lack of parking spaces for motor vehicles in the capital city continue, the Kingston and St Andrew Municipal Corporation is inviting property owners that hold lands suitable for the purpose to partner with the KSAMC in...

Published:Wednesday | February 5, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

When use of the marijuana plant was decriminalised in 2015, there was excitement that the cannabis industry was going to be the next big thing in Jamaica. But a decade later, the cannabis industry has not taken off as expected, and industry players...

Published:Monday | February 3, 2025 | 4:48 PMLuke Douglas - Senior Business Reporter

Following the launch of its prefabricated modular home in May last year, DM Equipment Limited has only sold two of the units so far – one each in Lucea, Hanover and May Pen, Clarendon. However, the company remains optimistic that Jamaicans will...

Published:Sunday | January 19, 2025 | 12:07 AMLuke Douglas - Senior Business Reporter

The dairy sector is aiming to double the output of milk from Jamaica in the next three to five years, with at two of Jamaica’s large dairy producers at the forefront of the drive. Serge Island Farms in St Thomas and Trade Winds Citrus in St...

Published:Friday | January 17, 2025 | 12:07 AMLuke Douglas - Senior Business Reporter

After languishing for decades, another effort is being made to bring back the dairy sector to its former glory, when Jamaica produced three times more milk. Industry players cite climate change and the need to import better breeds of dairy cattle...

Published:Sunday | January 12, 2025 | 12:05 AMLuke Douglas - Senior Business Reporter

Following a devastating fire at the production plant of Pure National in Kingston last November that hobbled the dominant player in the market for block ice, eyebrows were raised when the Jamaican government granted permission for the importation...

Published:Friday | November 22, 2024 | 12:08 AMLuke Douglas - Senior Business Reporter

A water well currently being drilled for Caribbean Cream Limited, which trades as Kremi, could be a game changer for the ice cream company, which has already registered improved performance in 2024 over the previous year. CEO of Caribbean Cream,...

Published:Sunday | November 17, 2024 | 12:07 AMLuke Douglas - Senior Business Reporter

There is a level of uncertainty about the supply of sorrel and other locally grown crops for the rest of the year, following the passage of Tropical Storm Rafael as well as weeks of heavy rains that have inundated the island. But the lack of sorrel...

Published:Friday | October 11, 2024 | 12:11 AMLuke Douglas - Senior Business Reporter

After years of promise, professional football seems to be taking off as a business opportunity in Jamaica, with a number of corporate players positioning themselves to score by pumping expertise and money into the sport. Party and event organiser...

Published:Sunday | September 22, 2024 | 12:05 AMLuke Douglas - Senior Business Reporter

A shortage of key inputs, such as scotch bonnet peppers and pimento, is hindering at least one local manufacturing company from filling export orders for its products. Albert Bailey, CEO of Spur Tree Spices Jamaica Limited, says a series of weather...

Published:Friday | September 13, 2024 | 12:06 AMLuke Douglas - Senior Business Reporter

At least two large supermarket chains have increased their imports of vegetables to meet the reduction in local supplies that resulted from the passage of Hurricane Beryl two months ago. Hi-Lo Food Stores and MegaMart both said they were able to...

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