Sat | Sep 13, 2025

Business

Published:Friday | August 29, 2025 | 12:09 AM

Kaya, which trades in medical marijuana and merchandise, reported a bump in sales in the June quarter. Three-month sales of US$866,000 and six-month sales of US$1.6 million – $140 million and $250 million, respectively, in local currency – grew 23...

Published:Friday | August 29, 2025 | 12:09 AM

Marketing and creative company The Limners and Bards Limited has completed at least two of its five movies promised last year and is hoping that, starting in 2026, earnings from the romance flicks will keep shareholders in love with the company....

Published:Friday | August 29, 2025 | 12:09 AMSteven Jackson - Senior Business Reporter

Excelerate Energy plans to invest up to US$400 million in energy infrastructure across Jamaica and the wider Caribbean, following its acquisition of natural gas assets from New Fortress Energy. The move will position Jamaica as a regional hub for...

Published:Thursday | August 28, 2025 | 9:45 AM

A plan to restructure more than US$9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal with a federal control board overseeing the United States territory’s...

Published:Wednesday | August 27, 2025 | 12:06 AM

Beverage maker and consumer goods distributor Wisynco Group Limited has acquired the assets and operations of Ringtail Bottlers Limited, RBL, and has taken a 30 per cent stake in Ringtail Holdings Limited, the company that owns Select Brands...

Published:Wednesday | August 27, 2025 | 12:06 AM

Brazil’s government said on Monday it will buy several domestic products hit by the 50 per cent higher US tariffs, such as acai, coconut water, mangoes and Brazilian nuts – and that it will pay an “adequate” price for them. Coffee and beef did not...

Published:Wednesday | August 27, 2025 | 12:06 AM

President of the United States Donald Trump said on Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been...

Published:Wednesday | August 27, 2025 | 12:06 AM

Many founders of family-owned businesses, FOBs, continue to have sleepless nights, wondering why their children are not interested in being in the business. The desire of these founders is to have the family businesses continue after them, with...

Published:Wednesday | August 27, 2025 | 12:05 AM

Unicomer Jamaica, operator of the Courts furniture stores, has a new managing director. Ann Marie Walters became the first female to head the chain in the 66 years of its local operation in June. She succeeded Edwin Vaquerano, who himself replaced...

Published:Wednesday | August 27, 2025 | 12:05 AM

Paint maker Berger Paints Jamaica Limited said “significant and unforeseen global supply disruptions” caused a temporary break in product availability and order fulfilment in the June quarter. General Manager Dwaine Williams said that like many...

Published:Wednesday | August 27, 2025 | 12:05 AMSteven Jackson/Senior Business Reporter

The Statistical Institute of Jamaica wants to overhaul its public image, logo, and identity, and is seeking a consultant to help with its rebranding efforts. The name of the organisation will not change. Statin’s end-goal is “the creation of a...

Published:Wednesday | August 27, 2025 | 12:05 AM

Derrimon Trading Company Limited’s profit surged seventy per cent in the April-June quarter relative to the 2024 period but the company’s leader is not inclined to celebrate just yet. “Last year was a bad year, so that’s not our base,” CEO Ian...

Published:Tuesday | August 26, 2025 | 12:09 AM

The end of an exemption on tariff duties for low-value packages coming into the United States is causing multiple international postal services to pause shipping as they await more clarity on the rule. The exemption, known as the ‘de minimis’...

Published:Sunday | August 24, 2025 | 12:10 AM

China released new interim measures Friday, tightening controls on mining and processing of rare earths that are used in many high-tech products, including electric vehicles, smartphones, and fighter jets. The rules released Friday by the Ministry...

Published:Sunday | August 24, 2025 | 12:10 AMDennis Snower - Guest Columnist

For decades, the dollar’s position as the world’s leading reserve currency has provided the United States with extraordinary advantages: the ability to borrow at low interest rates, run large current account deficits, and finance budget shortfalls...

Published:Sunday | August 24, 2025 | 12:09 AM

One way to be climate-friendly is to shop sustainably. But figuring out which products count as ‘sustainable’ can be hard, especially when buying online. As ordering with a computer or phone becomes more ubiquitous, the number of online products...

Published:Sunday | August 24, 2025 | 12:09 AM

It is quite normal to hear these days that the Bank of Jamaica, BOJ, has intervened in the foreign exchange market. It has good reason for doing so – to stabilise the market by bringing supply and demand into balance. There are winners and losers...

Published:Sunday | August 24, 2025 | 12:09 AM

Every election cycle politicians trip over themselves to play the role of small business champion. They unveil extensive menus of goodies for MSMEs, and are the loudest advocates for entrepreneurial risk-taking. On paper, manifestos proclaim that...

Published:Sunday | August 24, 2025 | 12:07 AMNeville Graham - Business Reporter

Jamaica’s gambling regulator, the Betting Gaming and Lotteries Commission, BGLC, is warning the public on the illegality of placing bets with bookmakers that are not licensed to operate in Jamaica, and the attendant risks with such wagers. The...

Published:Sunday | August 24, 2025 | 12:05 AM

Chinese government officials last month showed off what they say will be the world’s largest solar farm when completed high on a Tibetan plateau. It will cover 610 square kilometres (235 square miles), which is the size of Chicago. China has been...

Published:Friday | August 22, 2025 | 12:12 AM

Walmart Inc powered through an uncertain economic environment and tariff concerns and delivered solid second-quarter financial results that showed it keeps pulling in shoppers and outpacing peers like Target. The nation’s largest retailer also on...

Published:Friday | August 22, 2025 | 12:12 AM

Most of the United States’ Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of...

Published:Friday | August 22, 2025 | 12:11 AM

Wall Street traders have been known to joke that the longest river in the emerging-market economies is “de-nial”. But given the irrational exuberance gripping the US stock market – which is trading at historically high valuations, despite...

Published:Friday | August 22, 2025 | 12:11 AM

After a year-long shortage, ackee processors are seeing an uptick in the supplies of the raw material and are hopeful that market conditions will improve before the end of the year, according to two producers of canned ackees. Canute Sadler,...

Published:Friday | August 22, 2025 | 12:11 AM

New stock market entrant Atlantic Hardware...

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