Business
Bauxite mining and alumina refining company Jamalco will invest US$70.5 million ($11 billion) to extend the life of its mining operations by accessing additional bauxite resources in Manchester, though its plan remains a “sensitive” issue. The...
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Student accommodation provider 138 Student Living Jamaica Limited, 138SL, hopes to come to an agreement with its host, UWI Mona, to settle monies owed to the company by the university. Chairman Ian Parsard says receivables amounting to $700...
As the living representative of the deceased, the executor is responsible for the effective administration of the testator’s estate and risks being removed for cause, but has the right to renounce the executorship. The executor – executrix, if a...
Smart CEOs instinctively know something about game-changing decisions. They correctly conclude that such commitments require the creation of a unique context. But what exactly makes breakthrough strategic thinking different – and why do so many...
Former Prime Minister P. J. Patterson was quoted recently as saying that the Financial Services Commission “had better pad up a top-class legal team over potential lawsuits from 200 clients whose funds were stolen from their investment accounts at...
Trade and political tensions between the United States and its immediate neighbours, Canada and Mexico, are at historic highs, raising fears of a full-scale trade war and a collapse of the US-Mexico-Canada Agreement, the USMCA, which itself was a...
Southwest Airlines will begin charging customers a fee to check bags, abandoning a decades-long practice that executives had described last fall as key to differentiating the budget carrier from its rivals. Southwest, which built years of...
Elon Musk’s Starlink signed an agreement with India’s top telecoms operator on Wednesday to bring the American satellite Internet giant’s services to the world’s most populous country, a day after announcing a similar agreement with the country’s...
Berger Paints Jamaica Limited has invested $130 million in new infrastructure and machinery with the intention of growing share of the paint coatings market. With the commissioning of the new facility, Berger now has around 1.45 million litres of...
Banking conglomerate Scotia Group Jamaica Limited, SGJ, achieved net profit of $4.1 billion for its first quarter ending January 2025, up 34.5 per cent year-on-year. The operator of Jamaica’s No. 2 commercial bank continues its trajectory towards...
Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. The tech-heavy Nasdaq stock index...
President of the United States Donald Trump officially increased tariffs on all steel and aluminium imports to 25 per cent on Wednesday, promising that the taxes would help create US factory jobs at a time when his seesawing tariff threats are...
No permits will be given for the importation of eggs into Jamaica despite the ongoing shortage, Minister of Agriculture Floyd Green has declared. Speaking at a forum on food security, Green said steps will be taken to manage the shortfall in egg...
Caribbean Cement Company Limited, CCC, overcame challenging weather conditions to achieve a net profit of $5.9 billion for its December year-end, marking a 6.7 per cent increase year on year. Jamaica’s sole cement manufacturing operation and the...
Pan Jamaica Group Limited made net profit of $6.1 billion, up 63 per cent year on year. The group’s results were generated from revenues of $40 billion, an increase of 38 per cent when compared to the previous year. Group CEO and Vice-Chairman...
The annual sales of the largest Jamaican rum producer, J. Wray...
