Ordinary shares can be relied upon to yield very positive returns to investors over the long term, but, because stock markets are cyclical, there are periods when equities do not give positive returns…
Category: Business & Economy
Coworking sector sprouting in Jamaica
Although most workplaces have long called back employees into office in the post-pandemic era, options for coworking and virtual office space in Jamaica continue to grow, at least in Kingston. From The Business…
JN Bank overcomes ‘close call’ to grow capital and profit
JN Bank Limited met tougher regulatory capital requirements in its 2025 financial year ending March, while also posting higher pre-tax profit and fewer impairment losses, its newly released financial results show. It marks…
Indies Pharma raises new bond, board to determine roll-out of HQ project
Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing debt and for investment….
Companies Office home under renovation, moving to Pan Jam building
The Companies Office of Jamaica, COJ, is expanding at its current location at Grenada Way in New Kingston to better serve clients but is making plans to relocate within two years, Minister of…
Al Gore’s satellite and AI system now tracking sources of deadly soot pollution
Soon people will be able to use satellite technology and artificial intelligence to track dangerous soot pollution in their neighbourhoods – and where it comes from – in a way not so different…
Morant Bay Urban Centre not yet in business
Four months after its official opening, the Morant Bay Urban Centre, MBUC, confirmed tenants are retrofitting their allotted spaces but are yet to start doing business there. The 365,000-square-foot commercial complex, which opened…
Derrimon tackling debt as priority amid operational restructuring
Derrimon Trading Company Limited is taking steps to deleverage, an issue that has become a priority for the group amid concerns by its auditors. CEO Ian Kelly disclosed that discussions were under way…
Nvidia to invest US$100b in OpenAI
Chipmaker Nvidia will invest US$100 billion in OpenAI as part of a partnership announced Monday that will add at least 10 gigawatts of Nvidia AI data centres to ramp up the computing power…
Apparel sector holding its own in niche market
Entrepreneurs involved in the production of clothing locally say the sector remains viable but mostly in particular niches, as garment makers are unable to compete with cheaper imports, mainly from China. Custom-made clothing,…