An experimental medication made from marijuana successfully reduced back pain in a new study, offering further support for the drug’s potential in treating one of the most common forms of chronic pain. The…
Category: Business & Economy
BOJ maintains policy rate at 5.75 per cent
The Bank of Jamaica (BOJ) has announced it is holding its policy rate at 5.75 per cent per annum. It says during meetings on September 25 and 26, its Monetary Policy Committee (MPC)…
Oran Hall | The far-reaching effects of a weak stock market
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…
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…