Farm thieves are turning to drones and the hijacking of trucks despite an overall fall in violent crimes. Agribusiness leaders say they are experiencing high levels of theft, and that rising security costs…
Category: Business & Economy
China’s economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs
China’s economy expanded 5.4 per cent from January to March compared to year-earlier levels, the government said Wednesday, supported by strong exports ahead of US President Donald Trump’s rapid increases in tariffs on…
Sandals Montego Bay to build overwater rooms
Sandals Montego Bay plans to spend US$9 million (J$1.4 billion) on the construction of overwater bungalows and villas, its third on the island. The project will introduce 18 overwater bungalows and 10 villa-style…
Jetcon doubles down on new cars with waiting list
Jetcon aims to speed past its $74.3 million year-end loss by focusing on new car sales instead of its used car business. Declining revenues, exacerbated by an increasingly competitive environment especially since the…
Paramount doubles down on changes to counter loss
Paramount Trading returned to profit following changes at the chemicals manufacturing and distribution firm. CEO Hugh Graham said the profit of $9.27 million for the February 20205 third quarter signals a recovery for…
MBJ extends US$60-million loan
MBJ Airports Limited (MBJ) has successfully negotiated a five-year extension on its US$60-million credit line with the Bank of Nova Scotia. The loan extension will provide MBJ with greater financial flexibility as it…
China’s exports spike in March
China’s exports jumped 12.4 per cent in March from a year earlier in a last-minute flurry of activity as companies rushed to beat increases in tariffs imposed by the United States, and analysts…
Short-term rentals growing in Kingston
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…
Pulse working on transition with expert panel
Faced with plummeting revenue, entertainment company and modelling agency Pulse Investments Limited is searching for solutions on how to reinvigorate the business in the wake of the passing of founder Kingsley Cooper, and…
Barita finalises reorganisation
The company now known as Barita Financial Group Limited, BFGL, has finalised the legal aspects of its corporate restructuring, following the approval by the Supreme Court this month. “The schemes will come into…