Telecommunication services provider Flow Jamaica is reshaping its retail network and investing in network upgrades to protect its position in the market. It is estimated that more than a million homes in Jamaica…
Category: Business & Economy
Energy demand, oil prices swing amid global uncertainty
Oil prices swung wildly on Wednesday, sinking to a four-year low in anticipation of slowing economic growth due to a burgeoning trade war, before jumping two per cent after the announcement of a…
Kaya marijuana sales rising, profit elusive
Canabis company Kaya Inc sold a record US$3 million ($470 million) worth of products last year, growing sales by 28 per cent. Marijuana sales accounted for three-quarters of the revenue, with food and…
Manpower inks manufacturing, distribution deal with Paramount
Jamaica’s largest facilities maintenance company Manpower Maintenance Services, MMS, has signed a manufacturing and distribution deal with listed chemicals company Paramount Trading. The agreement was signed on the sidelines of Expo Jamaica 2025…
More tariff threats on a manic Monday for stocks
Undeterred by a stock market collapse that has continued for days, United States President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global…
Trapped and tariffed: Jamaica’s harsh reality in an unequal trade game
Trapped and tariffed is not just a headline nor is it a simulation: this is our current reality. With each passing day, the trap is tightening as we struggle to eke out a…
More export growth of yam possible
Despite steady growth in exports of yam over several years, stakeholders in the agricultural sector say the once humble tuber can earn even more than the US$40 million it did from exports from…
Berger recolours bottom line
In the nearly eighteen months since Dwaine Williams has been leading Jamaica’s largest paint manufacturer, Berger, as its top boss, the marketing and distribution specialist has been resetting the business and recolouring its…
MPC values Paradise Park solar investment at US$5.9m
MPC Caribbean Clean Energy Limited valued its stake in Paradise Park solar farm in Westmoreland at US$5.9 million ($930 million) through its holding company EREC Investment Limited. The company, which previously announced it…
Tesla sales tumble as Musk backlash, ageing lineup turn off buyers
Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The double-digit drop is…