Financial services conglomerate JMMB Group Limited, JMMBGL, reported a net loss of $686 million for the June 2025 quarter, citing the Government of Jamaica’s asset tax and a downturn in its investment in…
Category: Business & Economy
Atlantic Hardware going after new market segments with targeted strategy
New stock market entrant Atlantic Hardware…
Japan proposes new economic zone linking Indian Ocean to Africa
Prime Minister of Japan Shigeru Ishiba on Wednesday proposed an economic zone connecting the Indian Ocean to Africa as the country seeks to play a greater role in the African continent while America’s…
Spur Tree Spices now reaping 60% of inputs from new farm
Spur Tree Spices Jamaica Limited says its 240-acre farm in Bernard Lodge in St Catherine is currently supplying 60 per cent of the raw materials utilised in the manufacture of its products, CEO…
PIOJ projects decent growth for election quarter
The Planning Institute of Jamaica, PIOJ, expects the economy to grow two to three per cent in the July to September quarter, aided in part by increased consumption linked to General Election activity….
Air Canada strike declared illegal but flight attendants refuse to bow
The union for 10,000 striking Air Canada flight attendants said on Monday they won’t return to work even though the strike, now in its third day, has been declared illegal. The strike at…
Century to invest up to US$30m in Jamalco next year
Century Aluminum plans to invest up to US$30 million in its Jamaican alumina refinery, Jamalco, in 2026, to reduce energy costs and ramp up production towards full capacity. The investment was disclosed during…
Cedric Stephens | Resetting the health insurance mindset
T he Gleaner letter writer of the day, Fr Donald Chambers, posed important questions on August 13 in the context of speeches made at the groundbreaking for The University Hospital of the West…
Regency Petroleum revenue falls as gas gets cheaper
Despite a 39 per cent increase in the volumes of gasolene sold during the June second quarter, Regency Petroleum Company Limited, RPL, recorded lower revenue. But its earning did not disappoint, rising 36…
Bird strikes surge at airport, raising safety and biodiversity concerns
When Condor Airlines landed at Sangster International Airport from Düsseldorf, Germany, last year, conditions were ideal: clear skies and low wind. But something was off. “Ground, we may have hit a bird. You…
