Excelerate Energy plans to invest up to US$400 million in energy infrastructure across Jamaica and the wider Caribbean, following its acquisition of natural gas assets from New Fortress Energy. The move will position…
Category: Business & Economy
Puerto Rico power company debt deal crumbles
A plan to restructure more than US$9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal with a…
Wisynco invests in Select Brands holding company
Beverage maker and consumer goods distributor Wisynco Group Limited has acquired the assets and operations of Ringtail Bottlers Limited, RBL, and has taken a 30 per cent stake in Ringtail Holdings Limited, the…
Statin to rebrand image
The Statistical Institute of Jamaica wants to overhaul its public image, logo, and identity, and is seeking a consultant to help with its rebranding efforts. The name of the organisation will not change….
European postal services suspend shipment of packages to US over tariffs
The end of an exemption on tariff duties for low-value packages coming into the United States is causing multiple international postal services to pause shipping as they await more clarity on the rule….
BGLC wants laws with teeth for unlicensed and online bookmakers
Jamaica’s gambling regulator, the Betting Gaming and Lotteries Commission, BGLC, is warning the public on the illegality of placing bets with bookmakers that are not licensed to operate in Jamaica, and the attendant…
Yaneek Page | 2025 manifesto: priorities for small business constituents
Every election cycle politicians trip over themselves to play the role of small business champion. They unveil extensive menus of goodies for MSMEs, and are the loudest advocates for entrepreneurial risk-taking. On paper,…
JMMB Group slams asset tax as Q1 earnings stay red
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…
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…
