Mandeville will get a more reliable water supply before Christmas, ending years of shortages in that town, Water, Environment and Climate Change Minister Matthew Samuda said on Thursday. It aims to solve the…
Category: Business & Economy
Social media real estate posts face regulatory scrutiny
The Real Estate Board has opened a review of its code of ethics to set standards for how agents advertise property on social media and has sued a company it alleges brokered property…
BPO workers and founders must pivot as sector contracts, says BOJ governor
Business process outsourcing (BPO) workers and founders must pivot as artificial intelligence (AI) cuts the industry’s need for workers, Bank of Jamaica (BOJ) Governor Dr Brian Langrin said on Friday. It comes as…
Palace bets on arcades and bars as film revenue falls
The Palace Amusement Company (1921) Limited plans to lean less heavily on film, building entertainment zones for children and adults as its annual loss widened to $190.2 million and its auditor flagged doubt…
Consultant to share in US$750,000 budget to investigate drivers of electricity loss in Jamaica, including theft
The government wants to hire a consultant to share US$750,000 (J$119 million) allocated to find out what drives electricity losses in Jamaica, including theft. The Inter-American Development Bank and the European Union-Caribbean Investment…
Sagicor Jamaica shareholders back Caribbean merger; court sanction pending
Shareholders of Sagicor Group Jamaica Ltd approved a plan on Wednesday to combine the company with Sagicor Life Inc under a new regional parent, clearing the first hurdle in a reorganisation that would…
QWI chairman remains silent on buying SpaceX or Anthropic stock
The chairman of QWI Investments Ltd refrained from disclosing whether the fund will buy shares in SpaceX or Anthropic, even as gains on AI-linked US stocks pushed the investment company back to a…
Campari earns roughly J$20 billion from Jamaica in nine months
Jamaica made up about 5 per cent of Campari Group’s €2.29 billion in sales for the first nine-months of 2026, roughly €114 million (J$20.2 billion), or €500,000 higher than a year earlier, according…
Wendy’s, struggling with beef prices and growing competition, gets a buyout offer
Wendy’s shares jumped 15 per cent at the opening bell Wednesday after noted investor Nelson Peltz made an offer to buy the chain, which has been struggling with high beef prices and ageing…
