Category: Business & Economy

Portland JSX Ltd (PJX), the private equity fund that mirrors a larger fund controlled by businessman Michael Lee-Chin, recorded its largest annual loss since inception. Its performance reflected continued weakness in capital markets,…

Financial heroes are resilient. Some build resilience from scarcity; others develop resilience to recover from financial disruption. It is not the quantum of money that people have that makes them heroes, but the…

Spending on film productions in Jamaica fell by more than half in 2025 from year-earlier levels as the fallout from Hurricane Melissa disrupted filming activity, according to recently released government data. The decline…

The US stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial, and other big companies. The S&P 500 added 0.4 per cent and pulled within 1 per cent…

Last week, we examined one of the most important lessons from Hurricane Melissa. The storm damaged homes, businesses, infrastructure and livelihoods on a scale never seen in Jamaica. According to a joint assessment…

Caribbean Cream Ltd, the maker of Kremi ice cream, reported a 16-fold rebound in quarterly profit as it benefited from lower production costs amid sweltering summer heat. The company posted net profit of…

Jamaica’s Supreme Court has ordered Chas E. Ramson Ltd, or its directors, to buy out Sally Fulton, the sister of its chairman, after finding the directors exercised their powers in a way that…

Margaritaville Jamaica plans to raise equity through a public offering within 90 days, giving investors a stake in the operator of three Margaritaville venues and a fine-dining restaurant on the island. The company…

Mailpac Group Ltd. will ask shareholders to approve issuing 50 million shares to complete its acquisition of former rival My Cart Quick Ltd., a deal whose value has been cut by three-quarters from…