Category: Business & Economy

Gas acquisitions led the Jamaica operations of Massy to increase its revenue by one third in the last financial year. The purchases pushed year on year revenue to J$25 billion (US$160 million). Massy,…

The National Housing Trust (NHT) aims to reduce its energy costs by $287 million by installing solar panels at 10 locations. The initiative is part of the government’s push for sustainable development. The…

A San Francisco jury on Tuesday found a tech consultant guilty of second-degree murder in the stabbing death of Cash App founder Bob Lee. It carries a sentence of 16 years to life,…

Jamaica-based Outsourcing Management Limited (OML), which trades as iTel, plans to refinance $3.5 billion in debt, offering bondholders the option to convert their holdings into shares, provided the company lists on the stock…

Lumber Depot Ltd which operates a hardware store in Papine, St Andrew, made higher profit for its second quarter which signalled a rebound from earlier disruptions from Hurricane Beryl. The outlook remains cautious…

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next…

Living in the city offers residents greater access to commerce, but it comes with trade-offs such as higher rent, transportation costs and exposure to crime. Recognising these challenges, the Planning Institute of Jamaica,…

The rapid growth of the middle class in China and their search for experiences outside of their country has presented opportunities for international writers, including Jamaicans, to break into that massive market. This…

Amber Group is two years behind on its plan to launch a flying service in Jamaica, using recreational aircraft, but it is very much alive, the company’s CEO, Dushyant Savadia, has said. Having…

National Water Commission, NWC, plans to set up a solar system in St James, with a capacity of around 1 megawatt, to cut down on its energy bill. The water utility received planning…