Category: Business & Economy

Caribbean Chemicals…

The Barnett Tech Park in Montego Bay suffered significant damage as a result of Hurricane Melissa, leaving more than 6,000 workers in the global services, or outsourcing, sector without a job for now….

The Government of Jamaica will begin formal discussions in January to either renew or revoke the licence of sole power utility Jamaica Public Service Company Limited, JPS, following the close of a tender…

Saudi oil giant Aramco reported on Tuesday a US$26.9-billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on…

Several airports with major package distribution centres are on the list of airports that will reduce capacity in the wake of the US Federal Aviation Administration’s announcement of a 10 per cent reduction…

PriceSmart Inc, operator of membership warehouse clubs across the Americas, plans to double its store count in Jamaica to four by next year. “The company purchased land in Montego Bay, Jamaica, and leased…

CCRIF Spc, the Caribbean catastrophe risk insurance facility, will make a second payment to Jamaica, this time in relation to rainfall due to Hurricane Melissa. A day later, on Friday, the World Bank…

Just nine months in, General Accident Insurance Company Jamaica Limited’s earnings have already surged past the full-year results for all of 2024, performance that positioned the insurer for a strong year end close;…

General Accident Insurance Company Jamaica Limited is expanding through the addition of a new subsidiary, Trinidad-based Beacon Insurance Company Limited, which will create one of the largest regional insurance platforms in the English-speaking…

Google Maps is heading in a new direction with artificial intelligence sitting in the passenger’s seat. Fuelled by Google’s Gemini AI technology, the world’s most popular navigation app will become a more conversational…