There has been an increase in sales of zinc sheeting since the passage of Hurricane Melissa, as persons push to restore their homes, many of which lost roofs made from the same material…
Category: Business & Economy
Pulse adjusts approach to revenue recognition
Pulse Investments Limited has reported a sharp contraction in core revenue for the financial year ending June as it reshapes its business model. The modelling agency and hospitality company reported turnover of $157.5…
Dom Rep positions for tourists rerouted from Jamaica by Hurricane Melissa
The Dominican Republic has authorised the arrival of 800 new flights to accommodate a surge in tourists who were originally planning to vacation in Jamaica and other nearby islands, but were rerouted following…
Arc Manufacturing files lawsuit against Tank-Weld over rebar pricing
Arc Manufacturing Limited has filed a lawsuit against Tank-Weld Metals Limited, accusing Jamaica’s largest steel distributor of abusing its dominant position in the rebar market through predatory pricing practices that allegedly crippled ARC’s…
Seprod surging at the top line, but cost of expansion weighs heavy
Seprod Limited delivered another quarter of robust revenue growth, buoyed by its regional acquisitions and expanded distribution footprint. However, the gains at the top line have not translated into commensurate improvements in profitability,…
Air travel plunged in October as Melissa disrupted flights
Travellers to Jamaica fell sharply in October 2025, underscoring the immediate impact of Hurricane Melissa on the country’s tourism and travel markets. Despite making landfall just three days prior to month-end, the storm…
Vote on Portland bond debt set for coming week
Bondholders are set to vote in December on terms for payment or an extension of the outstanding bonds issued by companies ultimately controlled by investor and chairman of Portland Private Equity, Michael Lee-Chin….
UK Labour government tries to fight back with tax-raising budget
Britain’s centre-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease cost-of-living pressures. But the budget’s contents…
Brace for recession but bank on resilience, says PIOJ
The Planning Institute of Jamaica, PIOJ, says said that while the country should expect a recession, steps are being taken to strengthen the economy’s ability to withstand future weather shocks. The agency is…
Produce stockpile aids Spur Tree Spices’ recovery from Melissa
In the wake of Hurricane Melissa, Spur Tree Spices Jamaica Limited says it manufacturing operation has suffered no downtime due to its decision to stockpile raw material for the range of seasonings and…
