Century Aluminum plans to invest up to US$30 million in its Jamaican alumina refinery, Jamalco, in 2026, to reduce energy costs and ramp up production towards full capacity. The investment was disclosed during…
Category: Business & Economy
Cedric Stephens | Resetting the health insurance mindset
T he Gleaner letter writer of the day, Fr Donald Chambers, posed important questions on August 13 in the context of speeches made at the groundbreaking for The University Hospital of the West…
Regency Petroleum revenue falls as gas gets cheaper
Despite a 39 per cent increase in the volumes of gasolene sold during the June second quarter, Regency Petroleum Company Limited, RPL, recorded lower revenue. But its earning did not disappoint, rising 36…
Bird strikes surge at airport, raising safety and biodiversity concerns
When Condor Airlines landed at Sangster International Airport from Düsseldorf, Germany, last year, conditions were ideal: clear skies and low wind. But something was off. “Ground, we may have hit a bird. You…
ExxonMobil to explore for oil and gas offshore Trinidad
ExxonMobil signed a deal on Tuesday to explore a vast area near Trinidad…
Progressive Grocers to develop second commercial complex in St Ann
Progressive Grocers of Jamaica plans to deepen its footprint in St Ann. The latest project, a proposed 7,607-square metre commercial complex at Windsor Estate received environmental and planning approvals in July from the…
Paramount back in black
Shrugging off losses that broke its winning streak after more than three decades of operation, Paramount Trading Jamaica Limited is back in the black for year ending May 2025. In its newly released…
US to get 15% cut of Nvidia and AMD chip sales to China
Nvidia and AMD have agreed to share 15 per cent of their revenues from chip sales to China with the United States government, as part of a deal to secure export licences for…
Yaneek Page | Small business owners still struggling with recovery after pandemic
It’s been just over two years since the COVID-19 pandemic was declared over by the World Health Organization. Masks are gone, events are back, school is face-to-face again, travel restrictions are behind us,…
SVL cuts and innovates its way to bigger profit
Cost-cutting and product innovation, backed by heavy marketing and advertising at gaming and lottery company Supreme Ventures Limited, SVL, have combined to deliver nearly two-thirds higher profit in the June second quarter. Executive…