Category: Business & Economy

Paramount Trading (Jamaica) Limited swung back to profit in the second quarter (Q2) ended November 30, 2025, notching net earnings of $31.1 million compared with a $10.8 million loss a year earlier. Hurricane…

ChatGPT has emerged as Jamaica’s most visited website, surpassing global heavyweights such as Wikipedia, YouTube, and Amazon, according to analytics firm Ahrefs. The artificial intelligence (AI) chatbot ranks number one locally but seventh…

Fuel terminal operator West Indies Petroleum Terminal (WIPT) reported weaker earnings in its first financial release since listing, sending shares down more than 25 per cent. Even so, the stock traded mid-day Thursday…

Innovative Energy Group (IEG) plans to assemble electric golf carts in Jamaica, betting the venture will open doors for its core solar panel business across Caribbean resorts and golf clubs. The renewable-energy company…

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over…

West Indies Petroleum Terminals (WIPT), a storage facility operator that listed on the Jamaica Stock Exchange (JSE) just three weeks ago, has surged to a market capitalisation that now exceeds NCB Financial Group’s,…

Borrowers are falling behind in their loan payments, with past-due loans in October 2025 surging over 50 per cent month-on-month, reflecting the onset of the economic fallout from Hurricane Melissa. The delinquencies, captured…

Jamaica ended 2025 with 524,000 fewer passengers, marking the largest annual decline since the pandemic, as Hurricane Melissa battered the island’s tourism sector. “Montego Bay and Kingston recorded decreases … as a result…

West Indies Petroleum Terminal Ltd. (WIPT) stock climbed above $5.60 in Thursday trading, or 11 times its listing price some two weeks earlier, reflecting a rally driven more by scarcity than fundamentals. Since…

Crowds flooded the freshly opened showroom floors on Day 2 of CES, which originally stood for the Consumer Electronic Show, and were met by thousands of robots, AI companions, assistants, health longevity technology,…