West Indies Petroleum Terminal Limited, a fuel distribution company, will be listing its shares by introduction on the main market of the Jamaica Stock Exchange. The proposed listing covers up to 11.18 billion…
Category: Business & Economy
Paramount goes hostile in bid for Warner Bros, challenging US$72b offer by Netflix
Paramount on Monday launched a hostile takeover offer for Warner Bros Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and DC Studios, and the…
Cedric Stephens | Should taxpayers bear the burden of under-insured businesses?
‘SBAJ sounds SOS. Small businesses call for cash aid, loan freezes to jump-start commerce’. That statement summarises a request for help by the Small Business Association of Jamaica’s president to government, in the…
Pioneer, now PMD, expanding through regional alliances
Pioneer Manufacturing Distribution Company Limited, now rebranded as PMD, has formed an alliance with ASE Integral to distribute the Colombian company’s Biro line of cleaning products in Jamaica and, eventually, across the Caribbean….
Berger enters peak paint season with high market uncertainty
Berger Paints Jamaica Limited entered the final quarter of 2025 on a strong footing, with a near one-fifth spike in revenue in the July-September period, and a five per cent gain year-to-date, positioning…
JSE stocks down, but US equities market shines post-Melissa
Amid continuing market softness, US equities on the Jamaica Stock Exchange notched substantial gains in value, growing their market capitalisation by nearly eight per cent in the first month following Hurricane Melissa, even…
India mandates pre-installation of government cyber safety app on all smartphones
India’s telecoms ministry has directed smartphone manufacturers to pre-install a government-run cybersecurity app on all new devices, according to a government order, raising concerns of data privacy and user consent in one of…
Zinc still the roofing material of choice as storm victims restore homes
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…
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…