Business

Indian pharmaceutical brand Dr Reddy’s Laboratories shipped its first batch of exports from Jamaica to Trinidad...

Minister of Finance and the Public Service Fayval Williams says that people expect a change in taxation arising from Hurricane Melissa. “We have been the government that delivered 10 years of no new taxes. We are going through significant upheavals...

Jacana, a Jamaican cannabis company, has completed its first regulated export of medical marijuana to the Cayman Islands. It shipped oil-based cannabis products, vape pens, and extracts to the British Overseas Territory on January 7 under permits...

Changes are needed to get more retail investors and small businesses in the capital markets across the anglophone Caribbean, according to Stacy-Ann Tait, a senior executive at NCB Capital Markets. “Businesses across the Caribbean need long-term,...

Major disasters can upend the best made plans, as Hurricane Melissa has shown us. Although recovery can be long and challenging, it is achievable with patience and effective strategies supported by a realistic budget. It is often challenging in...

NCB Financial Group Ltd. said it will transfer its Cayman Islands banking operations to Clarien Bank Ltd., its majority-owned Bermuda subsidiary, as the Jamaican financial conglomerate streamlines its regional structure. The internal reorganisation...

Economist Jeffrey Sachs told a Jamaican university audience that Caribbean nations should study China’s blend of government planning and free markets while maintaining “strategic independence” from an increasingly unstable United States. Speaking...

Jamaica’s two city port operators reported strong financial results despite ongoing cargo congestion at their facilities, with executives attributing delays to consumer behaviour rather than commercial shipments. Uncollected personal items in...

Salada Foods Jamaica Ltd launched 13 new products over four years, driving revenue to a five-year high even as rising costs crimped profit margins. “Portfolio diversification remains a strategic growth pillar,” stated Salada Chairman Patrick...

Kingston Creative plans to further expand its murals outside of Kingston this year via new public art projects, as part of growing the mural eco-system. “The arts festival, training and murals slated for 2026 in Montego Bay will be one such example...

Jamaica’s adoption of nuclear power could be two decades away though working prototypes may emerge within four to six years, according to the professor leading the country’s nuclear energy planning efforts. Professor Charles Grant, who chairs the...

Sygnus Credit Investments (SCI) is strengthening its push into Puerto Rico. At Wednesday’s annual general meeting, Chief Investment Officer Jason Morris called the US territory the company’s main growth engine, noting two years of strong profits...