Business
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...
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Fitch Ratings maintained its negative watch on BBB- rated bonds issued by two National Commercial Bank entities, citing continued uncertainty over Hurricane Melissa’s impact on the country’s largest bank. “Fitch maintains rating watch negative on...
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...
Tank-Weld Group, the local construction supplier, has launched a solar division to supply panels, inverters and batteries across the Caribbean as demand surges following Hurricane Melissa’s destruction of grid infrastructure in western Jamaica. The...
Woodcats International Ltd., a wooden pallet manufacturer, plans to raise up to $750 million through an initial public offering (IPO) that would value the company at $2.15 billion. “Since our inception, Woodcats has grown into a national...
West Indies Petroleum Terminal Ltd (WIPT) which operates a petroleum storage terminal, doubled annual profit and swung its fourth quarter to a profit, driven by rising third-party storage revenue and higher throughput volumes at its Jamaica...
There is a reason the conversation about importing labour policy is intensifying: Jamaica is trying to recover, rebuild and grow at a time when execution is expensive and delays are severely punishing. Even before Hurricane Melissa the economy was...
Jamaica can capture investment flows from the US as companies restructure their network of suppliers in response to geopolitical tensions, a Wall Street strategist said. John Stoltzfus, chief investment strategist at Oppenheimer Asset Management,...
A research vessel departed Trinidad last weekend bound for Jamaica to conduct seabed surveys, starting this week, aimed at confirming whether oil-like substances detected beneath the island’s waters are commercially viable crude. “This survey...
AIC (Barbados) Ltd has paid US$94 million to bondholders, according to the Jamaica Central Securities Depository (JCSD) Trustee Services. Payment was made “in full” responded Andrea Kelly, JCSD general manager, in reply to Financial Gleaner queries...



