Business
December 12, 2025
Pan Jamaica profit hits quarterly milestone
Pan Jamaica Group Limited delivered profit of $2.01 billion for shareholders in the second quarter ending June, up 91 per cent from the same period last year. CEO Jeffrey Hall called the result a…
December 12, 2025
R.A. Williams chalks up first-quarter loss
R.A. Williams Distributors Limited made a net loss of $1.9 million for the first quarter ended July, reversing a profit of $24 million for the same period last year. The company attributed the…
December 12, 2025
Pure National ice factory awaiting BSJ sign-off
Nearly a year after its plant was almost totally destroyed by fire, Pure National Limited, Jamaica’s largest manufacturer of ice, says it expects to restore operations shortly. The company is in its…
December 12, 2025
Wigton to be twice as big after multibillion solar buildout
Wigton Energy Limited, which has set sights on becoming one of the largest owners of solar power in Jamaica, says it will take two years to build out the 70 megawatts of capacity. The company will…
December 12, 2025
Jamaica creative economy estimated at 5.1% of GDP in industry report
Jamaica’s creative economy contributes $107 billion (US$690 million) in economic value to the economy, according to a new report released by the Cultural and Creative Industries Alliance of Jamaica,…
December 12, 2025
Jamaica’s first casino now expected to open by March 2026
The first casino in Jamaica is now expected to be opened in the first quarter of 2026, pending the necessary approvals from regulators. Enzo Pezzoli, managing director of Princess Hotels and Resorts,…
December 12, 2025
by Luke Douglas
Agri sector still counting the costs as recovery begins
Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is…
December 12, 2025
GK bottom line buffeted by headwinds even before Melissa hit
GraceKennedy Limited has posted mixed results for the nine months ended September. While revenues climbed, profits faltered – and Hurricane Melissa has added a new layer of complexity and may further…
December 12, 2025
Mayberry bleeds $750m in third quarter as stocks slide
Mayberry Group Limited, a provider of investment banking and wealth management services, posted a net loss of $751.4 million for the September third quarter, compared to a profit of $145 million in…