Business

Updated 6 minutes ago

Former T&T energy minister flags Jamaica's power costs as ‘uncompetitive’ and among region's highest

Jamaica's power rates are among the region's highest, but renewing the licence of Jamaica Public Service (JPS) alone will not likely lead to lower prices, according to a former Trinidad and Tobago energy minister.
"Jamaica is entering a critical phase of power sector reform," Kevin Ramnarine wrote this month in a paper published by US think tank Energy For Growth Hub. 

Read more
Business
Updated 13 hours ago

CariCRIS Gives Investment-Grade Debut to JPS subsidiary, South Jamaica Power 
South Jamaica Power Company Limited (SJPC), the operator of Jamaica's a natural gas generating facility, has received its first credit rating from Caribbean rating agency CariCRIS, securing an…
Updated 13 hours ago

AS Bryden pays US$3.6m for two Barbados firms
The Seprod-owned A.S. Bryden & Sons Holdings Ltd spent a combined US$3.6 million acquiring two Barbados-based companies in 2025, adding a food service distributor and a diversified consumer goods…
Updated 1 hour ago by Neville Graham

Hambani wrapping up
The long-delayed Hambani housing development is nearly done, First Rock Real Estate Investments has confirmed, ending a long-running saga. “The project is 90 per cent complete,” according to the…
Business
Updated 13 hours ago

VM Investments planning beyond challenges
VM Investments Ltd (VMIL) reported that challenges in Jamaica's capital markets persist, even as the securities dealer executed more than $8.6 billion in transactions. "It was not an easy…
Updated 8 hours ago

Charlene Ashley | THE BUSINESS OF BRAND JAMAICA: Where culture meets commerce - and misses The Mark
Brand Jamaica became a global phenomenon. The business model never fully caught up. Few countries of Jamaica's size have shaped global culture as profoundly or as quickly, while still struggling…
Updated 13 hours ago

Kalshi to collect employment info from customers trading in some high-risk markets
The prediction market platform Kalshi will start collecting customer employment information for trading in certain markets that are at heightened risk of insider trading, the company said. The…
Business
Updated 13 hours ago

Sell-off for AI stocks sends Wall Street reeling

Another sell-off for high-flying artificial intelligence (AI) stocks whipsawed Wall Street on Tuesday.  The S&P 500 dropped 0.9 per cent after careening between an early gain of 1 per cent and a…
Business
Updated 13 hours ago

As US Customs refines its tariff refund system, who gets in to apply is under dispute
A U.S. Customs and Border Protection agency official is set to testify in federal court Tuesday about the U.S. government's plans for refunding billions of dollars that importers paid before the…
Updated 13 hours ago

Apple expected to unveil new AI features at last developers conference with CEO Tim Cook 
Apple is expected to unveil new artificial intelligence features at its annual developers conference, beginning Monday, which will be the last one featuring CEO Tim Cook before he turns his post over…