Latest News
December 12, 2025
Musk reports Tesla sales jump after months of boycotts
Six months after Elon Musk left the Trump administration, to the great relief of Tesla investors worried about boycotts, the world’s richest man has announced some good news: Sales of Tesla cars are…
December 12, 2025
by Neville Graham
Indies Pharma raises new bond, board to determine roll-out of HQ project
Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing…
December 12, 2025
Express Catering posts highest profit since pandemic
Express Catering Limited, ECL, operator of food and beverage outlets at Sangster International Airport, reported flat revenue but more than doubled its net profit to US$3.8 million for the financial…
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
Petrojam buying new crane to replace obsolete equipment
Petrojam Limited, operator of Jamaica’s state-owned oil refinery, is acquiring a new mobile crane. “The procurement opportunity is an urgent one,” said Elon Parkinson, communications manager at…
December 12, 2025
Elite grows profit amid debt financing
Elite Diagnostics Limited, a provider of medical scanning services, posted net profit of $32 million, or nine cents per share, for the year ending June, a 22 per cent increase driven by steady growth…
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
by Steven Jackson
JN Bank overcomes ‘close call’ to grow capital and profit
JN Bank Limited met tougher regulatory capital requirements in its 2025 financial year ending March, while also posting higher pre-tax profit and fewer impairment losses, its newly released financial…
December 12, 2025
Nvidia to invest US$5b in Intel
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing US$5 billion in Intel and will collaborate with the struggling semiconductor company. The two companies will team up to…