Business

Fishing boats bobbing on the sea on the Jamaican coastline.
December 9, 2025 by Steven Jackson

Fishers uneasy over Sandals overwater villas at Mammee Bay

Sandals Resorts International’s US$230-million redevelopment of its Dunn’s River hotel property, particularly the addition of 18 overwater villas, has received mixed reactions from the community,…
A man fishes in Cocorite, Trinidad and Tobago.
December 9, 2025

Fishers in Trinidad fear for lives, jobs after US strikes in the Caribbean

On a recent afternoon, Kenrick Modie finished untangling his fishing net in a quiet Caribbean village. As he slipped into a hammock at his home overlooking the sea, he worried that his life and…
Yoni Epstein, Chairman of Montego Bay United.
December 9, 2025

Yoni Epstein | How BPO leaders can outwit AI disruption and political uncertainty

There is a growing fear that the outsourcing industry is under threat, not only from the possibility of replacing live agents with AI, but also from policy changes in America, like the proposed bill…
Advanced Micro Devices Inc headquarters in Sunnyvale, California.
December 9, 2025

OpenAI and chipmaker AMD sign chip supply partnership for AI infrastructure

Semiconductor maker AMD will supply its chips to artificial intelligence company OpenAI as part of an agreement to team up on building AI infrastructure, the companies said Monday. OpenAI will also…
Barrels of spirits are seen at the Baltimore Spirits Company distillery on February 8, 2023 in Baltimore.
December 9, 2025

Cold shoulder from Canada proving costly for American distillers

American distillers have gotten a costly cold shoulder from Canada, where their exports plunged 85 per cent earlier this year — topping broad declines in key international markets amid global trade…
John De Silva, managing director of Lasco Distributors Limited.
December 9, 2025

Lasco Distributors focusing on exports, healthcare business for growth

Lasco Distributors Limited will be focusing on its exports, as well as development of its healthcare line, to grow the company over the long term, according to Managing Director John De Silva. …
Business
December 9, 2025

Lasco Financial lands government contract for SME financing

Lasco Financial Services Limited, LFSL, says it has clinched a government contract to provide financing routes for small and medium-sized enterprises under a public-private partnership arrangement.…
Money tightrope illustration
December 9, 2025

Managing rising costs and profitability

QUESTION: I own a services business in Jamaica in a competitive space. I am centrally located. However, my landlord just notified me that the rent will increase, come January. Things are going up in…
The Financial Services Commission building on Barbados Ave, New Kingston.
December 9, 2025 by Steven Jackson

Investment sector profits rise sixfold in June quarter

Higher income and trading gains led the securities sector to post a sixfold rise in profit during the June 2025 quarter, according to regulator Financial Services Commission. Licensed securities…