Business

Alfred Thomas, managing director of PMD Company Limited.
December 9, 2025 by Neville Graham

Pioneer, now PMD, expanding through regional alliances

Pioneer Manufacturing Distribution Company Limited, now rebranded as PMD, has formed an alliance with ASE Integral to distribute the Colombian company’s Biro line of cleaning products in Jamaica and,…
Leather good operators work at the Prada factory in Scandicci, Italy, on Friday, November 28, 2025.
December 9, 2025

Prada finalises purchase of fashion rival Versace

The Prada Group closed the purchase of Milan fashion rival Versace in a US$1.375-billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic”…
Ship containers are stacked at the Panama Canal Balboa port, operated by the Panama Ports Company, in Panama City, September 20, 2025.
December 9, 2025

OECD predicts global economy will grow 3.2% this year despite tariff wars

The world economy has proven surprisingly durable in the face of trade wars initiated by the United States, the Organisation for Economic Cooperation and Development said Tuesday, upgrading its…
Howard Davies
December 9, 2025

Howard Davies | The Basel consensus is cracking

Ask a room of central bankers how many want a less stable financial system, and you will see few, if any, hands go up. Ask how many support intrusive, costly supervision, endless box-ticking, and…
Bitcoin tokens.
December 9, 2025

Bitcoin price tumbles in crypto rout

Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin slid 6.5…
An aerial view of Falmouth, Jamaica in the aftermath of Hurricane Melissa in October 2025.
December 9, 2025

Dom Rep positions for tourists rerouted from Jamaica by Hurricane Melissa

The Dominican Republic has authorised the arrival of 800 new flights to accommodate a surge in tourists who were originally planning to vacation in Jamaica and other nearby islands, but were rerouted…
Zinc sheeting is seen in the street after being blown from its moorings by Hurricane Melissa, October 28, 2025.
December 9, 2025 by Luke Douglas

Zinc still the roofing material of choice as storm victims restore homes

There has been an increase in sales of zinc sheeting since the passage of Hurricane Melissa, as persons push to restore their homes, many of which lost roofs made from the same material during the…
In this July 18, 2025 JIS photo, Consumer Affairs Commission CEO Dolsie Allen addresses the CAC Upcycle Competition awards ceremony held at the offices of the Bureau of Standards Jamaica in Kingston.
December 9, 2025

Oran Hall | Let the Consumer Affairs Commission fight for you

The Consumer Affairs Commission, CAC, recovered $17.21 million as compensation for aggrieved customers from 971 complaints for the period April to November, 2024, according to the Jamaica Information…
Boats are seen along the banks of the Black River in St Elizabeth on November 20, 2025. Hurricane Melissa, which hit Jamaica on October 28 has disrupted river tours and other business activity.
December 9, 2025

Yaneek Page | 2026: A hard road ahead for small businesses

We can finally wave goodbye to the 2025 hurricane season but it may be 18 months or more before Jamaica can exhale, particularly now that the message is coming from two institutions responsible for…