Latest News
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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CPJ shuffles leadership
Caribbean Producers Jamaica Limited, CPJ, will have a new interim boss at month-end, and has eliminatea a management position, as the new owner eyes further expansion. Juan Baez will step in as…
12 Dec, 2025
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ECB leaves interest rates unchanged
The European Central Bank, ECB, left interest rates unchanged on Thursday with inflation back under control and the economy weathering Trump’s tariff onslaught better than expected. The bank’s…
12 Dec, 2025
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Inflation keeps falling but businesses continue to bet on rising prices
Jamaican businesses are bracing for a potential uptick in prices, despite falling annual inflation, which was estimated at 1.2 per cent in August, one of the lowest levels in recent years.…
12 Dec, 2025
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First Rock gets Mayberry’s help on Hambani
First Rock Real Estate Investment Limited and its subsidiary FCH Jamaica Developers Limited has settled their debt with Sagicor Bank Jamaica Limited, utilising the proceeds of a corporate note…