Latest News
December 12, 2025
Palace Amusement makes big loss as sales fall
Palace Amusement Company (1921) Limited spun to a loss at year ending June as revenue fell and expenses climbed. The cinema operator bled $146.95 million for the financial year, marking a reversal…
December 12, 2025
Jamaica’s first casino now expected to open by March 2026
The first casino in Jamaica is now expected to be opened in the first quarter of 2026, pending the necessary approvals from regulators. Enzo Pezzoli, managing director of Princess Hotels and Resorts,…
December 12, 2025
by Neville Graham
IEG credits new partnership, diversified revenue streams for momentum
Innovative Energy Group Limited, IEG, has posted a modest profit for the first quarter ended August 2025, reversing its prior year’s loss as the reshaped business continues to rebuild revenue from…
December 12, 2025
CEAC to triple its burn capacity for industrial waste
CEAC Outsourcing Company Limited plans more than triple the capacity of its waste-burning furnace in St Catherine to meet rising demand for medical and industrial waste disposal. The company is in the…
December 12, 2025
Jamaica creative economy estimated at 5.1% of GDP in industry report
Jamaica’s creative economy contributes $107 billion (US$690 million) in economic value to the economy, according to a new report released by the Cultural and Creative Industries Alliance of Jamaica,…
December 12, 2025
USDA reopening some 2,100 offices despite ongoing shutdown
The United States Department of Agriculture, USDA, was reopening about 2,100 county offices all across the country Thursday despite the ongoing government shutdown to help farmers and ranchers get…
December 12, 2025
Money-losing companies with colourful histories have pivoted to crypto
A marketer of shark-repellant sunscreen. A maker of chocolate-flavoured whiskey. A seller of a drink that promises to quickly lower blood-alcohol levels. Until recently, these businesses had…
December 12, 2025
Image Plus reverses second-quarter losses
Image Plus Consultants Limited, which trades as Apex Radiology, has reversed a loss of $16.25 million to turn a profit of $9.37 million in the second quarter ending August. The medical diagnostics…
December 12, 2025
Nestlé cutting 16,000 jobs
Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other…