Business

Photos by Rudolph Brown/PHOTOGRAPHER
18 Sep, 2026 0

Rock Solid scales staff eightfold on tank demand

Rock Solid Plastics Ltd turns out up to 150 water tanks a day from its Kingston factory and now employs 40 people, up from five when it started in 2020. The company said demand has held steady as…
The entrance of the Financial Services Commission office on Barbados Avenue, New Kingston.
18 Sep, 2026 0

Insurers, dealers face recovery-plan rules as FSC consultation closes

The Financial Services Commission (FSC) closed public consultation on Wednesday on guidelines that would require insurance companies and securities dealers to keep board-approved recovery plans…
Business
18 Sep, 2026 0

Ibex cuts 1,405 Jamaican workstations, shuts half island centres

Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year to June, stripping out 37 per cent of its Jamaican…
Bank of Jamaica headquarters located on Nethersole Place in downtown Kingston.
18 Sep, 2026 0

Rate-hike expectations climb from a fifth to a third among local business leaders

Jamaican business leaders expect inflation to ease to 6.8 per cent by December, even as a growing share anticipate that the Bank of Jamaica (BOJ) will raise interest rates. The central bank’s July…
18 Sep, 2026 0

Apple TV comes to Jamaica, and VPNs can go

Jamaican subscribers can now reach Apple TV through a storage plan that costs US$0.99 a month, less than the price of a patty, while Americans pay 15 times as much for the service on its own. The…
Federal Reserve Board Chairman Kevin Warsh speaks at a news conference at the Federal Reserve in Washington, Wednesday, July 29, 2026. (AP Photo/Mark Schiefelbein)
17 Sep, 2026 0

Fed defies Trump with first rate rise in 3 years

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White…
Tania Waldron-Gooden, CEO of Island Grill.
16 Sep, 2026 0

Island Grill targets 30 stores by 2030 in stepped-up expansion

Island Grill plans to grow its restaurant network by two-thirds to 30 outlets by 2030, a target that overtakes the goal the chain set a year ago. Chief Executive Officer Tania Waldron-Gooden told the…
16 Sep, 2026 0

Stronger Jamaican dollar contributed to BOJ loss

The Bank of Jamaica said it booked a $6.9-billion loss in the eight months to August, driven mainly by writedowns and currency movements. “The losses year to date have arisen primarily from unrealised…
The entrance of the Financial Services Commission office on Barbados Avenue, New Kingston.
16 Sep, 2026 0

FSC sets up innovation unit, sandbox for new financial products

The Financial Services Commission (FSC) has established two departments – an Innovation Unit and a Market Growth & Development Department – to give securities, insurance and private pension firms…