For at least the last 150 years, state intervention in picking individual industries and firms to support has been shown to undermine productivity and weaken economic performance. When political…
Six months after Elon Musk left the Trump administration, to the great relief of Tesla investors worried about boycotts, the world’s richest man has announced some good news: Sales of Tesla cars are…
Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing…
Express Catering Limited, ECL, operator of food and beverage outlets at Sangster International Airport, reported flat revenue but more than doubled its net profit to US$3.8 million for the financial…
Nearly a year after its plant was almost totally destroyed by fire, Pure National Limited, Jamaica’s largest manufacturer of ice, says it expects to restore operations shortly. The company is in its…
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…
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…
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…
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…