Latest News
December 12, 2025
Pure National ice factory awaiting BSJ sign-off
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…
December 12, 2025
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…
December 12, 2025
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…
December 12, 2025
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…
December 12, 2025
by Steven Jackson
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…
December 12, 2025
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…
December 12, 2025
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…
December 12, 2025
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…
December 12, 2025
by Steven Jackson
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.…