Business

Boats are seen along the banks of the Black River in St Elizabeth on November 20, 2025. Hurricane Melissa, which hit Jamaica on October 28 has disrupted river tours and other business activity.
December 9, 2025

Yaneek Page | 2026: A hard road ahead for small businesses

We can finally wave goodbye to the 2025 hurricane season but it may be 18 months or more before Jamaica can exhale, particularly now that the message is coming from two institutions responsible for…
December 9, 2025

Rohde and Peña | AI wants our water

AI is often portrayed as the harbinger of a prosperous, more efficient future. But the machines driving this revolution depend on a resource far older – and far more contested – than data or…
Finance Minister of Brazil, Fernando Haddad.
December 9, 2025

Brazilian police crack down on US$4.8b tax-evasion and money-laundering scheme

Brazilian police launched a police operation on Thursday to dismantle a major tax-evasion and money-laundering scheme in the fuel sector. The group under investigation is Brazil’s largest tax debtor,…
Investor and chairman of Portland Private Equity, Michael Lee-Chin.
December 9, 2025 by Steven Jackson

Vote on Portland bond debt set for coming week

Bondholders are set to vote in December on terms for payment or an extension of the outstanding bonds issued by companies ultimately controlled by investor and chairman of Portland Private Equity,…
Safia Cooper, managing director of Pulse Investments Limited.
December 9, 2025

Pulse adjusts approach to revenue recognition

Pulse Investments Limited has reported a sharp contraction in core revenue for the financial year ending June as it reshapes its business model. The modelling agency and hospitality company reported…
A Fesco gas station at Beechwood Avenue, Kingston.
December 9, 2025 by Neville Graham

Fesco momentum unchecked by Melissa

Petroleum marketing company Future Energy Source Company Limited grew revenue by six per cent and profit by 21 per cent to hit new highs at the close of the September quarter. Revenue rose to $8.39…
The St Andrews Anglican Church in Albert Town, Trelawny. Normally a place of refuge, churches across Jamaica were also victims of Hurricane Melissa, which passed through Jamaica on October 25, 2025, leaving estimated damage of US$8.8 billion and counting.
December 9, 2025

Cedric Stephens | The uncountable mental toll of natural disasters

As was expected, the government’s provisional estimate of the damage caused by Hurricane Melissa has increased. In one instance, the numbers climbed from a base of US$6-7 billion to US$8.8 billion. In…
Britain’s Chancellor of the Exchequer Rachel Reeves departs 11 Downing Street with her ministerial red box before heading to the House of Commons to deliver her Budget speech in London, Wednesday, November 26, 2025.
December 9, 2025

UK Labour government tries to fight back with tax-raising budget

Britain’s centre-left Labour government sought to seize the political narrative Wednesday with a tax-raising budget that it hopes will boost economic growth, reduce child poverty and ease…
PIOJ Director General, Dr Wayne Henry. - File photo.
December 9, 2025 by Steven Jackson

Brace for recession but bank on resilience, says PIOJ

The Planning Institute of Jamaica, PIOJ, says said that while the country should expect a recession, steps are being taken to strengthen the economy’s ability to withstand future weather shocks. The…