Business

Business
December 9, 2025

GOJ in the process of selecting consultant for review of JPS licence

The Government of Jamaica will begin formal discussions in January to either renew or revoke the licence of sole power utility Jamaica Public Service Company Limited, JPS, following the close of a…
Business
December 9, 2025

Cuban embargo condemned by UN for 33rd year

The United Nations General Assembly voted overwhelmingly Wednesday to condemn the American economic embargo of Cuba for a 33rd year. Yet the vote, as Hurricane Melissa tore through the island nation,…
Business
December 9, 2025

CAC bleeds amid operational challenges

CAC 2000 Limited has reported a net loss for the third quarter ended July 2025, citing persistent logistical challenges, increased operating expenses, and delayed project invoicing. The…
A gardener waters the grass near the logo for the Belt and Road Forum in Beijing, Monday, October 16, 2023. China’s Belt and Road Initiative looks to become smaller and greener after a decade of big projects that boosted trade but left big debts and rais
December 9, 2025 by Yuen Yuen Ang

Yuen Yuen Ang | The global polytunity

Conflicts, trade wars, inequality, and democratic decay fill today’s headlines. Each crisis appears to be feeding the next, and it can feel as though the world is coming apart. Western leaders and…
December 9, 2025

China willing to resolve issues related to TikTok

The meeting between the presidents of the United States and China on Thursday produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership. “China will work…
The section of the concourse housing gates 1 to 5 at Sangster International Airport in Montego Bay, which sustained significant damage during the passage of Hurricane Melissa on Tuesday, October 28, 2025.
December 9, 2025

Air fares spike due to Hurricane Melissa

Airfare from Jamaica to some top destinations in the United States has spiked temporarily, as travellers scramble to rebook cancelled trips in the aftermath of Hurricane Melissa, according to data…
Residents walk through Santa Cruz, Jamaica, after Hurricane Melissa passed.
December 9, 2025

Yaneek Page | Resilience or ruin: the financial reckoning facing Jamaican entrepreneurs

After the clouds clear, the wind dies down, and the floodwaters retreat, the real reckoning begins. This is not abstract or distant forecast. It is our neighbours hauling fallen trees and zinc from…
NCB says assessments are still under way across its network, and additional branches will reopen once conditions are deemed safe.
December 9, 2025

Some NCB branches to reopen Thursday

The National Commercial Bank Jamaica Limited (NCB) says it will resume operations at eight branches on Thursday. It says this is part of its phased recovery efforts following the impact of Hurricane…
A man takes photographs of the rising waves at Caribbean Terrace in Kingston, as Hurricane Melissa approaches Jamaica.
December 9, 2025

Stock market closed for second day due to Melissa

The stock market remains closed for a second day as the effects of Hurricane Melissa continue to be felt across Jamaica. The Jamaica Stock Exchange said in an advisory that no trading would take place…