Business
December 9, 2025
by María Fernanda Espinosa
Ulrich Volz
and Alex Dryden
María Fernanda Espinosa | Overcoming Latin America’s mounting debt crises
Earlier this year, the International Monetary Fund declared that “debt levels have stabilised and are projected to remain stable or slightly decline” in emerging markets and developing economies. But…
December 9, 2025
Three researchers nab Nobel economics prize for explaining ‘creative destruction’
Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human…
December 9, 2025
Visual Vibe gets boost from Portland JSX as it readies for IPO
Private equity company Portland JSX Limited has boosted the prospects of Visual Vibe with US$500,000 of financing, but has not taken a stake in the advertising company. The sum translates to around…
December 9, 2025
by Steven Jackson
Updated: JMMB Group to roll more real estate projects
JMMB Group Limited, JMMBGL, will be executing two more commercial real estate projects in Kingston, including a new a 10-storey mixed-use building at Haughton Avenue, plus other developments in urban…
December 9, 2025
Cemex removes JLP 'fee' payment from US filing
Cemex, the ultimate parent company of Caribbean Cement Company, has amended an earlier filing with the US Securities and Exchange Commission which had disclosed a payment described as “fees” of over…
December 9, 2025
United Oil secures access to ship
United Oil & Gas Plc on Thursday signed a deal that will give it access to ship for collecting oil samples offshore Jamaica, following moves by the oil explorer to raise another £2.33 million in…
December 9, 2025
VMIL moving to recover margin loan following judgment against Kintyre Holdings and E-Media Interactive
VM Investments Limited (VMIL) is moving to enforce a Supreme Court judgment handed down in its favour against E-Media Interactive Group Limited and Kintyre Holdings Limited, as it seeks to recover…
December 9, 2025
IMF chief warns of economic uncertainty, tells the world to ‘buckle up’
The global economy is holding up better than expected despite major shocks, but the head of the International Monetary Fund says that resilience may not last. “Buckle up,” Managing Director Kristalina…
December 9, 2025
by Steven Jackson
Fishers uneasy over Sandals overwater villas at Mammee Bay
Sandals Resorts International’s US$230-million redevelopment of its Dunn’s River hotel property, particularly the addition of 18 overwater villas, has received mixed reactions from the community,…