Business
The former Foote Prints on the Sands hotel is reopening with a new name and new design, and is going after a different clientèle. “It’s going to be more upscale; it’s going to be more boutique, more luxurious,” said Executive Chairman Dr Andre...
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Puerto Caribe Properties Limited plans to build one of the tallest structures in Jamaica at Secret Estate, Rose Hall, which will operate under the Moon Palace brand, document filings and sources have revealed. The hotel will have about 30 floors,...
The shortage of warehouse spaces in Kingston and in other parts of the country are currently being addressed, although the demand for such spaces remains high, say people involved in the construction and real estate sectors. David Dixon, realtor...
Barita Investments Limited reported a $627.5-million profit for the quarter, down 55 per cent from a year earlier, reflecting normalised activities following last year’s real estate revaluation in its investment holdings. “The decline is largely...
After reporting an outturn of nearly $4 billion for the first quarter ended March 2025, financial conglomerate,Sagicor Group Jamaica Limited is aiming to replicate the performance across all the remaining quarters of this year, but with a note of...
A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial...
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world, the threat of violence by...
Elon Musk is criticising the centrepiece of United States President Donald Trump’s legislative agenda, a significant fracture in a partnership that was forged during last year’s presidential campaign. The billionaire entrepreneur, who supported...
The Jamaica Business Development Corporation, JBDC, has carried out tests on almost 30 different plant materials over the past two years, with a view to producing essential oils locally for a worldwide market estimated at over US$20 billion....
Seprod Limited reported significant revenue growth in the first quarter ended March 2025, but expenses and finance costs put a damper on profits at the distribution and manufacturing conglomerate. Net profit and earnings per share declined in the...
Fort Lauderdale in Florida now accounts for the busiest destination for air passengers leaving Kingston. January was the highest-ever arrivals recorded, said Sitara English-Byfield, CEO of PAC Kingston Airport Limited, also referred to as PACKAL,...
Drones have harassed airports and bedevilled local police. They have trespassed over nuclear plants and prisons. On the battlefield, they can kill. But aside from shooting down the devices, which may create further danger, there’s often not much...
The United States Justice Department has reached a deal with Boeing that will allow the airplane giant to avoid criminal prosecution for allegedly misleading US regulators about the 737 Max jetliner before two of the planes crashed and killed 346...
According to the International Monetary Fund’s Articles of Agreement, the IMF’s main purpose is to facilitate the balanced growth of international trade and thereby promote high levels of employment and real (inflation-adjusted) income. Yet, with...
Money-losing Japanese automaker Nissan is banking on its latest ‘e-Power’ technology for a turnaround. A kind of hybrid, e-Power comes equipped with both an electric motor and gasoline engine, much like the Toyota Motor Corp’s Prius. It’s...
There have been calls for the motor vehicle repair sector in Jamaica to be overhauled in light of the influx of Chinese vehicles to the island as well as the interest generated by a new Chinese repair outlet in Ferry, St Catherine, which was...
