Business

December 12, 2025

Jamaica’s first casino now expected to open by March 2026

The first casino in Jamaica is now expected to be opened in the first quarter of 2026, pending the necessary approvals from regulators. Enzo Pezzoli, managing director of Princess Hotels and Resorts,…

Minister of Agriculture Floyd Green surveys damage during a tour of St Elizabeth in the aftermath of Hurricane Melissa, which hit Jamaica on October 28, 2025, causing widespread devastation to the agricultural sector.
December 12, 2025 by Luke Douglas

Agri sector still counting the costs as recovery begins

Agro-Investment Corporation, an agri-business promotion and facilitation agency, has estimated losses to its network at around $690 million in the wake of Hurricane Melissa, but that number is…
Frank James, group CEO of GraceKennedy Limited.
December 12, 2025

GK bottom line buffeted by headwinds even before Melissa hit

GraceKennedy Limited has posted mixed results for the nine months ended September. While revenues climbed, profits faltered – and Hurricane Melissa has added a new layer of complexity and may further…
Gary Peart, CEO of Mayberry Group Limited.
December 12, 2025

Mayberry bleeds $750m in third quarter as stocks slide

Mayberry Group Limited, a provider of investment banking and wealth management services, posted a net loss of $751.4 million for the September third quarter, compared to a profit of $145 million in…
Anne Chang, CEO of Fontana Limited.
December 12, 2025

Fontana expects to shrug off Melissa effects by new year

The outlook for Fontana Pharmacy remains positive as its stores in western Jamaica return to normality. “Our Montego Bay store closed for two weeks and is currently operating at reduced hours. We…
CEO of JFP Limited Metry Seaga.
December 12, 2025

JFP seeking to leverage business from tariff uncertainty

Office furniture supplier JFP Limited is ramping up its salesforce to make a more aggressive play for business in Jamaica, the Caribbean and beyond. It comes amid lagging sales and disappointing…
Business
December 12, 2025

New Fortress posts US$472m gain from Ja exit

Natural gas supplier New Fortress Energy, NFE, earned 60 cents on every dollar invested in Jamaica in the buildout, operation, and eventual divestment of the majority of the country’s LNG…
Caribbean Cement Company Ltd.
December 12, 2025 by Steven Jackson

Caribbean Cement ready to supply rebuilding material after Melissa

Caribbean Cement Company Limited said it holds sufficient cement inventory and production capacity to support Jamaica’s rebuilding efforts following Hurricane Melissa, as it disclosed third-quarter…
Business
December 12, 2025

IFC to pump US$15m into regional fund

The International Finance Corporation, the private sector financing arm of the World Bank, plans to invest up to US$15 million in a new sub-fund of the Caribbean Community Resilience Fund, a regional…