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Woodcats posts lower quarterly profit after hurricane-hit demand dips

Woodcats International Ltd posted a 13.7 per cent decline in profit before tax for the three months ended March, marking the wood products manufacturer's...

Jamaican business fuel anxiety surges on global oil spike

Concern among Jamaican businesses about fuel and transport costs nearly doubled in a single survey period, as rising oil prices push inflation expectations above...

JUTC moves to set up mini depots on north coast

The state-led Jamaica Urban Transit Company Limited (JUTC) plans to set up seven mini depots across the island as part of steps to add...

IFC plans US$10m stake in Sygnus-managed CARICOM Fund

The International Finance Corporation (IFC) plans to invest US$10 million in a Caribbean Community (CARICOM) fund managed by Sygnus Capital Limited, subject to board...

THE WHITE-COLLAR RECESSION IS HERE-AI-accelerated, corporate strategy-entrenched

A few months ago, I realised something unsettling. I was sitting at my desk having a full strategy conversation with my virtual AI assistant,...

CIBC Caribbean arranged record-setting transactions across region in 2025

CIBC Caribbean arranged more than US$3.5 billion in financing transactions across the Caribbean in 2025, underscoring the Canadian-owned bank's growing dominance in the region's...

Pension regulator says micro-pension plan unworkable for informal sector

The Financial Services Commission (FSC) has ruled out a state-administered micro-pension scheme for the more than one million workers currently without retirement coverage.A micro-pension...

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