British Airways (BA) announced plans to increase flights to Kingston as part of its winter 2026 network expansion, a move that coincides with UK airlines running fewer but fuller aircraft on the route. The airline said Kingston, served from London...
The Kingston-based Mayberry Investments Limited on Thursday launched a secured bond offer seeking to raise $2.06 billion from Jamaican retail and institutional investors, with proceeds earmarked for the repayment of an existing debt due this year...
Ganja company NUGL, which trades as Kaya, reported higher revenues and also narrowed its losses for its financial year despite disruptions from Hurricane Melissa. Kaya, which trades on the Over-the-Counter Market for small firms in the United...
If you were waiting for a ‘growth budget’ this year, you can stop. It isn’t coming. The Ministry of Finance already told us what this 2026-2027 Budget is: on their website it is aptly branded the “Melissa Budget”. With $29.4 billion in new revenue...
Jamaica ranks 13th out of 19 countries in the latest edition of the Latin American Artificial Intelligence Index (ILIA), underscoring the challenges facing the island’s digital adoption. Jamaica’s position reflects limited engineering depth and...
Everything Fresh Limited’s diversification beyond hospitality has helped soften the impact of some hotel shutdowns after Hurricane Melissa. Over time, the company has expanded from mainly supplying hotels to also serving retail stores and...
Jamaica’s Government spends about US$3 billion (J$470 billion) per year to procure goods and services from the private sector, with only about one per cent going to micro, small, and medium sized companies (MSMEs). A thrust is now on to allocate a...
The Jamaica Public Service Company (JPS) has written off US$22.3 million — about J$3.5 billion — in assets damaged by Hurricane Melissa last October. The electricity utility said in its audited financials, released on Wednesday, that the charge...
A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools’ Day 50 years ago and then — no joke — pulled it off. The improbable odyssey began April 1,...
Some 30,100 fewer persons were employed as of January 2026 compared to the year before, and Jamaica’s labour force also fell by 33,000 during the same period, according to key indicators from the January 2026 Labour Force Survey (LFS) released by...
The Bank of Jamaica (BOJ) has opted to maintain its benchmark interest rate at 5.50 per cent, underscoring heightened global uncertainty and an increasingly fragile inflation outlook as the dominant considerations shaping monetary policy at this...
VM Investments Limited (VMIL) has moved to tighten its grip on the long-running restructuring of Kintyre Holdings Jamaica Limited (KHJL), after securing an interim court order that temporarily blocks changes to key shareholdings linked to the...
The actors in the island’s 2026-27 Budget Debate performed poorly. Even though they made many references to the socio-economic and other impacts of hurricanes Beryl and Melissa, the performance of the nation’s financial shock absorbers, i.e., the...
Conglomerate NCB Financial Group (NCBFG) closed its bond refinancing offers this week, targeting some US$52 million equivalent across Jamaican dollar and US dollar tranches. The amount raised has not been disclosed, though the group retained the...
More than 157 real estate developments across Jamaica are currently listed as incomplete despite passing their estimated completion date, according to the Real Estate Board’s (REB) public register. The figure highlights ongoing challenges in the...
Published:Sunday | March 29, 2026 | 12:10 AMâ AP
The US Treasury Department plans to put President Donald Trump’s signature on all new US paper currency, the agency announced Thursday. The move would be a first for a sitting president, since traditionally, US paper currency carries the signatures...
Major crimes declined in the five communities served by Project STAR during the quarter ended November 2025, compared with the previous quarter, underscoring the impact of the social and economic development initiative now in its fourth year. The...
OpenAI is shutting down its social media app Sora, which went viral last autumn as a place to share short-form videos generated by artificial intelligence (AI) but also raised alarms in Hollywood and elsewhere. OpenAI said in a brief social media...
Low interest rates have meaning to consumers, savers, investors, businesses, governments, and the wider economy, affecting them in positive and negative ways. For consumers, low interest rates open the door to opportunities to acquire consumables...
As an executive and corporate strategist, you want to keep your strategic thinking sharp. In today’s world, it sets you apart from the panicky, knee-jerk reactions plaguing others. But how do you expand your repertoire of knowledge so that you...
Airbnb has rolled out a new payout option for Jamaican hosts that allows them to receive earnings directly into their local bank accounts – a change that eliminates the currency conversion and intermediary fees that have long eaten into host income...
The Office of Utilities Regulation (OUR) is expected to make a determination by summer on whether the National Water Commission (NWC) should adopt a fixed billing cycle, following consumer complaints about bills covering more than a month’s usage...
AIC (Barbados) Limited, the investment vehicle linked to businessman Michael Lee-Chin, has discontinued its case against Cornerstone Financial Holdings Ltd, according to filings seen by the Financial Gleaner. “The claimant by its attorneys...
Corporate boards across the Caribbean must take greater responsibility for policing their own institutions, Bank of Jamaica (BOJ) Governor Richard Byles said on Tuesday, warning that some financial conglomerates have grown so large and span...
