Business
April 2, 2026
JPS writes off J$3.5b in Hurricane Melissa damage as profit slides
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…
April 2, 2026
by Luke Douglas
MSMEs seek bigger share of $470 billion procurement bill
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…
April 2, 2026
BOJ holds policy rate citing uncertainty
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…
April 2, 2026
Persons outside labour force surge in Melissa-hit parishes
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…
April 2, 2026
Apple at 50
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…
April 1, 2026
Incomplete developments trigger state crackdown
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.…
April 1, 2026
NCB refinancing US$52 million in debt
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…
April 1, 2026
VM Investments secures court order to pause Kintyre reorganisation
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…
April 1, 2026
Cedric E. Stephens | Seeing Jamaica’s centenary in 2062
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…