Business

Updated 20 hours ago

Jamaica seeks new storm bond as hurricane season looms 

Jamaica plans to restore its catastrophe bond coverage ahead of the Atlantic hurricane season, according to experts. They expect the country to raise around US$150 million in new parametric…
Updated 15 hours ago

Gas prices going down $0.25 on Thursday

Motorists will pay a bit less for gas come Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $0.25 to sell for $189.88 per litre and a litre of E-10 90 will go down by…
Business
May 12, 2026

Home sales flat in April as lacklustre spring homebuying season lurches forward

Sales of previously occupied US homes were essentially flat in April, another lacklustre showing for the housing market during what is traditionally its busiest time of the year.
May 12, 2026

RJRGLEANER Communications Group enters agreement for sale of Gleaner building

The RJRGLEANER Communications Group has announced it has entered an agreement with LP Azar Limited for sale of the Gleaner building at 7 North Street, Kingston.
May 10, 2026

NCB Update

The conglomerate NCB Financial Group Ltd (NCBJ) reported net profit of $5.2 billion for the quarter ended March 2026, down sharply from $17 billion in the same period a year earlier — a decline driven…
Business
May 10, 2026

Higher air fares as Spirit's low-price floor vanishes

The cheapest one-way seat from Fort Lauderdale to Kingston cost US$107 when Spirit Airlines was flying. Today, it starts at about US$157 — nearly 50 per cent more — based on current fares on online…
May 10, 2026

Massy sells Jamaica distribution arm at over J$2b loss 

Massy Holdings Limited has booked a TT$105.3 million loss — equivalent to more than J$2.3 billion — on the sale of its Jamaican distribution subsidiary to a Trinidad and Barbados-backed consumer goods…