Business

A Yaadman cylinder.
March 4, 2026 by Neville Graham/staff writer

Regency Petroleum buys Yaadman LPG business, doubling market share

Petroleum company Regency Petroleum has agreed to acquire the liquefied petroleum gas (LPG) operations of Yaadman Petroleum, a deal that will double Regency’s presence in Jamaica’s cooking gas market. The acquisition will “no less than double the market share” of Regency’s existing operation, according to Andrew Williams, CEO of Regency Petroleum, in a Financial Gleaner interview.

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Richard Pandohie, CEO and managing director of Seprod, at the coompany’s 84th annual general meeting at Terra Nova All-Suite Hotel on Waterloo Road, St Andrew. on Wednesday, September 27, 2023.
Updated 15 hours ago

Seprod sells Butterkist biscuit maker IBL

Seprod Limited has sold International Biscuits Limited (IBL), the maker of Butterkist and Snackables, in a move CEO Richard Pandohie described as a deliberate step to simplify the group’s footprint,…
Caribbean Cement Company Ltd.
March 4, 2026

Caribbean Cement posts flat profit on record revenue

Cement Company Limited (CCC) made $5.9-billion profit for the year ended December 2025, or flat compared to year-earlier levels, despite the passage of Hurricane Melissa. Also, the island’s sole…
March 4, 2026

Ja remittances rebound to record US$3.49b in 2025

Remittances to Jamaica rose 3.8 per cent in 2025, as a sharp post-hurricane rebound in the final two months of the year more than offset the slump that followed Hurricane Melissa’s October landfall.…
Published 20 hours ago

Advertorial | A Guide to Understanding and Filing Income Tax Returns in Jamaica

The following content is created and paid for by Tax Administration Jamaica. Filing your Income Tax Return is an important part of meeting your tax obligation. Whether you are a salaried employee,…
RBC logo
March 4, 2026

RBC Trust to become largest shareholder in MPC Caribbean Clean Energy in debt-to-equity swap

Financial institution, RBC Trust (Trinidad & Tobago) Limited is set to emerge as one of the largest shareholders of MPC Caribbean Clean Energy Limited (MPC) after the Barbados-based renewable…
Business
March 4, 2026

China’s youth find apartments cheaper than cars in ghost towns

The ‘Life in Venice’ housing development, a multibillion-dollar replica of the Italian city on the Chinese coast, stands silent. Many of the tens of thousands of homes are hollow husks of concrete and…
Fishermen working in front of oil tankers south of the Strait of Hormuz on January 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates.
March 4, 2026

Tanker turmoil in Hormuz sends oil prices soaring

Oil prices jumped on Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply. The Strait of…
Berkshire Hathaway Chairman and former CEO Warren Buffett.
March 4, 2026

Greg Abel praises Buffett, promises Berkshire Hathaway won’t retreat from investing

Greg Abel paid tribute to his predecessor Warren Buffett, while promising in his first shareholder letter that Berkshire Hathaway will not retreat from investing or make significant changes in the way…
Keith Levy and Leesa Kow.
March 2, 2026

Leesa Kow exiting JN Bank, Keith Levy to act as interim MD

JN Bank Managing Director Leesa Kow will demit office effective March 31. Keith Levy, who has served as a director of JN Financial Group Limited since 2022 and as chairman of JN Bank since December…