Business

26 May, 2026 0

JPS profit halves as Hurricane Melissa recovery costs bite
Jamaica Public Service Company (JPS) posted a 50 per cent dip in its first-quarter profit as the power utility absorbed the lingering financial toll of Hurricane Melissa. The Category 5 storm, which…
Business
26 May, 2026 0

Holborn Road landmark up for auction
Plans are afoot to auction an incomplete New Kingston building at 8 Holborn Road whose construction was halted at one point by the authorities. The property — described in the auction notice as…
Business
26 May, 2026 0

Manufacturing stocks surge 16% in Q1 as JSE rally lifts sector index
The manufacturing and distribution stocks on the Jamaica Stock Exchange (JSE) doubled the performance of the overall market or their strongest quarterly performance in recent memory.  The outlook…
26 May, 2026 0

BOJ holds policy rate at 5.5 per cent
The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to maintain the policy rate on overnight placements by deposit-taking institutions at 5.5 per cent per annum.
26 May, 2026 0

Democrats feud over stock trading as they sharpen anti-corruption case against Trump
After three terms in the US House and two unsuccessful campaigns for the US Senate, Colin Allred said he's heard plenty about voters' suspicions that politicians are just trying to make a…
24 May, 2026 0

Jamaica Drafts Road Construction Standards as Pothole Crisis Deepens 
Jamaica's state standards body has put forward a comprehensive road construction specification for public comment, a move that comes as billions of dollars in government road repair programmes…
Business
24 May, 2026 0

Warehouses in Demand as Kingston Plaza sits Unsold
Demand for commercial real estate in Jamaica is shifting toward warehouse and storage space, with the sector offering returns that are outpacing traditional retail developments. Commercial…
24 May, 2026 0

Yaneek Page | That 1.8% Pothole: How the Post-Melissa Recovery is Totalling Some Businesses
In the streets, there is a common saying that Jamaica must be God's favourite channel. If that is so, then last week's episode would have to be a horror story titled The Abandoned Road to…
24 May, 2026 0

Barita posts strong quarter as investment gains surge, costs spike
Barita posts strong quarter as investment gains surge, costs spike Barita Investments Ltd reported net profit of $1.17 billion for the quarter ended March 2026, nearly double the $628 million…