Business

Business
Updated 6 hours ago by Luke Douglas

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…
Updated 5 hours ago

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…
Updated 5 hours ago

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…
Business
Updated 5 hours ago

Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

Remember Donald Trump's response in the 2016 presidential debate,when Hillary Clinton blasted him for paying virtually no federal taxes? "That makes me smart," Trump said. By that…
May 22, 2026

PIOJ warns AI adoption will cut working and middle-class jobs

The Planning Institute of Jamaica (PIOJ) said Wednesday that artificial intelligence (AI) will displace clerical and professional workers, but that research continues on the scale of displacement…
May 22, 2026 by Carolyn Guniss

Kaya moves into cannabis delivery market

Cannabis company NUGL Inc, which operates locally under the Kaya brand, is moving to expand into delivery services in Jamaica after a regulatory change now allows authorised cannabis retailers to…
May 22, 2026

JMMB Bank auctioning 73 cars

JMMB Bank wants to sell 73 repossessed cars valued at $250 million, the second publicised auction in a month from the banking sector. The inventory ranges from a $370,000 Mitsubishi to a $15 million…
Business
May 22, 2026 by Luke Douglas

Pan Jamaica Group profits down 56% despite revenue growth

Pan Jamaica Group (PJG) posted higher revenues, but consolidated net profits fell to $924 million, down 56 per cent from a year earlier. The conglomerate said it will accelerate portfolio…
May 22, 2026

Cedric Stephens | The moment of truth after disaster

In my previous column, 'The link between claims delay and disaster recovery’, I examined how slow claims settlement can stall economic and social recovery after catastrophic events. Delays do not…