Jamaica’s cocoa production has fallen to roughly half its recent output, constrained by an ageing tree stock and a greying farmer base. It has prompted calls to fast-track an ongoing national replanting programme….
Category: Business & Economy
IMF welcomes Dr Brian Langrin’s appointment as Bank of Jamaica governor
An International Monetary Fund (IMF) director has welcomed the appointment of Dr R. Brian Langrin as the governor of the Bank of Jamaica (BOJ). “We look forward to working closely with Governor Langrin…
Jamaica’s net remittances jump 9.3% in June, marking strongest monthly gain this year
Net remittance inflows to Jamaica rose 9.3 per cent in June to US$292.8 million, the sharpest year-over-year monthly increase so far in 2026, according to data published by the Bank of Jamaica. The…
Barita clears sites for construction as investment group hires real estate developer
Barita Investments Limited has demolished two landmark Kingston properties and hired a global development executive to lead their redevelopment – the clearest signal yet that the investment group is serious about becoming a…
US stocks edge back from their record as oil prices rise
US stocks are edging further from their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with…
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Government awards $790m in new JamaicaEye contracts, with major buildout for Portmore
The Government has approved close to $790 million in new contracts for the expansion and maintenance of its JamaicaEye surveillance network, with the bulk of the spending directed at Portmore, St Catherine, according…
Why Your Strategy Retreat Is Already Broken Without a Post-Mortem
You are a high-ranking executive in a company that is about to create a new strategic plan. It comes on the heels of mostly poor results from the prior strategy. You sense that…
Salada reaping from efficiencies and market moves
Salada Foods Jamaica Ltd reported an improvement in third-quarter earnings, benefiting from stronger sales, wider margins, and the payoff from efficiency measures. The coffee and beverage manufacturer reported net profit of $68.3 million…
First phase of Sun Coast Beach Club scheduled for completion in 15 months
The first phase of the Sun Coast Beach Club in St Thomas is on track for completion in December 2027, following delays in design, financing, and logistics. “The original architectural design was very…