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Category: Business & Economy

Business & Economy

OUR mulls 31‑day limit on NWC bills after thousands of complaints

infojamaica
March 27, 2026

The Office of Utilities Regulation (OUR) is expected to make a determination by summer on whether the National Water Commission (NWC) should adopt a fixed billing cycle, following consumer complaints about bills covering…

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Business & Economy

AIC Barbados discontinues case

infojamaica
March 27, 2026

AIC (Barbados) Limited, the investment vehicle linked to businessman Michael Lee-Chin, has discontinued its case against Cornerstone Financial Holdings Ltd, according to filings seen by the Financial Gleaner. “The claimant by its attorneys…

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Business & Economy

Jamaica, Caribbean oil supplies secure despite Middle East turmoil, says Rubis

infojamaica
March 25, 2026

Jamaica and the broader Caribbean will continue generating strong profits for French energy distributor Rubis in 2026, company executives said, dismissing concerns that the Middle East conflict will disrupt oil supplies to the…

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Business & Economy

SOS annual sales rise despite hurricane inventory write-downs

infojamaica
March 25, 2026

Stationery and Office Supplies Limited (SOS) held its ground in 2025, recording its second-highest annual revenue despite losing its entire Montego Bay inventory to Hurricane Melissa – a resilience the company credits to…

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Business & Economy

Jamaicans are 49th happiest in world – UN report

infojamaica
March 22, 2026

Jamaicans are happier this year than last year despite hurricane damage, according to the World Happiness Report 2026. In a world where conflict drives nations to the bottom and social media is eroding…

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Business & Economy

Hurricane Melissa damage prompts rethink of solar reliance for 220mw auction

infojamaica
March 22, 2026

Jamaica wants investors to build more wind and hydroelectric power projects, citing their resilience during hurricanes as part of a national push to generate half of its electricity from renewable sources by 2030….

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Business & Economy

Clarendon Alumina Partners to lose $7.6b even as partners push efficiency drive at Jamalco

infojamaica
March 20, 2026

Clarendon Alumina Partners (CAP), which holds a stake in Jamalco alumina refinery, expects to bleed losses totalling US$46 million (J$7.6 billion) for fiscal year ending 2027, according to government public bodies documents. “CAP’s…

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Business & Economy

Kintyre snaps up OOH Media outdoor advertiser

infojamaica
March 20, 2026

Kintyre Holdings (JA) Limited announced that it signed a binding agreement to acquire 100 per cent of OOH Media Services Limited, an outdoor advertising and branding business operating in Jamaica, while separately announcing…

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Business & Economy

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during war

infojamaica
March 19, 2026

UNITED STATES companies will be allowed to do business with Venezuela’s state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for…

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Business & Economy

Jamaica’s fuel stocks surge amid oil war

infojamaica
March 18, 2026

Shares of Jamaican fuel distribution companies have outpaced the broader market since January, while renewable stocks remain flat amid United States military action in Venezuela and Iran, which sent crude oil prices to…

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