Families displaced by Hurricane Melissa are set to receive modular homes as the bulk of 2,500 units purchased by the National Housing Trust (NHT) under a $3.1 billion emergency contract with Chinese firm…
Category: Business & Economy
Dolphin Cove seats new board members, as buyer takes control
Dolphin Cove Limited shareholders on Monday approved four new directors nominated by Global Attractions Limited, the Saint Lucia-based entity that agreed in July to acquire a 79.99 per cent stake in the Jamaican…
FSC’s Melissa claims backlog statement is opaque
The Financial Services Commission (FSC), Jamaica’s insurance regulator, has been publishing a full‑page advertisement in both daily newspapers since last Friday. It was issued jointly with the Insurance Association of Jamaica (IAJ), the…
Jamaica’s cocoa output halves as ageing trees drag production to new lows
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….
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…