More than 157 real estate developments across Jamaica are currently listed as incomplete despite passing their estimated completion date, according to the Real Estate Board’s (REB) public register. The figure highlights ongoing challenges…
Category: Business & Economy
NCB refinancing US$52 million in debt
Conglomerate NCB Financial Group (NCBFG) closed its bond refinancing offers this week, targeting some US$52 million equivalent across Jamaican dollar and US dollar tranches. The amount raised has not been disclosed, though the…
Major crimes fall in STAR communities, but training numbers dip
Major crimes declined in the five communities served by Project STAR during the quarter ended November 2025, compared with the previous quarter, underscoring the impact of the social and economic development initiative now…
Jamaicans can now get Airbnb payments via bank accounts
Airbnb has rolled out a new payout option for Jamaican hosts that allows them to receive earnings directly into their local bank accounts – a change that eliminates the currency conversion and intermediary…
OUR mulls 31‑day limit on NWC bills after thousands of complaints
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…
AIC Barbados discontinues case
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…
Jamaica, Caribbean oil supplies secure despite Middle East turmoil, says Rubis
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…
SOS annual sales rise despite hurricane inventory write-downs
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…
Jamaicans are 49th happiest in world – UN report
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…
Hurricane Melissa damage prompts rethink of solar reliance for 220mw auction
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….