Business

A man working at a solar power plant.
Published 5 hours ago

Jamaica plans region’s largest renewable energy tender

Jamaica plans to launch the largest renewable energy and battery storage tender ever as it seeks 220 megawatts of new clean power paired with 110 megawatts of battery storage. It will glide the island towards the target of generating half of the island’s electricity from renewable sources, led by solar and wind.

Read more
Tyrone Wilson, chairman, president, and CEO of Kintyre Holdings Ltd.
Published 5 hours ago

Kintyre doubles profit, majority shareholders plan US holding company

Kintyre Holdings Jamaica Limited more than doubled its net profit in 2025 while a group of its shareholders, led by Tyrone Wilson, separately disclosed plans to restructure their holdings into a…
The Financial Services Commission building in New Kingston.
Published 5 hours ago by Cedric Stephens

Twin Peaks model? NO! Regulatory reform? YES!

Is the Twin Peaks regulatory model still right, given Hurricane Melissa? This question was raised in an earlier article. Behind it was another: would the outcome for citizens whose properties and…
Pulse Investments CEO Safia Cooper.
Published 5 hours ago

Pulse profits outpace revenue on property revaluations

Pulse Investments Limited’s December 2025 second quarter reflected profits that leaned heavily on unrealised gains from property revaluations, and relatively thin cash generation. That translated to…
Jeffrey Hall, CEO and vice-chairman of Pan Jamaica Group Limited.
Published 5 hours ago

Pan Jamaica’s $410m stake in Frankly Juice part of wider growth

Pan Jamaica Group Limited paid $410 million for its just over 64 per cent stake in Frankly Juice, a Danish juice brand with a Scandinavian market. Concurrently, the group earned one-third higher…
Frank James, Group CEO, GraceKennedy Limited.
March 11, 2026

GraceKennedy buys remaining stake in Dairy Industries for $3.15b

GraceKennedy Ltd paid $3.15 billion to acquire the remaining 50 per cent of Dairy Industries Jamaica Limited from New Zealand dairy giant Fonterra Co-operative Group, according to notes in the…
A sign and delivery van branded in Mailpac colours.
March 11, 2026

Mailpac shareholders haven’t voted on deal already on books

Mailpac Group Limited has not completed its acquisition of MyCart Quick Limited, the company disclosed this month. “The transaction has not yet closed, and, accordingly, no Extraordinary General…
Andrew Williams, CEO at Regency Petroleum Limited, giving his remarks at the Regency Petroleum Limited’s grand opening of Kingston service station held on January 27, 2025 at the new servie station on Spanish Town Road.
March 11, 2026

Regency Petroleum investing $35m in pothole filler line

Regency Petroleum Limited (RPL) will invest between $35 million and $40 million to make and distribute a new asphalt filler designed for road repairs, marking its first major move beyond fuels. The…
Scotia Group Jamaica President and CEO Audrey Tugwell Henry.
March 11, 2026

Scotia Group Jamaica posts lower profit as Melissa leaves its mark on first quarter

The second largest bank, Scotia Group Jamaica Limited (SGJ), reported net income of $4.1 billion for its first quarter ended January 2026, a modest decline from the $4.2 billion posted in the same…
Yaneek Page
March 11, 2026

Yaneek Page | Balancing the books was step 1, building prosperity is step 2

Jamaica has entered a daring new chapter of its economic story. After more than a decade fixated on restoring fiscal stability, we are haunted by ghosts of the past that never left our side, namely,…