Business

Business
April 15, 2026

NCB auctioning 110 repo vehicles worth $437m

National Commercial Bank Jamaica (NCB), the nation’s largest bank, is auctioning off 110 repossessed vehicles, ranging from an $18.4-million 2022 Porsche Cayenne to a $500,000 2016 Nissan AD wagon. The combined asking value of the vehicles on offer is $437.3 million, underscoring both the scale of auto lending and the repayment pressures facing Jamaican borrowers. The auction closes on Wednesday. The Financial Gleaner did not receive responses to queries sent to NCB by news time.

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Oliver Tomlinson, CEO of Canopy Insurance Company.
Updated 19 hours ago

Canopy posts $4.8b revenue and nears erasing start-up deficit

Canopy Insurance Limited, a joint venture between GraceKennedy Group and Musson Jamaica Limited, posted profit for a third consecutive year, with revenue and earnings both rising by double-digit…
A tractor uses marl to raise the height of the bank at the red mud lake in Manchester, belonging to West Indies Alumina Company (WINDALCO). (Norman Grindley)
Updated 9 hours ago

Jamaica Bauxite Institute warns oil crisis will translate into higher production costs and inflationary pressure

Tensions around the Strait of Hormuz are rippling through Jamaica’s bauxite and alumina sector, raising production costs and feeding inflationary pressures, the Jamaica Bauxite Institute (JBI) warned…
Dhiru Tanna
Updated 19 hours ago by Neville Graham

Dhiru Tanna, founder of Blue Power and Lumber Depot, dies

Dhiru Tanna, the economist who turned delicate soaps and hard lumber into a $4-billion business legacy, died on Monday night. He was 82. “We already have confirmation that he has died,” Jamaica…
Francis Wade
April 15, 2026

How to steer your strategy towards real blue oceans

As an executive, you want to be part of a team that directs your company toward fresh, uncharted waters. But the directions given by the book Blue Ocean Strategy aren’t working. One of the biggest…
Published 5 hours ago

Gas prices going down $0.25 on Thursday

After several weeks of increases, motorists will pay a bit less for gas come Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move down by $0.25 to sell for $176.63 per litre and…
Sean Scott, Chief Executive Officer of First Order Brands Limited, which has assumed the master franchise for Domino’s in Jamaica.
Updated 19 hours ago

First Order snags Domino’s in Jamaica

Brothers Sean and Nicholas Scott have combined forces to take over one of the largest and fastest-growing segments of Jamaica’s quick-service food industry, having acquired the assets of Convenient…
A humanoid robot manufactured by Novautek showcased at an exhibition in Hong Kong on Monday, April 13, 2026.
April 14, 2026

Humanoid robots show off language and boxing skills in Hong Kong

A humanoid robot about the size of a primary school student had something to share in Hong Kong – it sang songs and spoke to people in Mandarin and English, answering whatever questions they posed and…
Contributed Keody Thompson, realtor at Jamaica Sotheby’s International Realty.
April 12, 2026

Short-term rentals in St Ann earn most, but Kingston dominates listings

Properties listed for short-term rental in St Ann are generating the highest average revenue in Jamaica at around $5 million a year, with Kingston hosting the most active listings on the market, data…
Business
April 12, 2026

Paramount posts higher revenue and profit as hurricane impact fades

Paramount Trading (Jamaica) Ltd reported stronger revenue and profit for its third quarter ended February 28 despite disruptions caused by Hurricane Melissa. “The gross revenue for the current quarter…