Business
January 4, 2026
Jamaica’s hurricane rebound officially faster than estimates in September quarter
The economy officially grew faster than initial estimates in the September quarter of 2025, before the onset of Hurricane Melissa. It expanded by 5.1 per cent, according to data from the Statistical…
January 4, 2026
The LAB’s profit falls by half, but gains expected in 2026
Limners and Bards Limited (The LAB) reported that its annual profit to October fell by half to $40 million, but management indicated that this reflected continued investment in digital and owned…
January 4, 2026
Oran Hall | Looking back at 2025 to plan for 2026
Reviewing your 2025 finances is an effective way to set the foundation for establishing your financial plan for 2026, for it will help you to see your successes and failures while showing the pitfalls…
January 4, 2026
Bitmine, listed firm holds US$13.2 billion in crypto and cash
US-based Bitmine Immersion Technologies, a crypto company listed on the New York Stock Exchange which also ventured into Caribbean operations, has reported year-end holdings of US$13.2 billion,…
January 4, 2026
Tesla falls to BYD as top electric car-maker
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring US tax breaks for buyers and stiff overseas…
January 2, 2026
Hyatt’s US$2-billion Playa sale leaves Jamaica resorts shuttered until late 2026
The Chicago-based Hyatt Hotels Corporation this week closed its US$2-billion sale of the Playa Hotels & Resorts real estate portfolio to Tortuga Resorts, but confirmed that in Jamaica, seven Hyatt…
January 2, 2026
Lee-Chin’s AIC to make payment this month
AIC (Barbados) Limited has formally confirmed its obligation to make principal and interest payments in January totalling US$94.09 million to bondholders, following weeks of tension and a public…
January 2, 2026
Jamaica’s remittances falter steeply as Hurricane Melissa disrupts flows
Jamaica’s remittance inflows, a lifeline for households across the island, fell sharply in October, registering an 8.3 per cent decline compared with the same month last year. It reflects one of the…
January 2, 2026
Proven to book US$61.7 million from real estate developments
Financial services firm Proven Group Limited (PGL) expects to earn US$61.7 million in revenue from the sale of its real estate units in St Ann, which would build on its half-year performance.