Business

Clayton Williams, president of the Jamaica Cocoa Farmers’ Association.
19 Aug, 2026 0

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…
Joel Tate
19 Aug, 2026 0

Pinnacle hires hospitality veteran to steer US$450m Montego Bay towers to completion

LCH Developments has appointed Joel Tate, a veteran hospitality construction executive, as director of project management for The Pinnacle, the US$450-million four-tower residential development…
Nigel Chalk, Director of the Western Hemisphere Department at the International Monetary Fund.
19 Aug, 2026 0

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…
Bernhard Stocker
19 Aug, 2026 0

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…
Cedric Stephens
19 Aug, 2026 0

Cedric E. Stephens | 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…
JMMB Group CEO, Keith Duncan.
19 Aug, 2026 0

JMMB’s Sagicor stake earns more than its own business – and worth more than the entire company

JMMB Group Limited’s investment in Sagicor Financial Company (SFC) earned the group more money in the June first quarter than its own banking and securities operations, even though earnings fluctuate…
Specialist Dilip Patel working on the floor of the New York Stock Exchange on Thursday, July 30 in New York.  AP
18 Aug, 2026 0

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 high…
Dr Wayne Henry, director general of the Planning Institute of Jamaica.
18 Aug, 2026 0

PIOJ cuts recovery timeline as economy contracts 2.9 per cent in June quarter

Jamaica's economy contracted 2.9 per cent in the April to June quarter, but the Planning Institute of Jamaica has shortened its projected recovery timeline to two years from three. "Given…
17 Aug, 2026 0

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