Business
11 Jan, 2026
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Jamaica’s luxury one-bedroom market breaks $50m threshold
The prospective buyer, graceful with strands of grey, followed the skirted realtor up a minimalist tower, paused at the patio to take in the view. Then sped away in his Porsche. “That’s what he drives…
11 Jan, 2026
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The Power of Financial Literacy
Even people who are otherwise very literate can be financially illiterate; it shows in how poorly they manage their financial affairs. Financial literacy, though, gives power to realise personal goals…
11 Jan, 2026
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Opening dates of two new PriceSmart clubs in Jamaica pushed back by Melissa
PriceSmart Inc said Thursday that the opening of two new warehouse clubs in Jamaica has been pushed back following disruptions tied to Hurricane Melissa last October. The membership-based retailer…
11 Jan, 2026
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Three make or break business decisions for 2026
In a few weeks, we will receive one of the most-telling economic signals since Hurricane Melissa, the release of the fourth-quarter 2025 JCC Business and Consumer Confidence Surveys conducted by…
09 Jan, 2026
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Half a million fewer passengers in 2025
Jamaica ended 2025 with 524,000 fewer passengers, marking the largest annual decline since the pandemic, as Hurricane Melissa battered the island’s tourism sector. “Montego Bay and Kingston recorded…
09 Jan, 2026
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WIPT stock climbs 11-fold in two weeks
West Indies Petroleum Terminal Ltd. (WIPT) stock climbed above $5.60 in Thursday trading, or 11 times its listing price some two weeks earlier, reflecting a rally driven more by scarcity than…
09 Jan, 2026
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Cash holdings in investment schemes up 40% to $18.5 billion
Jamaica’s securities dealers are sitting on relatively high levels of cash within a market affected by uncertainty. Cash holdings in local collective investment schemes (CIS) surged 40.2 percent to…
09 Jan, 2026
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Job openings slide to 2nd-lowest level in five years
US employers posted far fewer jobs in November than the previous month, a sign that employers are not yet ramping up hiring even as growth has picked up. Businesses and government agencies posted 7.1…
09 Jan, 2026
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California loses $160m for delaying revocation of 17,000 commercial driver’s licences for immigrants
California will lose US$160 million for delaying the revocations of 17,000 commercial driver’s licences for immigrants, federal transportation officials announced on Wednesday. Transportation…