Business

Business
April 29, 2026

Remittances rise in February by highest level in four years amid fall in active locations

Net remittance inflows totalled US$247.6 million in February, representing an increase of 3.8 per cent, compared to year-earlier levels, the latest remittance bulletin from the Bank of Jamaica stated.…
File photo
April 29, 2026

Gas prices to go up $4.50

Motorists will pay even more for gas on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $4.50 to sell for $185.63 per litre and a litre of E-10 90 will go up by $4.50…
GraceKennedy headquarters, Harbour Street, Kingston. - File photo
April 28, 2026

GraceKennedy announces price increases on non-alcoholic sweetened beverages

GraceKennedy Limited says it will increase its prices on non-alcoholic sweetened beverages by an average of nine per cent, effective Friday, May 1. In an April 24 notice to its Jamaican retail…
April 27, 2026

Search for new BOJ governor begins

The search has started for a successor to Governor of the Bank of Jamaica (BOJ) Richard Byles whose appointment is set to end on August 18. In making the announcement in a media release on Monday,…
Mark Hart
April 26, 2026

Expanded cement quota too small for Melissa rebuilding, warns Buying House

Buying House Company Limited says the Government’s decision to expand its cement import quota falls short of what will be needed to maintain stable supply through the second half of the year as…
Amitabh Sharma
April 26, 2026

Jamaica must build resilience, collaborate in climate-sensitive world – IMF managing director

Washington: The conversations at the IMF’s Spring Meetings 2026, from April 13 to 17, primarily focused on the ongoing Middle East conflict, its debilitating impact on global economies, and how the…

Dennis Chung Chief Technical Director at the Financial Investigations Division.
April 26, 2026

Jamaica Customs eyes drone patrols as illicit trade robs nation of $26 billion

Jamaica Customs Agency is considering setting up a dedicated drone unit to patrol the island’s ports and coastline amid the country losing more than $26 billion annually in tax and excise revenue to…
Dr Lawrence Nicholson
April 27, 2026

Lawrence Nicholson | Family-owned businesses & entrepreneurial intentions

Entrepreneurial intention has emerged as one of the strongest predictors of actual entrepreneurial behaviour, serving as a reliable barometer to predict those who will engage in entrepreneurial…
AP
The FIFA World Cup Trophy is displayed before press conference at Rockefeller Plaza, June 16, 2022, in New York, USA.
April 24, 2026

SVL expects to score profits from World Cup

Supreme Ventures Limited (SVL) expects World Cup football betting to drive quarterly profit this summer. The group expects its second and third quarters to benefit from the football windfall, having…