Business
February 18, 2026
by Luke Douglas
Clarendon farmers eye annual $240m in revenue from new agro park
Thirty-three small farmers in Clarendon aim to generate $240 million annually on the high end from short-term crops at a new agro park, provided weather and market conditions hold. On the low end,…
February 18, 2026
United Oil completes first phase of Jamaica seabed survey in bid to unlock billion-barrel prospects
United Oil & Gas PLC has completed the first stage of a surface geochemical exploration programme on its Walton-Morant licence offshore Jamaica, clearing a critical early hurdle in a three-phase…
February 18, 2026
CariCRIS upgrades Poly Pet outlook on successful bond refinancing
Caribbean Information and Credit Rating Services (CarCris) has lifted its outlook on Poly Pet Company Limited to “stable from negative”, citing the Jamaican manufacturer’s successful refinancing of up…
February 18, 2026
Seprod annual profit nearly double to $5 billion
The food and farm brand, Seprod Limited closed 2025 with a decisive fourth quarter surge, delivering nearly half of its full year profit in the final stretch. That said, annual profit rose to $5.0…
February 18, 2026
Jamaican businesses lift inflation forecasts, expect slower currency slide
Jamaican firms nudged up their inflation expectations in December, even as they saw a slower pace of currency depreciation and mixed signals on business conditions, according to the Bank of Jamaica’s…
February 18, 2026
Your back is covered consumer, how regulators provide protection
Whether it be insurance, pensions, securities, banking, moneylending, general consumption, insolvency, or the restoration of credit, Jamaica has a slew of laws, regulations and regulators that form a…
February 15, 2026
NCB Financial’s asset tax burden erodes chairman’s debt payments
Michael Lee-Chin broke his silence on recent bond matters on Friday, telling NCB Financial Group shareholders that the asset tax has diverted US$100 million from his investment company that otherwise…
February 15, 2026
Hyatt cuts forecast by US$10 million as Jamaica resorts stay shut
Hyatt Hotels Corp lowered its 2026 earnings forecast by US$10 million following the extended closure of seven Jamaica all-inclusive resorts damaged by Hurricane Melissa. Executives, however, said the…
February 15, 2026
African development bank backs Bahamas roads with US$100-million facility
African Export-Import Bank (Afreximbank) has extended a US$100-million receivables discounting facility to Bahamas Striping Group of Companies (BSGC), marking the Pan-African lender’s deepening…