Business
10 Apr, 2026
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Oil found in seabed samples off Jamaica’s southern coast, survey shows
United Oil & Gas Plc has confirmed the presence of oil indicators on the seabed floor offshore Jamaica following a recent survey.
10 Apr, 2026
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Lee-Chin wins US court confirmation of DR arbitration award
A US federal court has confirmed a US$43.7-million arbitration award in favour of Jamaican-Canadian investor Michael Lee-Chin, rejecting the Dominican Republic’s bid to overturn the ruling. US…
10 Apr, 2026
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Melissa-related disruptions cut Montego Bay arrivals; Kingston posts modest gain
Passenger arrivals at Jamaica’s two international airports declined in March, reflecting shocks from Hurricane Melissa at Sangster International Airport in Montego Bay, according to new disclosures by…
09 Apr, 2026
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Iran’s proposal to collect tolls in the Strait of Hormuz violates trade norms
To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies. Yet…
08 Apr, 2026
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GAP refinances US$95.5m loan backing Jamaica, Mexico airport operations
The Pacific Airport Group (GAP), the Mexican airport operator that manages two of Jamaica’s international airports, has refinanced a “US$95.5 million bank loan” that matured on March 19, rolling the…
08 Apr, 2026
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British Airways to boost Ja flights as UK airlines fill seats
British Airways (BA) announced plans to increase flights to Kingston as part of its winter 2026 network expansion, a move that coincides with UK airlines running fewer but fuller aircraft on the…
08 Apr, 2026
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Tourism sector drives delinquent loans to record high
Past-due loans in Jamaica’s banking system surged to $84.6 billion in January 2026 – the highest level on record – driven by a deterioration in tourism sector borrowing that suggests Hurricane…
08 Apr, 2026
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Medical Disposables & Supplies Ltd adds industry veteran to board as losses persist
Medical Disposables & Supplies Ltd has appointed veteran pharmaceutical executive Duke Holness to its board as the company works to arrest two consecutive years of net losses. Chief Executive…
08 Apr, 2026
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Oran A. Hall | How a faraway war can affect your pocket
The direct distance between Iran and Jamaica of over 7,000 miles is not that far when war intervenes. We are already experiencing some fall out, and things will get worse if it continues. Consumers…