Business

Contributed Keody Thompson, realtor at Jamaica Sotheby’s International Realty.
Updated 11 hours ago

Short-term rentals in St Ann earn most, but Kingston dominates listings

Properties listed for short-term rental in St Ann are generating the highest average revenue in Jamaica at around $5 million a year, with Kingston hosting the most active listings on the market, data indicate. Short-term rentals appeal to a growing but niche segment of the market, undercutting the price of hotels.

Read more
Business
Published 12 hours ago

Paramount posts higher revenue and profit as hurricane impact fades

Paramount Trading (Jamaica) Ltd reported stronger revenue and profit for its third quarter ended February 28 despite disruptions caused by Hurricane Melissa. “The gross revenue for the current quarter…
Tank-Weld CEO Christopher Bicknell.
April 11, 2026

Tankweld secures further court win as FTC report set aside

Tank-Weld Metals Limited has secured another legal victory against the Fair Trading Commission (FTC), with the Supreme Court agreeing to hear the company's challenge to a disputed report while…
Yoni Epstein, Founding Chairman and CEO, of itel.
April 10, 2026

The playbook for Jamaica’s next outsourcing chapter

When it comes to outsourcing, US clients are no longer looking simply for headcount. They are looking for delivery ecosystems that support analytics, automation, and AI-enabled service performance.…
Rudolph Brown/PHOTOGRAPHER Brian Larkin, CEO, United Oil & Gas, during a vessel tour of the ‘R/V Gyre’ as part of United’s steps to survey the seabed for evidence of a working hydrocarbon system on January 26.
April 10, 2026

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.
Business
April 10, 2026

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…
Cedric StephensColumnist
April 10, 2026

Seeing Jamaica’s centenary in 2062 – Part II

Two reports about recent speeches in this newspaper were the stimuli. The first was made by Montego Bay Chamber of Commerce and Industry President and entrepreneur, Jason Russell. State Minister in…
Associated Press Washington Bureau Chief Julie Pace, right, looks over a headline with deputy managing editor for operations David Scott in the newsroom at the Associated Press in Washington, February 5, 2020. (AP Photo)
April 10, 2026

AP will offer buyouts as part of pivot away from newspaper-focused history

The Associated Press (AP), one of the world’s oldest and most influential news organisations, said on Monday it is offering buyouts to an unspecified number of its US-based journalists as part of an…
AP A ‘now hiring’ sign sits by the sidewalk as a rider on a scooter passes in Garland, Texas, Monday, March 23.
April 10, 2026

US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years

US applications for unemployment benefits rose last week before Iran, Israel and the US announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic…
Federal Reserve Chair Jerome Powell gestures while addressing students at Harvard University, Monday, March 30, 2026, in Cambridge, USA.
April 10, 2026

More Federal Reserve officials see possible rate hikes this year, minutes show

The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened…