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The Housing Agency of Jamaica is preparing to assess Easington lands in St. Thomas as the municipal corporation considers subdivision, possible disposal and housing-related regularisation.
Courtney Campbell (left), President and CEO of the VM Group, addresses attendees at the VM Financial Group Preference Shares Listing Ceremony. Also pictured are Andre Gooden (centre), Manager – Business Development at the Jamaica Stock Exchange; and Livingstone Morrison (right), Chief Executive Officer – Jamaica Stock Exchange
Prime Minister, Dr. the Most Hon
Labour and Social Security Minister, Hon. Pearnel Charles Jr., is calling on Jamaicans to be vigilant against child labour in their communities and report suspected cases of exploitation
St. Andrew, St
The Jamaica Association of Montreal (JAM) said it intends to leverage discussions at the 11 th Biennial Jamaica Diaspora Conference to drive deeper diaspora involvement in national development. Sharon Nelson, who assumed the role of president of the association in December 2025, leads a 10-member team from the Montreal-based organisation to Jamaica for the conference, scheduled for June 14 to 18 at the Montego Bay Convention Centre in St James
Ambassador Audrey Marks, Minister in the Office of the Prime Minister with Responsibility for Efficiency, Innovation, and Digital Transformation Company to enter new phase of growth and transformation Paymaster Jamaica Limited announced the successful completion of a transaction under which its Founder, Ambassador Audrey Marks, has reacquired Digicel’s 80% ownership stake in APM Holdings Limited, the parent company of Paymaster Jamaica Limited. The transaction concludes discussions that commenced in 2024, prior to Ambassador Marks assuming her current public responsibilities as Minister of Efficiency, Innovation and Digital Transformation and Member of Parliament for North East Manchester
Dividend of 45 cents declared for second quarter, payable on July 23 Durrant Pate/Contributor Scotia Group has delivered a strong half-year performance with net income of $10.1 billion for the half year ending April 30, 2026. In addition, the Group’s asset base expanded by $80.3 billion or 10.5%, to $843.9 billion
Jamaica can run fully on renewable energy, according to the architect of Uruguay's landmark energy transition, who urged the island to move beyond incremental targets."I will assure you that it will be more than 90 per cent," said Dr Ramón Méndez Galain, speaking at the annual Maurice Facey Lecture Series at the Jamaica Conference Centre on Wednesday under the theme ‘Breaking the Grid: Charting Jamaica's Path to Renewable Energy’.He pointed to institutional readiness, proper grid optimisation and policy alignment as the real constraints holding Jamaica back."The transition is not even a cost issue. It's not a technology issue," Méndez Galain said, adding that current policy targets underestimate what is technically and economically feasible.Jamaica targets generating 50 per cent of its electricity from renewables by 2030
The buyout of Scotia Group Jamaica Limited's (SGJ) minority shareholders will pump roughly C$500 million into the local market in the short term, but will permanently shut out local investors from one of Jamaica's most profitable companies, according to Mayberry Group CEO Gary Peart."In the short term, C$500 million comes to market, so that's good," Peart said in a written response to the Financial Gleaner. "In the long term, they will be losing out on profits from the second most profitable banking institution and probably one of the top five profit-making entities in Jamaica."Scotia Group confirmed Friday that its Canadian parent will pay roughly C$500 million (J$56 billion) to acquire the roughly 28 per cent stake in SGJ it does not already own, in a transaction that would take the bank private and delist it from the Jamaica Stock Exchange
The news that Scotia Group Jamaica will be making a move to delist from the Jamaica Stock Exchange has drawn much discussion. With the local equities market in the doldrums, the country’s most stable financial institution, which has been in Jamaica for 137 years, will walk away from the JSE, which, back in 2018, Bloomberg hailed as the best bourse in the world
Kadeen Mairs is preparing to expand his investment portfolio after selling his remaining 20 per cent Dolla stake to Mayberry for about J$1 billion. Through Dequity Capital, he plans to back more Jamaican enterprises.
Jcc celebrates businesses driving recovery, resilience, and growth at 41st Annual Awards Jamaica’s business community gathered at the Jamaica Pegasus Hotel on Thursday, June 11, 2026, to celebrate the organisations and entrepreneurs whose resilience, innovation and leadership have helped shape the country’s economic recovery following Hurricane Melissa. Hosted by the Jamaica Chamber of Commerce (JCC), the 41st Annual Awards recognised businesses and individuals that have not only adapted to a rapidly changing environment but have emerged stronger, more competitive and better positioned for sustained growth
An additional $66 million has been allocated in the 2026/27 Budget to procure 20 more boats and engines under the Fisheries Incentive Programme. Agriculture, Fisheries and Mining Minister, Hon
National Commercial Bank Jamaica has been recognised by The Banker, Global Finance, JP Morgan and Capital Finance International for 2026, with awards covering profitability, foreign exchange, trade finance and regional banking leadership.
Nuno Alvarez VISA Regional Vice President Latin America and the Caribbean Visa has announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, enabling seamless and trusted payments across OpenAI platforms. The companies made the announcement at the Visa Payments Forum in San Francisco
The Jamaica Special Economic Zone Authority (JSEZA) has launched its online Facilitation Tool, a digital platform designed to enhance the ease of doing business with the country’s SEZ regime. The tool aims to streamline engagement between investors, developers, and regulatory stakeholders, while improving efficiency, transparency and service delivery, resulting in a more seamless investment experience
Most Jamaica Stock Exchange measures ended lower on Thursday, with the Combined Index losing 0.38 per cent while total turnover topped 525 million units valued above $1.08 billion.
Scotia Group Jamaica plans to leave the Jamaica Stock Exchange and become privately held through a deal with majority owner Scotiabank Caribbean Holdings. Minority shareholders are expected to vote in court-ordered meetings.
VM Investments Limited is heading back to the bond market for up to $4.8 billion, largely to refinance existing obligations while extending repayment timelines and easing debt-servicing demands.
European Union competition officials have ordered Meta to allow rival AI assistants back onto WhatsApp while they continue an antitrust probe into the platform’s business terms.
US producer prices climbed last month at the fastest pace since November 2022, fuelled by a surge in energy prices after the start of the Iran war.The Labor Department reported on Thursday that its producer price index — which captures inflation before it reaches consumers — jumped 6.5 per cent from May 2025. It rose 1.1 per cent from April, as it did the previous month
No commercial bank failed in Jamaica during his nearly seven years at the helm of the Bank of Jamaica (BOJ), outgoing Governor Richard Byles told Parliament's Standing Finance Committee on Wednesday — a record he set against a backdrop of local and global shocks."Despite profound international disruptions in recent years, we have had no bank failure in Jamaica," Byles said about the eight commercial banks. "We do not take this fact for granted.”Comparatively, he said the Federal Deposit Insurance Corporation of the United States reports that there have been “19 bank failures” in the United States over the seven years, 2019 to 2026.The distinction matters
The nation's largest commercial bank, National Commercial Bank Jamaica Ltd (NCB), has placed roughly three dozen repossessed properties on the market carrying a combined assessed value exceeding $2 billion, spanning 10 parishes.It is one of the largest single private treaty listings the bank has published in recent memory."We invite offers," NCB stated in a full-page advertisement in The Sunday Gleaner.The portfolio ranges from a $4.5-million agricultural lot in Cheltenham, St Elizabeth, to a $312-million commercial complex at 8-12 King Street and Temple Lane in Kingston, and includes residential homes, commercial buildings, agricultural land and resort-linked apartments.NCB initially responded stating that they were “checking” information but did not immediately respond up to press time. A private treaty sale is the mechanism Jamaican banks use to dispose of repossessed collateral without going to public auction
Anthropic will donate US$150 million to launch a fellowship programme that places coaches with non-profits around the country to help them use artificial intelligence (AI) more effectively in their work.Claude Corps, named for the company's popular AI chatbot, will hire and embed 1,000 fellows trained in the use of Claude at a wide range of organisations for a year. Anthropic President Daniela Amodei told The Associated Press that the company hopes the programme will expand and become a pillar of its strategy to help humankind realise the benefits of AI, while also managing its risks.Amodei said Claude Corps will be evaluated after its first year to see if it should continue and expand."We're hoping it's a good idea that can take root and that other people can build on and learn from, whether that's public or private," Amodei said in an interview at Anthropic headquarters in San Francisco
Visa says it has connected its payment network to ChatGPT so AI agents can help users shop and complete purchases, with safeguards such as spending caps, approvals and fraud checks.
US stocks rallied to their best day in two months, and oil prices fell on Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential deal that could get the global flow of oil going again.The S&P 500 jumped 1.8 per cent, coming off a back-to-back drop that had yanked it back to where it was in early May
Blue Origin says major fuel storage and nearby rocket hardware escaped damage after the New Glenn test explosion at Cape Canaveral, while NASA pushes to protect Artemis moon plans.
China’s Jiangmen Underground Neutrino Observatory has published its first major results after two months of data collection. The findings show the detector’s promise in studying neutrino behaviour and mass.
After two years of construction, the 90,000-square-foot Rogers Commercial Centre on Kingston’s Lady Musgrave Road was officially launched yesterday. This four-storey edifice was developed by Fritzwarien “Ripton” Rogers of Ripton International Capital Holdings Limited
