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Themes:🧠AI Chip Bottleneck 🚢Red Sea Escalation ⚓Shipping Lane Fragmentation 🏗India Infrastructure Supercycle

16 signals for Economic · JM · Update

Page 1 of 1

EconomicUpdate🇯🇲JM60d ago

Reports of conflict in Jamaica [10 sources]

6.5/10·GDELT Events Historical

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EconomicUpdate🇯🇲JM32d ago

Jamaica is classified at IPC Phase 3+ food insecurity (Phase 3 and above) as of 2027-01-31. Region: International. Data source: FEWS NET (FEWS NET).

6.0/10·FEWS NET (Food Insecurity)

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EconomicUpdate🇯🇲JM 🇬🇧United Kingdom 🇺🇸United States6d ago

KINGSTON, Jamaica — Global oil prices fell below US$75 a barrel on Wednesday for the first time since the Iran war began, easing fears of a major supply shock but leaving Jamaican motorists and businesses to wait longer to know how much of the decline will reach local fuel prices. Brent crude, the global benchmark, fell as much as 3.1 per cent to US$74.76 a barrel in London, its lowest level since February 27. West Texas Intermediate, the US benchmark, also declined about three per cent to US$71.04 a barrel.

5.7/10·Jamaica Observer·Kingston, Kingston

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EconomicUpdate🇯🇲JM 🇨🇦Canada16d ago

KINGSTON, Jamaica—Ripton International Capital Holdings Limited has officially opened the Rogers Commercial Centre, a US$15.5-million mixed-use development at 56–58 Lady Musgrave Road and one of the most significant private investments in the capital in recent years. The opening drew a wide cross-section of government, business and civic leaders. Among those present were Aubyn Hill, Minister of Industry, Investment and Commerce; Delano Seivright, Minister of State in the Ministry of Industry, Investment and Commerce; the Mayor of Kingston Andrew Swaby; Commissioner of Police Dr Kevin Blake; and businessman Norman Horne of ARC Manufacturing Limited.

4.7/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicUpdate🇯🇲JM19d ago

KINGSTON, Jamaica—Outgoing Bank of Jamaica Governor Richard Byles says serving his country through the central bank has been among the most satisfying experiences of his life. "It was a great honour to serve Jamaica through the Bank of Jamaica, just as much as it was an honor to co-chair EPOC (Economic Programme Oversight Committee). Helping Jamaica is the most satisfying thing that I've done in my life.

4.7/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicUpdate🇯🇲JM 🇨🇺Cuba15d ago

KINGSTON, Jamaica — Kingston Creative has launched the Createch Incubator, a new programme designed to equip early-stage creative entrepreneurs with the tools, mentorship and networks needed to build innovative, impact-driven ventures that leverage artificial intelligence (AI) and new technologies. Recognising the significant role of Jamaica’s creative economy, which contributes an estimated $107 billion annually, or 5.1 per cent of the country’s gross domestic product (GDP), the organisation said the incubator targets entrepreneurs across the cultural and creative industries. Eligible sectors include film, literature, visual and performing arts, fashion, crafts, music, and festivals.

4.0/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicUpdate🇯🇲JM54d ago

World Bank, IICA launch AgriConnect initiative in Jamaica KINGSTON, Jamaica — The World Bank Group (WBG) in collaboration with the Inter-American Institute for Cooperation on Agriculture (IICA) has launched the AgriConnect initiative to expand rural connectivity, digital inclusion and the integration of family farmers into markets locally. Worldwide, the initiative aims to support up to 300 million smallholder farmers by 2030, promoting the transition from subsistence models to more productive agricultural enterprises. The implementation of the project in Jamaica is part of a global strategy by the World Bank Group to drive the transformation of the agrifood sector.

4.0/10·Jamaica Observer

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EconomicUpdate🇯🇲JM33d ago

Jamaica has discovered signs of crude oil deposits off its south coast following seabed testing, potentially opening the door to domestic petroleum production. The Caribbean island currently imports all its fuel at an annual cost of $1.5–2 billion, a significant burden on an economy heavily dependent on tourism revenues.

3.5/10·The Guardian World·Jamaica

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EconomicUpdate🇯🇲JM 🇺🇸United States40d ago

Jamaica's opposition leader Omar Newell challenged the government to clarify environmental safeguards before approving offshore oil exploration, citing gaps in marine risk frameworks, spill response capacity, and coastal community consultation. The comments follow reports that United Oil & Gas Plc has identified potential oil deposits off Jamaica's coast and is seeking partnerships with major oil companies.

3.5/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicUpdate🇯🇲JM 🇮🇱Israel 🇮🇷Iran+142d ago

Jamaica's Transport Minister announced a two-week delay in implementing a 16 percent bus fare increase, with a Cabinet decision now expected June 1. The government cited global oil price volatility and concerns about broader economic impacts, while public transport operators grow increasingly frustrated over the unfulfilled commitment first promised in 2023.

3.5/10·Jamaica Observer (expanded)·Kingston, St Andrew

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EconomicUpdate🇯🇲JM40d ago

The Caribbean Hotel and Tourism Association has formally objected to a new Booking.com policy regarding commission structures, warning that the changes could increase costs for regional hotels.

3.2/10·Caribbean Journal

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EconomicUpdate🇺🇸United States 🇯🇲JM41d ago

Tenants rallied outside a Signature Bank-financed residential building in Jamaica, Queens, owned by developer Ved Parkash. The protest highlighted concerns about the city's pension system's investment in mortgage loans on the property, a deal that NYC Comptroller Brad Lander has featured in his political messaging.

2.8/10·Gothamist (New York)·Jamaica, New York

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EconomicUpdate🇯🇲JM 🇦🇪United Arab Emirates41d ago

Jamaica's opposition sports spokesperson Wavell Hinds called for creation of a dedicated Ministry of Sport, arguing the country is failing to monetize its world-renowned athletic brand. He cited Jamaica's weak sports infrastructure despite its strong global reputation in track and field, and noted competing nations like Antigua are aggressively investing in sports facilities and tourism to capture international training and competition revenue.

2.5/10·Jamaica Observer (expanded)·Jamaica

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EconomicUpdate🇨🇴Colombia 🇻🇪Venezuela 🇦🇼AW+241d ago

Colombian low-cost airline Wingo announced plans to transport over 703,000 passengers during the June–July 2026 high season, a 15% increase from the previous year. The expansion includes five new routes across Colombia and the Caribbean, with new connections from Bucaramanga, Medellín, Barranquilla, and Bogotá to destinations including Aruba, Montego Bay, Guatemala, and Valencia.

2.5/10·El Colombiano (Medellín)·Caracas, Distrito Federal

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EconomicUpdate🇯🇲JM41d ago

Caribbean hotels reported strong occupancy growth in the first four months of 2026, with particularly robust performance in March and April, driven by higher room rates and improved revenue metrics across regional resorts, according to STR analytics data.

2.5/10·Caribbean Journal

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EconomicUpdate🇯🇲JM 🇺🇸United States41d ago

Southwest Airlines is now offering nonstop flights from Chicago to Montego Bay, Jamaica, for under $340, making Caribbean travel more accessible for U.S. travelers.

1.5/10·Caribbean Journal·Chicago, Saint James

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