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Category: Business & Economy

Business & Economy

Regency Petroleum to build $300m gas station near Kingston’s airport

infojamaica
August 5, 2026

Regency Petroleum will invest $300 million to build a service station beside the Norman Manley International Airport in Kingston, with a strategy that extends well beyond fuel sales. CEO Andrew Williams said the…

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Business & Economy

Caribbean remittance growth cools as uncertainty rises and pandemic momentum fades

infojamaica
August 5, 2026

Remittance inflows across the Caribbean grew 5.9 per cent in the first quarter of 2026, compared with the year-earlier period, but the pace of growth has decelerated, according to a recent report from…

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Business & Economy

Paramount nearly quadruples profit despite Melissa

infojamaica
August 5, 2026

Paramount Trading Jamaica Ltd nearly quadrupled its net profit for the financial year ended May 2026, powered by cost discipline and one-off gains that offset a revenue dip linked to the impact of…

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Business & Economy

VM Investments upsizes bond offer to $4.8b

infojamaica
August 5, 2026

VM Investments Ltd (VMIL) has increased the size of its public bond offer to $4.8 billion after increased investor demand, the company disclosed on Sunday. “Successful applicants will receive confirmation of their allotments…

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Business & Economy

Charts

infojamaica
August 5, 2026
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Business & Economy

US stocks rally near record as falling oil prices ease Wall Street’s worries about inflation

infojamaica
August 4, 2026

US stocks are rallying to the edge of their all-time high on Monday after easing oil prices helped calm Wall Street’s worries that inflation could get even worse. The S&P 500 jumped 1.5…

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Business & Economy

VM Group ends 60-year audit relationship with KPMG

infojamaica
August 2, 2026

VM Group has ended a roughly 60-year relationship with KPMG, appointing PricewaterhouseCoopers (PwC) as its new external auditor after shareholders approved the change at Tuesday’s annual general meeting.

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Business & Economy

JSE suspends Portland JSX shares as audited accounts become 91 days overdue

infojamaica
August 2, 2026

The Jamaica Stock Exchange (JSE) has suspended trading in the shares of investment company Portland JSX Ltd (PJX) after it failed to submit its audited financial statements for the year ended February 2026…

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Business & Economy

Caribbean air travel capacity shrinking, only behind Middle East

infojamaica
August 2, 2026

The Caribbean recorded the second-largest decline in airline seat capacity in the world after the Middle East in July when compared with year-earlier levels, according to the OAG, a UK-based travel analytics firm.

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Business & Economy

Dozens of properties headed to auction amid jump in past-due loans

infojamaica
August 2, 2026

A commercial plaza, a medical facility, and resort-area properties are among dozens of mortgaged properties scheduled to be auctioned in August. It comes amid a three-quarter rise in past due loans across the…

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