Jamaica has facilitated more than US$4.2 billion in hotel investments through JAMPRO, but roughly 10 per cent of the pipeline remains delayed, including a Marriott-branded property in Trelawny. These projects – facilitated in…
Category: Business & Economy
UFC fighter Aljamain Sterling seeks US$1m to fund J’can rum venture
Professional mixed martial arts fighter Aljamain Sterling, the son of Jamaican expatriates, aims to raise up to US$1 million through a US securities crowdfunding offering to scale his brand, Funk Harbor Rum. “Every…
Finance lessons from Garfield Sobers
The story of Sir Garfield Sobers – widely acknowledged as cricket’s best all-time all-rounder – is rich with personal financial lessons. Sir Gary grew up in humble circumstances in Barbados, but he used…
IAJ urges policyholders to review sums insured as average-clause disputes mount after Melissa
The Insurance Association of Jamaica (IAJ) urges property owners to check whether their coverage reflects the true replacement value of their homes and businesses, as the average clause – a long-standing but little-understood…
IDB Invest lines up US$80m loan for JPS grid recovery
Power utility Jamaica Public Service Company Limited (JPS) aims to secure US$80 million, about J$12.7 billion, from the private-sector arm of the Inter-American Development Bank Group (IDB) for liquidity purposes and Hurricane Melissa…
French energy firm secures Jamaica land for utility-scale solar and hydrogen project
French renewable-energy company HDF Energy said it has secured land in Jamaica for a proposed utility-scale solar, hydrogen and battery storage project, and wants investors, contractors, suppliers and operators to participate in its…
AMG profit slides amid dip in production
AMG Packaging and Paper Company Limited’s profit has fallen by more than half in the latest quarter as its production faltered. Management, however, remains upbeat and continues with its expansion plans. Net income…
Weekly summary
In Friday’s trading session the following reflects the movement of the JSE Indices: – The JSE Combined Index advanced by 163.78 points ( 0.04 %) to close at 367,508.87 points and the volume…
Lakespen drives profit at Sygnus
The real estate development firm Sygnus Real Estate Finance Limited (SRF) has reclassified and revalued assets at its Lakespen Industrial Park during its latest quarter, resulting in a 193 per cent rise in…
Derrimon sales down a third, even as it moves beyond write-down
Derrimon Trading Company Ltd saw revenue fall by a third to $2.96 billion in the first quarter ended March 2026, a decline of more than $1.3 billion, as the supermarket and distribution group…