Wigton Energy Limited has tapped Mayberry Investments Ltd (MIL) to lead the charge in arranging the funding for the installation of over 70 megawatts (MW) of solar power. Wigton Energy’s two utility-scale solar…
Category: Business & Economy
KingAlarm enters real estate development with 10-project pipeline
KingAlarm, the Azar family-owned security company, plans to develop real estate properties, with land already acquired for two initial projects in Kingston and Ocho Rios and eight more in the pipeline. The developments,…
IronRock returns to profit, after paying out most of Melissa claims
IronRock Insurance ompany Ltd returned to profit in its second-quarter 2026 with $21.7-million profit as the general insurer worked through claims from Hurricane Melissa while growing its top line at double-digit rates. CEO…
Disney’s strong quarter driven by ‘Toy Story 5’ and draw of US theme parks
Disney’s solid third quarter was driven by a US$1-billion box office haul from Toy Story 5 and the strong draw of US theme parks that helped to offset continued weakness from international tourism….
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Tourism stakeholders pause for a photo ahead of the Canadian-Caribbean Tourism Resilience Symposium: Co-Designing the Next Decade. It coincided with Jamaica’s announcement that it secured 400,000 winter seats from Air Canada, Sunwing, Westjet…
Stocks hover near record highs and oil prices stabilise with talk of a deal to open Strait of Hormuz
Stocks wavered in afternoon trading on Wall Street Wednesday and hovered around their records set a day earlier, while oil prices held steady. The S&P 500 rose 0.1 per cent. The Dow Jones…
Regency Petroleum to build $300m gas station near Kingston’s airport
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…
Caribbean remittance growth cools as uncertainty rises and pandemic momentum fades
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…
Paramount nearly quadruples profit despite Melissa
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…
