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…
Category: Business & Economy
Caribbean air travel capacity shrinking, only behind Middle East
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.
Dozens of properties headed to auction amid jump in past-due loans
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…
Amina Taylor | Can the King of the North rally Britain?
The King of the North has arrived to Downing Street. Andy Burnham is officially the prime minister of the UK, a role he seemingly inherited in the most bloodless of coups. In what…
Cal’s seeks court approval to commercialise Westminster Rd properties
The founder of Cal’s Manufacturing Ltd has applied to the Supreme Court to modify covenants on two adjoining residential properties on Westminster Road in Kingston for commercial activities. Its directors acquired the parcels…
JSE SUMMARY THURSDAY, JULY 30
In Thursday’s trading session the following reflects the movement of the JSE Indices: . The JSE Combined Index advanced by 2,310.43 points (0.62%) to close at 375,296.88 points and the volume traded amounted…
Seprod enters real estate with housing development in St Thomas
Seprod Ltd, the manufacturing conglomerate, plans to break ground on its first housing development, a joint venture with parent company Musson Group on 3,000 acres of agricultural land at Belvedere in St Thomas….
Hanover losses spotlighted in Lloyd’s study on Caribbean insurance gaps
A study commissioned by Lloyd’s, the London-based insurance and reinsurance marketplace, found that farmers, fishers and tourism workers in three hurricane-exposed Caribbean countries — Jamaica, Barbados and Grenada — are left to replace…
JMMB’s Dom Rep arm deploys US$11m to solar, wind through fund
JMMB Group’s Dominican Republic (DR) fund management subsidiary has placed US$11 million (J$1.5 billion) in renewable energy investments through its Sustainable Energy Fund, marking one of the more concrete examples of a Caribbean…
Oil prices jump, Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. The S&P…
