Business
August 5, 2026
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…
August 5, 2026
by Carolyn Guniss
VM Group $3b in moratorium affect profit
VM Group placed $3 billion in loans under moratorium following Hurricane Melissa, absorbing a short-term hit to fee income, as it balanced member relief over near-term profit Group Chief Financial…
August 5, 2026
by Neville Graham
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…
August 5, 2026
VM Investments upsizes bond offer to $4.8b
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…
August 6, 2026
by Neville Graham
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…
August 4, 2026
US stocks rally near record as falling oil prices ease Wall Street’s worries about inflation
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 per cent…
August 2, 2026
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…
August 2, 2026
Grace turns the corner on Melissa
GraceKennedy’s recovery from the disruption caused by Hurricane Melissa gathered momentum in the second quarter, helping to lift profits as its food operations rebounded and its financial services…
August 2, 2026
by Carolyn Guniss
JSE suspends Portland JSX shares as audited accounts become 91 days overdue
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…