Business
16 Oct, 2026
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Wigton Energy slashes over $800 million in debt ahead of solar push
Wigton Energy Ltd has cut over $800 million worth of debt in the year, clearing the way for the wind-power producer to chase solar projects even as half-year profit slipped. Its borrowing now equates…
16 Oct, 2026
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Jamaica regulator requests plan to relocate coral for Fiesta’s overwater suites
Jamaica’s environmental regulator has deferred beach licences that Spanish hotel group Fiesta needs to build overwater suites at its Grand Palladium resort in Point, Hanover. At its 15 September…
16 Oct, 2026
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Former stock exchange chief launches consultancy and stock market game for kids
Marlene Street Forrest, who retired as managing director of the Jamaica Stock Exchange (JSE), launched a business consultancy whose first public project involves a stock market game for…
16 Oct, 2026
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Indies Pharma adds $1-billion loan from NCB at higher cost, but profit rises
Indies Pharma Jamaica Ltd earned higher profit for its latest quarter but replaced an earlier bond with a $1-billion issue at a higher interest rate. It comes as the drug distributor rebounds from the…
16 Oct, 2026
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IMF raises its forecast for world growth this year, but warns of risks from AI boom and debt
The International Monetary Fund (IMF) on Tuesday slightly upgraded its outlook for the world economy for this year while warning of growing risks from rising debt, including the financial frenzy…
16 Oct, 2026
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IMF says African economies performing well despite shocks from the Iran war
African economies have managed to weather fairly well the energy crisis brought on by the Iran war, but a decline in aid has left the continent vulnerable to future shocks, the head of the…
15 Oct, 2026
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US stocks sink as inflation gets worse
Worries about worsening inflation are weighing on Wall Street Wednesday and pulling the US stock market further from its record. The S&P 500 dropped 1.1 per cent and was on track for a fifth loss…
15 Oct, 2026
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Inflation hits 8.6 per cent in September, highest since December 2022
Jamaica's annual inflation rate climbed to 8.6 per cent in September, the highest since December 2022 and above the Bank of Jamaica's (BOJ) four-to-six per cent target range, according to…
14 Oct, 2026
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Builder group says late Government payments, not lack of capacity, slowing reconstruction
Government should share some blame for a shortage of top-tier building contractors because it pays them late, the island’s main builders’ group said. Richard Mullings, president of The Incorporated…