Business

Hotel Four Seasons.
21 Aug, 2026 0

Hotel Four Seasons relisted at US$13.5m

Hotel Four Seasons, the 114-room hospitality property on Ruthven Road in New Kingston, has returned to the market at US$13.5 million, reflecting a discount from its listing five years earlier. The…
CONTRIBUTED
Newly appointed Bank of Jamaica Governor, Dr Brian Langrin.
21 Aug, 2026 0

BOJ sees inflation risk as stability is job one

Newly installed BOJ Governor Dr Brian Langrin has signalled that maintaining price stability will remain the Bank of Jamaica’s (BOJ) overriding priority, warning that inflation risks are tilted to the…
Albert Bailey CEO of Spur Tree Spices Jamaica Ltd.
21 Aug, 2026 0

Spur Tree Spices aims for strong second-half to hit $2b target

Spur Tree Spices Ltd aims to cross $2 billion in annual revenue for the first time, but achieving it requires growing by at least 13 per cent over the second half of last year. “Our goal for this year…
CONTRIBUTEDGuardian Holdings Ltd Group CEO, Ian Chinapoo.
21 Aug, 2026 0

Guardian approaches 80% settlement rate on Melissa claims

Regional insurance provider Guardian Holdings Ltd has settled more than 70 per cent of insurance claims arising from Hurricane Melissa, Group CEO Ian Chinapoo said last Friday. “So, as of June, we…
Seprod’s complex at Felix Fox Boulevard in Kingston.
21 Aug, 2026 0

Seprod profit rises 16%, group trims debt

Seprod Limited reported net profit of $688 million for the second quarter ended June 30, 2026, a 16 per cent increase over the year-earlier levels, as disciplined expense management compensated for a…
Business
21 Aug, 2026 0

PROVEN returns to profitability on US$9.4-million gain from Roberts Manufacturing partial sale

PROVEN Group Ltd swung to a net profit of US$8.2 million for the first quarter of fiscal year 2027, reversing a loss of US$2.6 million in the corresponding period a year earlier. The turnaround rested…
Dr Charlene Ashley
21 Aug, 2026 0

Charlene Ashley | Is AI making you pay more?

Imagine two passengers boarding the same flight. Same airline. Same aircraft. Same departure time. Same destination. One paid US$463. The other, US$892. We have accepted this for decades. Perhaps one…
21 Aug, 2026 0

US debt surpasses US$40-trillion mark

The national debt surpassed a record US$40 trillion on Wednesday, a staggering milestone as defence costs, social programmes like Social Security and Medicare, and interest on the burgeoning deficit…
21 Aug, 2026 0

Walmart cautious with expectations after slowest sales growth in six years

Walmart reported its slowest growth in United States comparable sales in six years during its most recent quarter, and the retailer’s guidance for the rest of the year was seen as cautious by Wall…