Business

26 May, 2026 0

ThisBank to raise US$6.9m in US debt offering
ThisBank Ltd, the UK-based digital lender formerly known as JN Bank UK, raised some US$6.9 million in a debt offering, according to a notice filed with the US Securities and Exchange Commission…
26 May, 2026 0

JPS profit halves as Hurricane Melissa recovery costs bite
Jamaica Public Service Company (JPS) posted a 50 per cent dip in its first-quarter profit as the power utility absorbed the lingering financial toll of Hurricane Melissa. The Category 5 storm, which…
Business
26 May, 2026 0

Holborn Road landmark up for auction
Plans are afoot to auction an incomplete New Kingston building at 8 Holborn Road whose construction was halted at one point by the authorities. The property — described in the auction notice as…
Business
26 May, 2026 0

Manufacturing stocks surge 16% in Q1 as JSE rally lifts sector index
The manufacturing and distribution stocks on the Jamaica Stock Exchange (JSE) doubled the performance of the overall market or their strongest quarterly performance in recent memory.  The outlook…
27 May, 2026 0

BOJ flags two quarters of above-target inflation, signals readiness to raise rates
The Bank of Jamaica (BOJ) expects inflation to climb above its six per cent target ceiling for at least two consecutive quarters and warned it stands ready to adjust interest rates if price pressures…
26 May, 2026 0

BOJ holds policy rate at 5.5 per cent
The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to maintain the policy rate on overnight placements by deposit-taking institutions at 5.5 per cent per annum.
26 May, 2026 0

Democrats feud over stock trading as they sharpen anti-corruption case against Trump
After three terms in the US House and two unsuccessful campaigns for the US Senate, Colin Allred said he's heard plenty about voters' suspicions that politicians are just trying to make a…
27 May, 2026 0

PayPal’s online checkout empire is under siege as rivals squeeze its core business
PayPal helped invent online checkout. Nearly three decades later, it's struggling to defend its turf. The iconic online payments company is facing its biggest challenge in nearly three decades…
27 May, 2026 0

Travel industry worries after Trump administration reiterates threat to sanctuary city airports 
The travel industry is on edge after Homeland Security Secretary Markwayne Mullin reiterated his threat to withdraw US Customs and Border Protection (CBP) officers from airports in so-called…