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Excelerate warns Middle East conflict costing US$1m monthly as Jamaica gas sales grow

Excelerate Energy Inc, which operates gas operations in Jamaica, Asia, and the Middle East, said the closure of the Strait of Hormuz is costing...

Jamaica seeks new storm bond as hurricane season looms

Jamaica plans to restore its catastrophe bond coverage ahead of the Atlantic hurricane season, according to experts.They expect the country to raise around US$150...

Bank of Jamaica advances plans for new facility beside French Embassy on Hillcrest

The Bank of Jamaica (BOJ) has launched a tender for architectural and engineering consultants to design and oversee the construction of a new business...

RJRGLEANER Communications Group enters agreement for sale of Gleaner building

The RJRGLEANER Communications Group has announced it has entered an agreement with LP Azar Limited for sale of the Gleaner building at 7 North...

Home sales flat in April as lacklustre spring homebuying season lurches forward

Sales of previously occupied US homes were essentially flat in April, another lacklustre showing for the housing market during what is traditionally its busiest...

Francis Wade | The Productivity Numbers Haunting Every Government Leader

As a leader in the Jamaican government, you may be confronted by the economic situation we find ourselves in. While some colleagues are busy...

Massy sells Jamaica distribution arm at over J$2b loss

Massy Holdings Limited has booked a TT$105.3 million loss — equivalent to more than J$2.3 billion — on the sale of its Jamaican distribution...

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