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Jetcon doubles first-quarter revenue, expanding range to include electric vehicles

Jetcon Corporation has moved to broaden its vehicle offering following a strong first-quarter performance.The Junior Market-listed auto trader posted net profit of $60.1 million...

Century flags US$10m cost headwind as Jamalco bauxite quality slips

Century Aluminum, the majority owner of Jamalco, posted strong earnings but warned that rising raw material costs tied to Middle East hostilities and declining...

Iran war and Jamaica hurricane cost TUI 61m in half-year results

Europe's largest tour operator, TUI Group, absorbed €61 million (J$11.2 billion) in combined one-off losses from the Iran war and Hurricane Melissa's devastation of...

UTech advances plans to slash light bill in half with new solar power installations

The University of Technology, Jamaica (UTech) has launched a tender for solar power installation of at least 2.0 megawatts (MW) with optional battery storage...

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...

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