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CariCRIS upgrades Poly Pet outlook on successful bond refinancing

Caribbean Information and Credit Rating Services (CarCris) has lifted its outlook on Poly Pet Company Limited to “stable from negative”, citing the Jamaican...

Jamaican businesses lift inflation forecasts, expect slower currency slide

Jamaican firms nudged up their inflation expectations in December, even as they saw a slower pace of currency depreciation and mixed signals on...

Clarendon farmers eye annual $240m in revenue from new agro park

Thirty-three small farmers in Clarendon aim to generate $240 million annually on the high end from short-term crops at a new agro park,...

How the smartest people in the boardroom make the worst decisions on purpose

As an executive, you are mystified by the source of corporate failures. How does a well-managed company make bad decisions that run the...

Hyatt cuts forecast by US$10 million as Jamaica resorts stay shut

Hyatt Hotels Corp lowered its 2026 earnings forecast by US$10 million following the extended closure of seven Jamaica all-inclusive resorts damaged by Hurricane...

NCB Financials asset tax burden erodes chairmans debt payments

Michael Lee-Chin broke his silence on recent bond matters on Friday, telling NCB Financial Group shareholders that the asset tax has diverted US$100...

African development bank backs Bahamas roads with US$100-million facility

African Export-Import Bank (Afreximbank) has extended a US$100-million receivables discounting facility to Bahamas Striping Group of Companies (BSGC), marking the Pan-African lender’s deepening...

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