United completes first phase of Jamaica offshore survey; advances de-risking of seven-billion-barrel prospect

UNITED Oil & Gas has completed the first stage of its offshore Surface Geochemical Exploration Programme on the Walton-Morant ...

Ex-cop’s appeal crushed

Craig Williams, the former cop assigned to the Protective Services Division who was sentenced to 15 years behind bars at hard ...

$30-m matching grant targets production expansion at Parnassus Agro Park

A $30-million Government-backed matching grant initiative is now being deployed at the Parnassus Agro Park in Clarendon, ...

Old flames, new romances ignite at Lovers in the Park

THE South Lawn of Devon House served as the perfect hub for romance last Saturday, as lovers journeyed from near and far for ...

Toll suspension costs TJH US$3.5m but revenue and profit still top forecast

TJH’s asset base rose two per cent to US$299.38 million, with cash holdings of US$15.92 million. Total liabilities declined to US$217.49 million, while shareholders’ equity stood at US$81.89 million, ...

Gramps Morgan, Antiguan PM collab on Reparations

Speaking with the Jamaica Observer recently, Gramps Morgan shared that Reparations is more than just a song, and expressed that by launching it against the backdrop of both Reggae Month and Black ...

JN TARGETS 80 PER CENT LOSS CUT AS NEGATIVE OUTLOOK RAISES STAKES

JAMAICA National Group is targeting an 80 per cent reduction in consolidated losses for the financial year ending March 2026, according to an email sent to members on Monday, marking its sharpest ...

After years under pressure NCB says cash will drive its next phase

AFTER several years under pressure, NCB Financial Group is placing less emphasis on profit and more on cash — a shift management says will determine how quickly the company can reduce debt and rebuild ...

Justice gap exposes youth to hard time

WARNING that some children are being locked out of second chances, state minister in the Ministry of Justice Marisa Dalrymple-Philibert is urging her fellow legislators to use the review of the Child ...

Billions trimmed from corporate tax bills through credits

CORPORATE income tax credits are offsetting a significant share of company tax liabilities in Jamaica, with “other credits” accounting for close to one-fifth of reported net corporate income tax in ...

Agostini gets green light for Massy Ja acquisition

TRINIDAD-BASED Agostini Limited is set to close its acquisition of Massy Distribution (Jamaica) Limited within days after securing a non-objection from the Fair Trading Commission (FTC), clearing a ...

Bondholder Rights: The provisions that shape outcomes

The bond purchase agreement and/or trust deed may further define representations, warranties, and conditions precedent that shape available remedies in the event of breach. A bondholder’s ability to ...