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Four hundred pregnant heifers are to be distributed to dairy farmers across Jamaica under a major government initiative, aimed at rebuilding the national herd, boosting milk production and strengthening the long-term resilience of the dairy industry following Hurricane Melissa. The Jamaica Dairy Development Board’s (JDDB) Heifer Redistribution Programme was launched on July 16, at Serge Island Dairies in Danvers Pen, St
The largest pure-play exploration and production company offers diversified oil exposure, but investors should demand a margin of safety after a strong commodity-driven re-rating. July 14, 2026 Investment Snapshot Current View Ticker / Exchange COP / NYSE Share price $112.27 intraday on July 14, 2026 Market capitalization Approximately $137.5 billion Trailing P/E Approximately 19.0x Investment stance HOLD / ACCUMULATE ON WEAKNESS Risk profile Medium-high; commodity-sensitive Investment Thesis ConocoPhillips remains one of the strongest large-cap vehicles for investors seeking direct exposure to global oil and gas production
The OxyChem sale transformed the balance sheet and sharpened the upstream focus, yet the equity remains a higher-risk way to express a bullish oil view. July 16, 2026 Investment Snapshot Current View Ticker / Exchange OXY / NYSE Share price $54.86 intraday on July 14, 2026 Market capitalization Approximately $54.6 billion Trailing P/E Approximately 13.8x Investment stance SPECULATIVE HOLD Risk profile High; leveraged and commodity-sensitive Investment Thesis Occidental Petroleum enters the second half of 2026 as a materially different company
Pbt more than doubled, increasing by 138.8% to $32.8 million from $13.7 million Durrant Pate/Contributor Image Plus Consultants, which trades as Apex Radiology, is reaping many dividends from its recent acquisition of Island Radiology Limited (IR) and the Woman’s Place (TWP), a Kingston-based facility specialising in mammography. The acquisitions of both entities have resulted in revenues increasing by 31.6% or $84.5 million to $351.9 million for the first quarter ended May 31, 2026, up from $267.4 million last year
Jamaican Bank Notes Photo: Bank of Jamaica Durrant Pate/Contributor Liquidity in the Jamaican dollar money market strengthened last week, amid a slight decline in the local currency. Liquidity, as measured by the aggregated current balances held by Deposit-Taking Institutions (DTIs) closed the week at J$68.86 billion, up from J$57.73 billion posted in the previous week
U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook.The US Labor Department reported Wednesday that its producer price index – which captures inflation before it reaches consumers – dropped 0.3 per cent from May, biggest decline since April 2025 and a reversal from a 0.6 per cent uptick the month before
Hon. Tova Hamilton marked Liat Air’s first Pointe-à-Pitre–Montego Bay flight on July 14, launching twice-weekly year-round service aimed at deeper Caribbean and European market ties.
File PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015
Jamaica Stock Exchange Photo: Contributed Durrant Pate/Contributor The Jamaican stock market continued its soft advance last week, coming into this week, giving renewed optimism for equity investors. The market extended gains from the prior week, with the main Combined Index climbing 2.0%, with NCB Financial Group (NCBFG) and Carerras largely contributing to its upswing
Michael Lee-Chin Photo: Contributed Jamaican-Canadian businessman, Michael Lee-Chin is going into nuclear energy in Turkey through his Canadian his Portland Holdings Group. Portland Holdings last week signed a memorandum of understanding (MOU) with a Turkish nuclear technology company to help develop Turkey’s atomic power sector
Skincare scientist S. Angela Solomon is passionate about using natural products to heal the body, inside and out, through her Sunshine Creations LLC collection, which was showcased at a Kings Plaza Mall pop-up on Saturday, July 11
Approximately 73 farmers have graduated from the Rural Agricultural Development Authority (RADA) Farmer Field School under the Cocoa Frosty Pod Rot Disease Management Programme. The programme adopts a farmer-centred approach to combatting frosty pod rot disease in cocoa through an intensive eight-week training course
Industry Minister Aubyn Hill, speaking in Old Harbour, urged micro, small and medium enterprises to pursue the Government’s 20 per cent procurement set-aside and use islandwide roadshows to get contract-ready.
The National Irrigation Commission will take part in the 72nd Denbigh Agricultural, Industrial and Food Show in May Pen from July 31 to August 2, spotlighting irrigation services and farmer resilience after Hurricane Melissa.
A Saint Lucia-based entity has agreed to purchase the 79.99 per cent controlling stake in Dolphin Cove Ltd, bringing to a head more than a year of US bankruptcy proceedings that have held the fate of the Jamaican-listed marine attractions operator.“World of Dolphins Inc, the company’s majority shareholder, has entered into a share- purchase agreement dated July 9, 2026 to sell all of its shares in the company to Global Attractions Ltd, a company incorporated in Saint Lucia,” Dolphin Cove said in a market notification published on the Jamaica Stock Exchange on Sunday.The sale price was not disclosed. The stock traded at J$12.02 midday Tuesday, up roughly 10 per cent
Image Plus Consultants Ltd spent $620 million on two acquisitions that lifted its network to eight sites islandwide, lifting first-quarter revenue and profit for the period to May 2026.
Jamaican-Canadian businessman Michael Lee-Chin is pushing into nuclear energy, with his Portland Holdings group signing a memorandum of understanding (MOU) with a Turkish nuclear technology company to help develop Turkey’s atomic power sector.“We see this cooperation as an opportunity to bring together credible partners, trusted expertise and international nuclear innovation,” Lee-Chin said in a statement.The MOU, signed at the Nuclear Power Plants and Energy Summit in Istanbul on July 9, establishes a framework for cooperation between Portland Holdings Investco Limited, a Canadian entity within the Portland group, and Nuclean Temiz Enerji, a Turkish company that connects technology providers, investors and engineering firms working on small modular reactors. The Nuclear Industry Association of Turkey signed on as a supporting institution.“Countries around the world are looking for access to specialised human capital and reliable, low-carbon energy solutions that can strengthen energy security, industrial competitiveness and long-term economic resilience,” Lee-Chin stated
The Jamaica Stock Exchange has ended its trading halt on Derrimon Trading Company Limited after the Junior Market firm filed overdue audited and quarterly financial reports.
Maxine Brown Production Coffee Worker at Mavis Bank Coffee Factory reaps premium Blue Mountain coffee with Managing Director of the Mavis Bank Coffee Factory, Dr. Norman Grant recently
Olivia Rose Photo: (Photo Credit: Contributed) A simple appreciation poll raises an important workplace question After completing a six-month community project across several parishes, a small Jamaican non-profit organisation decided to thank its field implementation team unusually. Throughout the six-month assignment, every team member continued to receive their regular monthly salary for their work
Jamaica’s Global Services Sector, which attracts approximately US$900 million (about J$150 billion) in direct foreign investment annually, remains well positioned for continued growth despite recent challenges. Speaking during a Jamaica Information Service (JIS) ‘Think Tank’ on July 9, President of the Global Services Association of Jamaica (GSAJ), Wayne Sinclair, said the industry remains one of the country’s most important economic pillars, generating significant economic activity and creating employment opportunities across a wide range of sectors
State Minister Delano Seiveright told cultivators in St. Elizabeth that Jamaica’s cannabis reforms are intentional and inclusive, as the CLA launches a nationwide Special Cannabis Permit Road Tour.
State Minister Delano Seiveright launched a countrywide Cannabis Permit Road Tour in Newell, St. Elizabeth, promoting two new permit types and Cannabis Licensing Authority support for growers and communities.
Industry Minister Aubyn Hill told MSMEs at an Old Harbour expo to formalise and register so they can supply services to contractors under the National Reconstruction and Resilience Authority.
As part of efforts to strengthen the fight against praedial larceny, the Ministry of Agriculture, Fisheries and Mining is rolling out a series of measures to enhance animal identification and traceability. Portfolio Minister, Hon
Industry, Investment and Commerce Minister, Senator the Hon. Aubyn Hill, is encouraging entrepreneurs to utilise the services offered by government agencies, when starting a business
The St. James Municipal Corporation has signed deals with FSC Construction Limited to rehabilitate Harbour Circle and improve St. James Street sidewalks under the MoBay Step-Up Programme.
Customers view a Chinese-brand electric car in Jakarta, Indonesia, June 2, 2026. (Xinhua/Cen Yunpeng) For Chinese car buyers, new energy vehicles (NEV) are fast becoming the mainstream choice, with their market share climbing month by month, a momentum that is not only redefining the world’s largest auto market but also reshaping the global auto landscape
