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  • QUANTAS Advantage Inc IPO oversubscribed

    QUANTAS Advantage Inc IPO oversubscribed

    KINGSTON, JAMAICA – In a strong vote of confidence from regional capital markets, Barbados-based investment firm Quantas Advantage Inc. has seen its initial public offering dramatically oversubscribed, drawing in more than J$2.38 billion in total investor subscriptions, far exceeding the company’s original fundraising target.

    The investment company had set an initial fundraising range of between US$9.38 million and US$15.47 million, equal to J$1.52 billion to J$2.5 billion, with a one-month subscription window for retail and institutional investors. When the offering period closed, official data from the company’s public release showed overwhelming uptake: 97% of the 134,058,691 ordinary shares made available were claimed, with a total of 2,204 individual applications submitted across the region.

    Thanks to the adjusted upsized offering structure put in place to accommodate the unexpected investor demand, every participating investor will receive 100% of the shares they requested in their applications, with no pro-rating required for smaller or retail applicants.

    Looking ahead, Quantas Advantage is now preparing the next step in its public market expansion: the firm has confirmed it will formally submit an application to the Jamaica Stock Exchange’s Listing Committee to secure a dual cross-listing for both its Jamaican-dollar (JMD) and United States-dollar (USD) denominated ordinary shares.

    The public offering price for each share was set at US$0.12, which equals J$19.3941 per unit. Two major Jamaican financial services firms have weighed in with analyst recommendations for the offering. Sagicor Investments Jamaica Limited encouraged investor participation, setting a 12-month price target of US$0.135 per share, or J$21.82. Independent analysis from JMMB Securities Limited set a wider price target range between US$0.1423 and US$0.1593 per share, issuing a “market perform” rating for general public investors and an “outperform” rating for the offering’s anchor investors.

  • Donovon Samuels appointed minority leader of KSAMC

    Donovon Samuels appointed minority leader of KSAMC

    In a recent political development in Kingston, Jamaica, Donovan Samuels, the sitting councillor for the Tivoli Gardens Division, has secured the position of minority leader at the Kingston and St Andrew Municipal Corporation (KSAMC).

    Following the official appointment announcement, Andrew Swaby, who holds dual roles as Mayor of Kingston and Chairman of KSAMC, issued a public message of congratulations to the new minority leader, underscoring his commitment to collaborative governance across party lines. Swaby made clear he is ready to work constructively alongside Samuels throughout his tenure.

    In his first public remarks since taking on the new role, Samuels outlined his core guiding principles for his leadership. He emphasized that his primary goal is to fulfill the responsibility of the minority bloc by applying appropriate checks and pressure on the governing side of the municipal corporation, while rejecting outright confrontation for its own sake.

    “It is not my intention to be antagonistic in this working relationship,” Samuels stated. “At the end of the day, the only people we want to see benefit are the communities we are elected to serve.”

    Samuels also acknowledged the inherently competitive nature of municipal legislative work, noting that policy disagreements and spirited debate are unavoidable parts of the process. Even when sides clash on key issues, he stressed, the minority caucus will prioritize respectful discourse, focusing on articulating clear, well-reasoned positions to shape policy outcomes rather than engaging in personal conflict or disrespect toward fellow councillors.

  • PNP calls for transparency in NMIA incident involving Venezuelan airline

    PNP calls for transparency in NMIA incident involving Venezuelan airline

    KINGSTON, Jamaica — A diverted Venezuelan commercial flight that made an emergency landing at Jamaica’s Norman Manley International Airport has sparked a political debate, with the country’s main opposition party pushing the governing administration for urgent, transparent answers over the alleged mistreatment of passengers and crew.

    The incident centers on a flight operated by Venezuela’s state-owned carrier, the Venezuelan Consortium of Aeronautical Industries and Air Services, S.A. (Conviasa), which was traveling between Cancún, Mexico and Venezuela’s Maiquetía International Airport. According to a sharply critical public statement released by the airline, unforeseen operational issues forced the aircraft to divert to Jamaica for an unscheduled stop. In the aftermath, Conviasa claims passengers and crew were forced to remain stranded on the airport tarmac for approximately eight hours.

    The airline issued a forceful rebuke of Jamaican authorities, saying local officials failed to meet even basic standards of passenger assistance, dignified treatment, and operational support, turning an already unexpected diversion into an unnecessarily stressful ordeal for everyone on board.

    For its part, Jamaica’s Minister of Transport Daryl Vaz told local newspaper The Gleaner that initial information he received indicated the aircraft stopped primarily to refuel, adding that he is still waiting for a complete official report on the full sequence of events.

    Senator Donna Scott-Mottley, the Opposition People’s National Party’s spokesperson on foreign and regional affairs, says the party has reviewed all public claims from Conviasa closely, and the emerging details raise serious red flags that the Jamaican government must address immediately and openly. She emphasized that published reports of hours-long delays, inconsistent communication around refueling arrangements, and questionable conditions for stranded passengers cannot go without public explanation.

    Scott-Mottley pointed out that Jamaica is a full member of the International Civil Aviation Organization (ICAO) and a signatory to the Chicago Convention, a foundational international treaty that sets out clear binding obligations for signatory states. Among these requirements are mandates to prioritize safe landing for aircraft facing emergencies, provide expedited handling, and deliver timely, non-discriminatory assistance to all passengers and crew, regardless of the carrier’s origin.

    These global rules, the senator stressed, are not voluntary guidelines. They are binding commitments that protect global aviation safety as a whole and sustain Jamaica’s global standing as a reliable, responsible international partner in the aviation sector.

    In response to the incident, the opposition has laid out four clear demands for the governing administration. First, it is calling for a complete, publicly released timeline of all events, including a clear accounting of which government agencies and officials held decision-making authority over ground handling and refueling arrangements. Second, it wants full clarification of existing government policies and standard operating protocols for handling diverted aircraft, particularly those involving emergency scenarios. Third, it is calling for a full review of passenger care protocols to confirm Jamaica’s domestic standards align with global expectations. Finally, it demands immediate action to improve coordination between different government agencies, including clearer chains of command when handling aviation incidents that carry legal or diplomatic sensitivity.

    “Jamaica’s international reputation has been built on two core pillars: full compliance with international law, and the commitment to extend humane, dignified treatment to every person who enters our borders,” Scott-Mottley said. “That is why it is absolutely essential that this matter be handled with full seriousness and clear accountability.”

    She called on the government to share a clear, timely account of what happened with both the Jamaican public and the international community, while implementing all necessary reforms to prevent similar incidents from occurring in the future.

  • Dominican national ID named best identity document in Latin America

    Dominican national ID named best identity document in Latin America

    The Dominican Republic’s cutting-edge combined national identity and voter registration card has earned the prestigious title of Best Identity Document 2026, awarded at the High Security Printing Latin America Forum — a premier regional gathering that brings together industry leaders to advance innovations in document security, digital identity infrastructure, and cutting-edge authentication technologies.

    The top honor was awarded to the Dominican Central Electoral Board (JCE by its Spanish acronym), after the national ID entry outperformed competing submissions from Costa Rica and Argentina to claim the award. The recognition serves as a clear marker of the Dominican Republic’s meaningful progress in public-sector digital transformation and secure, inclusive identity management, with judges evaluating entries across five core criteria: technological innovation, multilayered document security, end-to-end operational efficiency, alignment with global international standards, and overall user experience for citizens.

    Román Andrés Jáquez Liranzo, president of the JCE, emphasized that the award confirms the new Dominican identification card stands among the most advanced official identity documents across Latin America. He formally dedicated the international distinction to the people of the Dominican Republic, and highlighted the critical contributions of both the JCE’s Directorate of Identification and the Emdoc Consortium, the public-private partnership tasked with developing and delivering the groundbreaking new ID project.

    The Emdoc Consortium, which led the design and manufacturing of the new identity card, brings together five specialized global and local firms: GSI Internacional, Muhlbauer ID Services, Veridos, Ultra Tech, and IQtek Solutions. Notably, IQtek Solutions is the only Dominican-owned company in the consortium, marking a key milestone for local technology capacity, as it contributed on-the-ground national expertise and homegrown technological capabilities to one of the Dominican Republic’s most ambitious public-sector modernization initiatives in recent decades.

    The award-winning identity document integrates over 100 distinct security features spanning three layers: visual, covert, and forensic verification. Manufactured from rugged, long-lasting polycarbonate, the card has a projected 25-year lifespan, and incorporates a suite of modern security tools: a tamper-resistant laser-engraved portrait, a contactless electronic chip for digital verification, a standardized Machine Readable Zone (MRZ), and a unique Card Access Number (CAN). All components were specifically engineered to strengthen identity verification protocols and dramatically reduce the risk of identity fraud and document forgery.

    Beyond the technological innovations built into the card itself, the international award also spotlights the massive scale of the Dominican Republic’s ongoing national identity renewal program. Per JCE updates, the institution is rolling out the renewal process simultaneously across the Dominican Republic and for citizens living overseas, reaching Dominican communities in approximately 35 countries across the globe. Program officials characterize the effort as one of the most ambitious national identity modernization initiatives currently underway in the Latin American region.

    For industry and government observers, the international honor cements the Dominican Republic’s emerging role as a growing leader in digital identity infrastructure, high-security document production, and public-sector innovation. It also serves as a global showcase for the capabilities of Dominican technology firms, which are increasingly contributing to large-scale projects that carry both regional and international influence.

  • U.S. Coast Guard repatriates 32 migrants to Dominican Republic

    U.S. Coast Guard repatriates 32 migrants to Dominican Republic

    A U.S. Coast Guard interdiction operation off the coast of Puerto Rico has ended with 32 migrants repatriated to the Dominican Republic, following the interception of an overloaded makeshift craft carrying 40 undocumented people. The incident unfolded in waters near Desecheo Island, a small uninhabited landmass located just west of Puerto Rico’s main island.

    The operation was triggered when a surveillance aircraft operated by U.S. Customs and Border Protection spotted the suspicious vessel, which measured between 20 and 30 feet in length and was carrying a far larger number of passengers than it was designed to hold. Acting on the intelligence, the Coast Guard cutter Heriberto Hernandez intercepted the unregistered boat on Sunday, and all 40 people aboard were taken into custody without incident.

    A demographic breakdown of the passengers released by U.S. authorities shows the group included 36 citizens of the Dominican Republic, three Haitian nationals, and one individual from Uzbekistan. Under the agency’s ongoing regional framework to reduce dangerous irregular migration across Caribbean waters, 32 of the migrants were transferred for repatriation back to Dominican territory.

    Coast Guard leaders emphasized that the successful operation is a clear demonstration of effective interagency coordination between frontline maritime security units and the Department of Homeland Security’s dedicated task force for regional migration enforcement. Commander Matthew Romano, response chief for the Coast Guard’s Sector San Juan, commended the disciplined, professional work of all crews involved in disrupting the unlawful sea migration attempt, noting that such operations also reduce the risk of life-threatening harm to migrants attempting dangerous ocean crossings.

  • US consumer inflation hits fresh three-year high in May

    US consumer inflation hits fresh three-year high in May

    Fresh official government data released Wednesday confirms that United States consumer inflation has climbed to its highest level in three years, driven by skyrocketing energy costs that are rippling across the world’s largest economy, according to data from the US Bureau of Labor Statistics.

    The headline consumer price index, the key benchmark for measuring changes in consumer goods and service costs, rose 4.2% year-over-year in May, an acceleration from April’s 3.8% increase. This marks the steepest annual inflation rate recorded since April 2023, and the reading aligned perfectly with projections from economic analysts.

    The root of the current energy price shock traces back to the US-Israel military campaign against Iran launched in late February. In response to the offensive, Tehran effectively shut down the Strait of Hormuz, the critical global chokepoint that facilitates the transit of roughly one-fifth of the world’s daily oil and natural gas supplies. The closure has upended global energy markets, sending fuel and energy costs soaring across the United States.

    May’s inflation breakdown underscores the scope of the energy crunch: energy prices jumped 23.5% year-over-year, with retail gasoline prices surging a staggering 40.5% annually. Grocery costs have also continued their upward climb, marking the second consecutive month of significant gains with a 2.7% annual increase. Even core inflation, which strips out the volatile food and energy sectors to give a clearer picture of long-term price trends, ticked up to 2.9% from 2.8% in April.

    For American households, this acceleration adds to years of persistent, higher-than-expected inflation that has stretched household budgets since the aftermath of the COVID-19 pandemic. High prices have also become a defining political issue as the country approaches November’s midterm congressional elections. US President Donald Trump has sought to reassure the public, arguing the current price shock will be short-lived and that a peace agreement to resolve the Middle East conflict will be finalized in the near future. But Trump’s Republican Party, which is fighting to retain control of both chambers of Congress, faces growing headwinds as soaring costs erode voter satisfaction.

    The hotter-than-target inflation reading also puts increased pressure on the US Federal Reserve, which has a long-term 2% annual inflation target. The central bank’s rate-setting Federal Open Market Committee is scheduled to hold its policy meeting next week to adjust benchmark interest rates. While markets broadly expect policymakers to hold rates steady at the upcoming gathering, investors are now pricing in multiple interest rate hikes before the end of the year — a shift that has already spooked equity market participants, who fear higher borrowing costs will drag on corporate profits and economic growth.

  • Fi We Children mourns passing of 13-year-old Kemelia Paul

    Fi We Children mourns passing of 13-year-old Kemelia Paul

    KINGSTON, Jamaica — A wave of grief has swept across Jamaica following confirmation that 13-year-old Kemelia Paul, a student at Excelsior High School, has died from injuries she sustained when she was stabbed while intervening to stop a fight at her Harbour View, St Andrew residence, according to the Fi We Children Foundation (FWCF), a local child welfare organization.

    The young teen’s medical journey captured widespread public attention across the island nation. After the stabbing, Kemelia was left in a coma and briefly regained consciousness before passing away on Tuesday, multiple official reports confirm.

    In an official statement released this week, the FWCF shared its profound sorrow over the tragedy, extending heartfelt condolences to Paul’s parents, extended family, close friends, classmates, teachers, and the entire Excelsior High School community as they navigate this devastating loss.

    The child advocacy organization has formally called on the Ministry of Education’s Region One Guidance and Counselling Department to immediately deploy trained grief counselors to the campus. These counselors will be tasked with providing targeted emotional and psychological support to any students or staff members struggling to process the shock of the violent, untimely death.

    In a stark rebuke of the circumstances surrounding Paul’s death, the FWCF stressed that no child should ever lose their life for simply trying to de-escalate a conflict. The foundation emphasized that the heartbreaking incident underscores a long-unaddressed urgent need: Jamaica must expand evidence-based conflict resolution education and scale up evidence-backed violence prevention programming across the country’s schools and communities.

    Tackling rising youth and community violence cannot be solved by a single sector, the organization noted. Meaningful, long-term change requires coordinated, cross-sector collaboration between households, educational institutions, civil society groups, government agencies, and local community stakeholders to address root causes and prevent similar tragedies in the future.

    As the community processes this loss, the FWCF also reminded Jamaican students and young people that free, accessible mental health support is available to anyone struggling. Individuals coping with grief, emotional distress, or even those just seeking someone to talk to can reach the U-Matter support service by texting the word “SUPPORT” to 876-838-4897 to connect with trained mental health providers.

    To close its statement, the FWCF reaffirmed its long-standing commitment to advocating for the safety, holistic well-being, and protection of all Jamaican children and young people. The organization says it will continue to back initiatives that build skills for peaceful conflict resolution and work toward creating safer, more inclusive communities for all residents across the island.

  • Florida court sentences Abaco man to five years for drug smuggling

    Florida court sentences Abaco man to five years for drug smuggling

    A 52-year-old man from Abaco, The Bahamas, has received a federal prison sentence of five years and four months in a U.S. court following his guilty plea in a major cross-border smuggling conspiracy that moved hundreds of kilograms of cocaine and dozens of undocumented migrants from The Bahamas to Florida. Ivan Curry, one of five co-defendants connected to the 2023 interception of three smuggling vessels, was also ordered to serve five years of supervised release after completing his prison term, according to federal court records.

    Curry’s sentencing on Monday marked one of several completed sentencings for the group, whose operation was uncovered through months of covert surveillance by U.S. law enforcement. The case traces back to September 2023, when authorities intercepted three high-speed “go-fast” boats carrying 168 kilograms of cocaine and 31 Chinese nationals en route to Florida. All five defendants arrested in the operation have since pleaded guilty to federal charges, with sentencings wrapping up this week.

    Malik Delancy, Curry’s co-accused, received a four-year and three-month prison term for his role in the conspiracy. Both men pleaded guilty to a single count of conspiracy to import a controlled substance, with all additional charges against them dismissed as part of their negotiated plea agreements. The third defendant, Teshawn Curry, who was convicted of acting as a law enforcement lookout during the smuggling run, was sentenced to three years and seven months in prison. During questioning by investigators, Teshawn Curry admitted he had filled the same lookout role for four separate successful smuggling ventures in the six months preceding his arrest, adding that he never received the payment he was promised for his participation.

    When the vessels were intercepted, Ivan Curry, Delancy, Fiero Cooper, Jeremiah Russell and Darren Sears were all taken into custody aboard separate boats. All five have since entered guilty pleas, with Cooper, Russell, and Sears awaiting their final sentencings scheduled for Tuesday. According to court filings, the entire smuggling ring was monitored for months by U.S. authorities, who tracked the three vessels across several days of an intelligence operation before moving in to make arrests.

    Ivan Curry, who captained the third smuggling boat, openly admitted to investigators that he knew he was transporting both cocaine and undocumented migrants, explaining that drugs were typically concealed in coolers for the journey. Delancy and Cooper made similar admissions of full knowledge of the cargo, while Russell and Sears acknowledged only that they were aware they were transporting migrants.

    A search of Russell’s cell phone uncovered a incriminating text exchange with a female dispatch coordinator based in Broward County, Florida. In the messages, Russell wrote that he was making a run to The Bahamas, expected to return by 8 p.m., and claimed the job would resolve all his financial troubles. He referenced the trip in coded language, writing, “we’re about to take them boys to the South Pole,” adding that the operation required large amounts of fuel, and he would be able to settle outstanding debts once the trip was completed.

    Similarly, a search of Sears’ phone revealed messages referencing “bricks,” a common slang term for cocaine, stored in a backpack. The messages also showed Sears expressed distrust of Ivan Curry and voiced concern that he would not receive payment for his role in the operation.

    Prior to Ivan Curry’s sentencing, he faced a mandatory minimum sentence of 10 years in prison and a maximum possible sentence of life imprisonment. However, federal prosecutors agreed to recommend a three-level sentence reduction after Curry accepted the plea deal and avoided a lengthy trial, saving court time and resources.

    In an unusual move, prominent Abaco community leader Bishop Silbert Mills, a journalist, former chief councillor, lay magistrate and doctorate holder, submitted a letter to the court asking for leniency for Curry, whom he has known for more than 30 years. Mills shared that he once faced a similar legal situation in his own past 44 years prior, when a U.S. congressman spoke on his behalf and gave him a chance to reform. He highlighted that Curry had participated in post-Hurricane Dorian cleanup efforts in Abaco, was a dedicated family man, local businessman and active community member, and regularly played music for church worship services. Mills wrote that he believed Curry could rehabilitate if given the opportunity, and asked the court for mercy in sentencing.

    With four of the five defendants already sentenced, the final sentencings for the remaining two co-defendants are scheduled to take place on Tuesday.

  • Officers in Azario Major killing will be tried in judge-alone trial

    Officers in Azario Major killing will be tried in judge-alone trial

    Nearly three and a half years after a coroner’s jury ruled 31-year-old Azario Major was unlawfully killed by law enforcement, three police officers charged in his death will face a judge-only trial starting September 14. The high-profile case, which has already been marred by repeated delays and public outcry, took another procedural turn this week as Justice Guillimina Archer-Minns formally set the new trial date for Sergeant Antonio Sweeting (badge number 2825), Sergeant Jamal Johnson (badge number 3039), and Sergeant Deangelo Rolle (badge number 3726). The trial was originally slated to kick off last week, but it was rescheduled to accommodate the defense’s long-held request for a bench trial, rather than one decided by a jury.

    The fatal incident dates back to December 26, 2021, when Major was shot and killed inside his vehicle parked outside a local bar on Fire Trail Road. Since that day, Major’s family has waged a sustained public campaign for accountability, repeatedly speaking out against lengthy procedural delays and emphasizing that they have yet to see justice delivered for their loved one more than three years after his death.

    Defense counsel Keevon Maynard argued on behalf of the three officers that a trial overseen solely by a judge would deliver a fairer outcome for his clients. Maynard explained that a judge would center the proceedings strictly on applicable law and verified evidence, insulating the decision from the widespread public attention and emotional pressure that have surrounded the case since the shooting. This request builds on prior legal challenges to the original Coroner’s Court inquest process. During that inquest, the officers contended that the intense saturation of media and public commentary around Major’s death created unfair prejudice that biased the jury toward its unlawful killing finding.

    That challenge to the coroner’s verdict ultimately reached Justice Franklyn Williams, who issued a ruling on the matter in March 2024. Justice Williams declined to throw out the Coroner’s Court’s original finding, but he acknowledged that the widespread public discourse around the case—including organized social media campaigns, news commentary, media interviews, a dedicated advocacy website, and a podcast focused on Major’s death—created significant public pressure. Multiple voices in these spaces repeatedly called for the immediate indictment of the three officers, which Justice Williams noted could have impacted the jury’s final decision. Even so, the justice ruled that the challenge to the verdict was not properly framed for the application brought by the defense. He also rejected a separate complaint that the Coroner’s Court mishandled a constitutional challenge the officers filed during the inquest, noting that the officers had failed to exhaust all available legal remedies before bringing their request to set aside the verdict.

  • Five Americans arrested after brawl injures four officers

    Five Americans arrested after brawl injures four officers

    A violent incident involving five U.S. cruise passengers has left four Bahamian police officers injured and the American citizens in police custody, following a public brawl that spilled over into Nassau’s Tourism Police Station earlier this week. Local law enforcement confirmed that the confrontation first erupted at the Nassau Cruise Port just after 4:45 p.m. on Monday, when a dispute between multiple cruise passengers erupted into open fighting.

    Officers from the Tourism Police were dispatched to break up the altercation, and with backup from additional units, they ultimately took three women and two men — all American nationals — into custody. Footage captured by onlookers at the port shows widespread chaos during the initial clash: women can be seen trading blows, bystanders shove one another, and port staff scramble to separate the warring groups before police arrive.

    What began as a public fight, however, escalated further when the group was taken to the Tourism Police Station for processing. As officers prepared to conduct search procedures on the five detainees, the suspects launched a coordinated violent resistance against law enforcement. According to official police accounts, the group engaged in a brutal physical struggle with responding officers. One female suspect was accused of throwing a heavy chair through a glass station door, completely shattering the panel, while one male suspect followed up by kicking out the remaining shards of glass in an apparent attempt to escape custody.

    Onlooker video confirms this sequence of events: the footage shows a young man wearing a white T-shirt, blue shorts and bright blue socks kicking through the damaged glass door. A bystander in a red shirt and beige pants stepped in to subdue the suspect as an officer exited the building, and the pair held the young man against an exterior flagpole before police led him back into the station. Broken glass was left scattered across the entranceway, and a crowd of onlookers soon gathered outside the station to observe the aftermath.

    Additional police resources were called in to bring the situation back under control. Both the five suspects and responding officers suffered injuries as a result of the clashes. The five Americans sustained only minor wounds during the initial port fight, and they were evaluated and treated on site by Emergency Medical Services personnel before being taken into custody. Four officers were not as fortunate: two were beaten during the struggle, one suffered a cut to the mouth, and a fourth sustained a severe injury to his left shoulder that required emergency transport to a local hospital by ambulance. As of last night, authorities had not released an update on the injured officer’s condition.

    The five detainees now face a slate of criminal charges that include assaulting a police officer, public fighting, resisting arrest, intentional property damage, and disorderly conduct inside a police facility. Complicating the initial investigation process, law enforcement officials confirmed that witnesses and alleged victims from the initial port brawl have not yet been able to provide formal statements. Their cruise ship was scheduled to depart Nassau on a fixed timeline, preventing them from giving official testimony before the vessel left port.