标签: Jamaica

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  • Safe Passage releases eight of nine marlin in 62nd Port Antonio tournament

    Safe Passage releases eight of nine marlin in 62nd Port Antonio tournament

    PORT ANTONIO, Jamaica — The 62nd annual Port Antonio International Blue Marlin Tournament witnessed a commanding performance from team Safe Passage on its second day of competition. Fishing from the Ole Marina, the team successfully released five blue marlin into the ocean, significantly bolstering their standing in the prestigious tournament. This impressive feat brings their two-day cumulative total to eight released marlin, positioning them as the clear frontrunner for the championship title.

    Angler Christopher Berry emerged as a standout individual performer, accounting for two of the day’s releases. His successful efforts elevated his personal tally to three marlin, securing his position as the tournament’s leading angler. The remaining three marlin were credited to the skilled efforts of his teammates Samuel Millington, Conrad Berry, and Isaiah Aleong, demonstrating the team’s collective proficiency.

    With the conclusion of the second day, the tournament’s overall count stands at nine marlin successfully released back into their habitat, underscoring the event’s commitment to conservation alongside sport. The competition is now poised for a dramatic finale on Saturday. Fishing operations are scheduled to commence at 7:00 AM local time and conclude at 4:00 PM. The tournament will officially culminate with a prize-giving ceremony set for 7:00 PM.

    Barring a significant shift in fortunes on the final day, Safe Passage appears to be on an unstoppable trajectory to claim the victor’s title in this historic 62nd edition of the tournament, cementing their legacy in one of the Caribbean’s most celebrated game fishing events.

  • Pathway to Capital

    Pathway to Capital

    Jamaica’s micro and small enterprises are poised to gain unprecedented access to equity financing through a groundbreaking micro market initiative within the Jamaica Stock Exchange (JSE), with Finance Minister Fayval Williams confirming a targeted launch for the second quarter of 2026.

    During her keynote address at the Jamaica Stock Exchange’s Regional Investments and Capital Markets Conference in Kingston, Minister Williams revealed that preparatory work has reached an advanced stage, marking a significant milestone in the country’s financial infrastructure development.

    The innovative micro market will function as a specialized second tier within the existing Junior Market framework, specifically designed to accommodate earlier-stage businesses. Unlike traditional lending systems that often exclude micro enterprises due to stringent collateral requirements, this new platform will enable qualified small businesses to raise capital through equity financing while benefiting from the JSE’s established infrastructure, governance standards, and regulatory oversight.

    Minister Williams emphasized that the initiative represents a strategic extension of Jamaica’s capital markets rather than a dilution of listing requirements. “The success of the Junior Market provides strong empirical justification for extending this model downward,” she stated, referencing the proven track record of the existing framework that has served growing companies across multiple sectors for over 16 years.

    The development addresses a critical gap in Jamaica’s financial ecosystem, where micro and small enterprises constitute the majority of businesses and significant employment contributors yet face persistent challenges in accessing affordable capital. Traditional bank lending remains largely inaccessible due to collateral constraints, while informal financing options often impose growth limitations and cash flow pressures.

    A multi-stakeholder steering committee, established in June 2025 and led by the Jamaica Stock Exchange, has been coordinating technical, regulatory, and policy preparations across public and private sectors. The committee has already identified over 200 prospective micro and small businesses as potential candidates, with projections suggesting 25 companies could list within the first two years of operation.

    Capacity-building initiatives will form a central component of the rollout strategy, focusing on preparing investment-ready businesses rather than rushing unprepared companies to market. The approach aligns with the government’s broader strategy to mobilize domestic savings—particularly from pension and insurance funds managing approximately $1.2 trillion in assets—into productive, growth-enhancing investments while maintaining fiscal discipline and market integrity.

  • Kintyre weighs options for Bengal Beach development after securing full approvals

    Kintyre weighs options for Bengal Beach development after securing full approvals

    Jamaican investment firm Kintyre Holdings (JA) Limited has achieved a significant milestone with its premier residential project, The Chalet, located in Bengal Beach, Discovery Bay, St. Ann. The development has received comprehensive regulatory authorization from all necessary bodies, including the National Environment and Planning Agency (NEPA) and the St. Ann Municipal Corporation, clearing the path for construction commencement.

    Originally permitted in 2022 for an eight-unit complex, the project scope has been substantially expanded to 26 luxury residences following successful capital raising efforts. The newly approved design comprises 16 one-bedroom and 10 two-bedroom units, strategically positioned to leverage the site’s natural coastal advantages. The development promises exclusive beach access, sweeping ocean vistas, and premium amenities including a swimming pool, fitness center, and dedicated co-working spaces tailored for remote professionals.

    With complete infrastructure already in place, the project advances to its foundational phase. Kintyre estimates total development costs at approximately J$900 million (US$5.8 million). The company is currently evaluating two strategic options: an outright sale of the fully-approved project package including all documentation and permits, or forming a partnership to secure construction financing and oversee project delivery.

    Leadership changes accompany this development phase, with Tyrone Wilson assuming additional executive roles as Chairman and CEO of both Kintyre Holdings and Parallel Real Estate Ventures Limited, while also serving as chief investment officer to optimize capital allocation across the portfolio. Wilson emphasized real estate’s role as a foundational element for creating durable value and supporting Jamaica’s economic growth through world-class assets that meet both local and international standards.

    The company acknowledged contributions from architectural firm StudiOH Core, project manager Randy Mattis, and other key partners in achieving this regulatory milestone.

  • Triple jumper Foreman sets world lead in South Carolina

    Triple jumper Foreman sets world lead in South Carolina

    Jamaican track and field athlete Shantae Foreman delivered a spectacular performance at the Orange and Purple Invitational held at Clemson University in South Carolina on Friday, achieving a world-leading triple jump of 14.17 meters. This remarkable distance not only set a new Clemson University program record but also represents the current top mark in both global and NCAA indoor rankings for the season.

    Foreman accomplished this feat on her sole attempt of the competition, surpassing her previous personal best of 13.84 meters established last year. Her jump also broke the previous Clemson record of 13.85 meters set by Portugal’s Patricia Mamona in 2010. The performance stands as the second-best indoor triple jump ever by a Jamaican athlete, trailing only Suzette Lee’s national record of 14.25 meters set in Indianapolis in March 1997.

    The achievement eclipsed the previous world lead of 13.87 meters set by France’s Clemence Rougier at a meet in Limoges, France on January 17th.

    Other notable performances at the Clemson meet included Briana Campbell winning the women’s 200m in 23.33 seconds after twice improving her personal best in the 60m hurdles. Natoya Goule opened her season with a victory in the women’s 1000m, clocking 2:43.70 minutes.

    Meanwhile, at the Louisiana State University Bayou Bengal Indoor meet, Salieci Myles of LSU claimed victory in the women’s 60m hurdles with a time of 8.34 seconds, while Skyler Franklin achieved a personal best of 24.17 seconds to win the women’s 200m event.

  • The beat goes on!

    The beat goes on!

    Jamaica is channeling the healing power of reggae music to fuel national recovery efforts following Hurricane Melissa’s catastrophic impact. The island nation has officially launched its 2026 Reggae Month celebrations under the thematic banner ‘Rhythms of Resilience,’ transforming the cultural observance into a symbol of post-disaster restoration.

    The February observance, which honors reggae’s profound influence on Jamaica’s social, cultural, and economic development, takes on heightened significance this year as communities continue rebuilding from November’s devastating storm. At Wednesday’s launch event hosted at J Wray & Nephew headquarters, government officials and music industry leaders united in emphasizing reggae’s therapeutic role during challenging times.

    Culture and Entertainment Minister Olivia ‘Babsy’ Grange addressed attendees with an impassioned plea for heightened participation. ‘We enter Reggae Month at a time when half the country is rebuilding from devastating hurricane damage, and we face so much trouble in the world,’ Minister Grange stated. ‘Our reggae music is therapy. We turn to this music in good and bad times; the rhythm and lyrics provide relief and inspiration.’

    The minister highlighted several significant anniversaries coinciding with the 2026 celebrations: eight years since UNESCO’s official inscription of reggae music, ten years since Kingston’s designation as a UNESCO Creative City, and seventeen years since the Governor General’s proclamation of Reggae Month.

    Tourism Enhancement Fund Director Carey Wallace echoed the minister’s sentiments, noting that reggae music served as a critical source of hope during the grim aftermath of Hurricane Melissa. ‘We’ve been hit by Hurricane Melissa, but this is Jamaica; we will rebound and shine brighter,’ Wallace declared. ‘When we support Reggae Month, we’re supporting the story of Jamaican resilience that we want to replace the story of devastation.’

    J Wray & Nephew Managing Director Daniel Caron emphasized his company’s continued investment in the celebrations, stating: ‘This year’s celebrations are about coming back and coming back stronger. We want to keep the culture alive, the spirit alive, and with that we will always have resilience.’

    The 2026 Reggae Month calendar features an expansive lineup of more than 60 registered events, including Dennis Brown’s birthday celebrations (February 1), Bob Marley’s birthday festivities at Emancipation Park (February 6), the Wickie Wackie Music Festival (commencing February 12), Dancehall Week (February 22-March), and weekly programming organized by JaRIA and JCDC symposiums.

  • Gold nears US$5,000, silver shines as stocks slip on turbulent week

    Gold nears US$5,000, silver shines as stocks slip on turbulent week

    Financial markets concluded a week of heightened volatility with a cautious stance as precious metals soared to unprecedented levels. This trend emerged amidst ongoing uncertainty fueled by U.S. President Donald Trump’s unpredictable trade policies and diplomatic maneuvers, including his abandoned proposition to acquire Greenland and renewed tariff threats against European allies.

    Gold, traditionally viewed as a secure investment during economic turbulence, approached the landmark threshold of $5,000 per ounce. Simultaneously, silver surpassed $101 per ounce, reflecting investor apprehension regarding potential market disruptions. Dan Coatsworth, Head of Markets at AJ Bell, noted that investors remained hesitant to relinquish their safety investments, wary that President Trump might introduce additional controversial measures.

    The week’s tensions partially subsided after the White House retracted its threat to impose tariffs on several European nations that opposed the Greenland acquisition concept. Nevertheless, market sentiment remained fragile as analysts questioned the durability of improved U.S.-Europe relations.

    European equity markets struggled for direction, with London’s FTSE 100 and Paris’s CAC 40 closing marginally lower while Frankfurt’s DAX posted minimal gains. Across the Atlantic, Wall Street presented a mixed performance: the Dow Jones Industrial Average declined by 0.6%, whereas the S&P 500 and technology-focused Nasdaq Composite recorded slight advances. Intel Corporation experienced a dramatic 16% plunge following disappointing earnings projections.

    Market participants now turn their attention to next week’s Federal Reserve meeting, where officials are anticipated to maintain current interest rates following three consecutive reductions. This meeting occurs against a backdrop of heightened scrutiny regarding the central bank’s independence, particularly as U.S. prosecutors have targeted Chair Jerome Powell. President Trump is simultaneously evaluating potential candidates to assume leadership when Powell’s term concludes in May.

    The Bank of Japan maintained its key interest rate unchanged ahead of the country’s snap election, which could significantly influence future government expenditure strategies. Following initial volatility, the yen stabilized with modest gains.

    Investors worldwide are preparing for a crucial earnings week featuring reports from industry titans including Apple, Microsoft, Boeing, Tesla, and Meta. These financial disclosures are expected to provide critical insights into corporate resilience amid ongoing trade uncertainties and fluctuating market conditions.

  • Justice minister calls on JPs to play a more active role in land administration

    Justice minister calls on JPs to play a more active role in land administration

    KINGSTON, Jamaica — In a strategic move to address post-hurricane recovery challenges, Justice Minister Delroy Chuck has called upon justices of the peace (JPs) to assume an expanded role in land administration and titling processes. The initiative was launched during a virtual training session convened by the Ministry of Justice and Constitutional Affairs on Thursday.

    Minister Chuck emphasized the critical timing of these capacity-building sessions, noting that Hurricane Melissa’s widespread devastation months earlier had created urgent land-related complications. “As we reconstruct communities and restore livelihoods, clear and secure land ownership will be fundamental,” Chuck stated. He identified property titles, boundary demarcations, succession issues, and documentation gaps as particularly pressing concerns during rebuilding operations.

    The Justice Minister highlighted the unique position JPs occupy as primary contacts for citizens requiring affidavits, statutory declarations, and document authentication services. Through coordinated efforts with the National Land Agency (NLA) and strict adherence to established protocols, JPs are expected to streamline procedures, mitigate fraudulent activities, and prevent documentation barriers from excluding vulnerable populations from recovery programs.

    Echoing these sentiments, State Minister Marisa Dalrymple-Philibert reaffirmed that land titling constitutes a paramount national priority for the administration. She elaborated on the transformative potential of secure land tenure, explaining that legally recognized ownership not only provides familial security and legal safeguards but also enables economic advancement through investment opportunities, credit access, and intergenerational wealth building.

    The state minister concurrently addressed systemic vulnerabilities, noting that persistent land disputes and fraudulent practices continue to undermine Jamaica’s land management framework. She urged JPs to enhance their expertise in land titling protocols to better educate and guide community members.

    The sensitization session featured comprehensive technical guidance from the NLA, delivering practical methodologies and service delivery best practices designed to augment JP capabilities in land administration matters.

  • CONVICT cries

    CONVICT cries

    In a dramatic courtroom conclusion, Jamaican Constable Noel Maitland was convicted on Thursday for the murder and unlawful burial of his 24-year-old girlfriend, Donna-Lee Donaldson, who vanished in July 2022. The seven-member jury’s verdict triggered an emotional collapse from the convicted officer, who wiped away streaming tears with a handkerchief as the reality of his conviction settled upon him.

    Initially maintaining composure in the dock, Maitland eventually bowed his head beneath the weight of the courtroom’s gaze. Trial Judge Leighton Pusey formally delivered the verdict to the visibly distressed defendant, whose scowling expression and knitted eyebrows betrayed his inner turmoil. As officers prepared to handcuff him, Maitland’s emotional control shattered completely with loud, audible sobs.

    Despite his emotional display, Maitland maintained his innocence through legal representatives. Defense attorney Christopher Townsend informed journalists that his client was ‘teary-eyed’ because ‘he knows he is innocent,’ indicating plans to pursue justice through the Court of Appeal. Townsend expressed surprise at the circumstantial evidence-based verdict, noting the jury’s relatively brief deliberation period of three and a half hours following a short summation.

    The prosecution team, led by Director of Public Prosecutions Claudette Thompson, received the verdict with solemnity rather than celebration. Thompson explicitly rejected congratulatory messages, explaining that the conviction served as painful confirmation that Donaldson was truly gone. ‘There is no rejoicing, there is no happy, because Donna-Lee is dead,’ Thompson stated, emphasizing the tragedy of a mother losing her daughter rather than any prosecutorial victory.

    The case centered on Donaldson’s disappearance from the Chelsea Manor Apartments in St. Andrew, where Maitland resided. The conviction represents a significant development in a case that has drawn considerable public attention in Jamaica, involving a serving police officer and highlighting issues of domestic violence and accountability within law enforcement.

  • Snow and ice storm set to sweep US

    Snow and ice storm set to sweep US

    A formidable winter storm system is poised to unleash a perilous combination of freezing rain and heavy snowfall across the continental United States, placing approximately 160 million Americans under threat beginning Friday. The National Weather Service has issued grave warnings, forecasting potentially ‘catastrophic ice accumulation’ that could trigger prolonged power outages, significant tree damage, and dangerously impassable travel conditions.

    Meteorologists indicate the storm originated off the California coast before commencing its eastward trajectory, expected to impact vast regions including the Rockies, Plains, and ultimately the densely populated mid-Atlantic and northeastern states. The system’s prolonged duration will introduce an arctic air mass capable of crippling daily activities across multiple regions.

    Transportation networks already show strain with over 1,500 weekend flight cancellations recorded by Flightaware, particularly affecting Texas airports. This has revived memories of the 2021 winter catastrophe that collapsed the state’s power grid, resulting in numerous fatalities. Republican Governor Greg Abbott sought to reassure citizens, asserting the grid ‘has never been stronger, never been more prepared and is fully capable of handling this winter storm’ during a Thursday press briefing.

    Meanwhile, New York Governor Kathy Hochul adopted a more cautious stance, warning residents that mere minutes outdoors could precipitate hypothermia or frostbite. The Democratic leader emphasized comprehensive preparedness measures including pipe protection, safe heater usage, and checking vulnerable neighbors. Her administration has mobilized thousands of utility workers, snowplows, and emergency crews to maintain road access and power restoration capabilities.

    The meteorological phenomenon stems from an elongated polar vortex—typically a compact circular system of cold, low-pressure Arctic air that has distorted into an oval shape, permitting frigid air to spill across North America. Scientific discourse continues regarding potential connections between increasing polar vortex disruptions and climate change, though natural variability remains a contributing factor.

    Former President Donald Trump utilized his Truth Social platform to question climate science in light of the extreme cold, while state officials concentrated on immediate public safety measures. Fourteen states from southern to northeastern regions plus Washington DC have declared states of emergency, urging residents to stock emergency supplies, maintain vehicle fuel tanks, and avoid unnecessary travel as wind chills approach -55°F (-48°C) in Upper Midwest regions.

  • Market Bag: Food prices steady, egg supplies improving

    Market Bag: Food prices steady, egg supplies improving

    LINSTEAD, JAMAICA — Consumers at the bustling Linstead market are experiencing a period of relative price stability this week, with the cost of most staple food items holding firm compared to the previous weekend. A survey of the market reveals a steady pricing pattern for a core group of vegetables, offering a semblance of predictability for household budgets.

    Key produce such as tomatoes, Irish potatoes, sweet potatoes, onions, and ginger have all maintained their previous price points, selling for $400, $300, $300, $200, and $300 per pound, respectively. This consistency provides a stable foundation for the market’s economic activity.

    In a welcome development for shoppers, the prices of Scotch bonnet pepper and lettuce have undergone a significant reduction, now available at $300 each. This price drop is likely to increase their accessibility and demand.

    Furthermore, the agricultural sector is showing promising signs of recovery in the wake of Hurricane Melissa’s devastation. The egg supply chain, which was severely disrupted, is now demonstrating a steady improvement. Nekeisha Graham of Niki’s Yolk, an egg farmer, confirmed the ongoing progress while acknowledging that a shortage persists. “The shortage is still there, but [supplies] are coming back slowly,” Graham stated during a feature on the digital segment ‘Market Bag’ with host Carlysia Ramdeen on Observer Online. This gradual return to normalcy marks a positive turn for producers and consumers alike.