Motorists across the region are set to experience a mixed bag of fuel price changes starting Thursday, October 2, as Petrojam, the national oil refinery, has released its latest ex-refinery cost updates. The adjustments reflect a combination of increases and decreases across various fuel types, signaling a dynamic shift in the energy market. Notably, 90-octane gasoline will see a rise of $0.75, bringing its price to $166.60 per litre. In contrast, 87-octane gasoline will experience a slight reduction of $0.77, settling at $159.55 per litre. Diesel fuels are also subject to significant hikes, with automotive diesel increasing by $2.94 to $170.41 per litre and ultra-low sulphur diesel (ULSD) rising by $3.06 to $176.79 per litre. Meanwhile, kerosene prices have dropped by $3.06, now available at $155.08 per litre. These changes are expected to impact both individual consumers and businesses reliant on fuel for operations, prompting a closer look at budgeting and energy consumption strategies.
标签： Jamaica
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Post-election training for MPs
KINGSTON, Jamaica — In a bid to enhance legislative efficiency and governance, Members of Parliament (MPs) in Jamaica are set to participate in a comprehensive post-election training programme. This initiative, organized by the Houses of Parliament in collaboration with the Commonwealth Parliamentary Association (CPA), aims to equip both newly elected and returning MPs with essential skills and knowledge to fulfill their constitutional and parliamentary roles effectively.
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Shein picks France for its first permanent stores
In a significant move to expand its global footprint, Asian fast-fashion powerhouse Shein announced on Wednesday that it will open its first permanent physical stores in France this November. The inaugural store will be located at the iconic BHV Marais department store in Paris, followed by five additional outlets in Galeries Lafayette stores across Dijon, Reims, Grenoble, Angers, and Limoges. This expansion is facilitated through a strategic partnership with Societe des Grands Magasins (SGM), the retail property group that owns BHV Marais and several Galeries Lafayette locations. Shein emphasized that this initiative aims to rejuvenate French city centers, revitalize department stores, and create 200 direct and indirect jobs in the country. While Shein has previously experimented with temporary pop-up shops in cities like Paris, this marks its first foray into permanent physical retail. Donald Tang, Shein’s executive chairman, highlighted France’s status as a global fashion capital and its creative spirit as key reasons for choosing the country for this venture. Founded in China and now headquartered in Singapore, Shein has built its empire on affordable fashion, extensive product offerings, and aggressive marketing. However, the company faces growing scrutiny over its environmental practices, labor conditions, and alleged exploitation of EU customs exemptions. Despite these challenges, Shein continues to expand, employing 16,000 people globally and generating $23 billion in revenue in 2022.
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Digicel expands solar project
Digicel Jamaica has embarked on a multimillion-dollar solar power initiative, not to hike customer rates but to safeguard revenues by maintaining service continuity during grid failures. CEO Stephen Murad emphasized that the 12-month collaboration with U.S.-based Caban Energy is designed to ensure uninterrupted services across all parishes, whether during hurricanes, Jamaica Public Service (JPS) outages, or even routine incidents like road accidents. Murad clarified that the investment is not a cost passed on to customers but a strategic move to strengthen the company’s reliability. The project, which began earlier this month, involves installing solar and battery systems at 511 of Digicel’s 930 sites, with teams working on 30 to 40 sites monthly. Caban Energy CEO Alexandra Rasch highlighted that approximately 180 local personnel are engaged in logistics, finance, and construction. The initiative also extends beyond cell towers, encompassing Digicel’s downtown headquarters and regional data centers, which handle critical traffic. Murad described the investment as part of a broader technology upgrade program, including recent fiber builds in Montego Bay. While Jamaica is the first market for this project, other regions like Haiti, the Cayman Islands, and Dominica are already preparing to follow suit. Digicel, operating in 25 markets across the Caribbean, Central America, and the Pacific, serves nearly nine million customers through mobile, home, and business services, with significant operations in Jamaica, Trinidad and Tobago, and Haiti.
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World Championship medallist Stacey-Ann Williams gets grand welcome home
KINGSTON, Jamaica — Stacey-Ann Williams, the World Championship silver medallist, was warmly celebrated upon her return to Jamaica. The elite jewellery company Artwell and Co. hosted a special event to honor her remarkable achievements in athletics. Williams, who was part of the quartet that secured silver in the 4x400m relay at the 2025 World Athletics Championships, was presented with a custom gold and diamond pendant during the ceremony. Her boyfriend, Olympic bronze medallist Rasheed Broadbell, joined her in this moment of recognition. Andre Artwell, director of Artwell and Co., emphasized the importance of celebrating Jamaica’s talented individuals, stating, ‘Jamaica is blessed with colourful and talented people who often don’t get their flowers while they are alive. I want to be an agent of change in that regard. Stacey has done so much for Brand Jamaica, so I definitely think she truly deserves to be honoured. This is just Artwell and Co’s way of saying thank you, we are proud of you.’ Williams expressed her gratitude for the love and recognition she received, sharing the special moment with Broadbell, who is also an accomplished athlete in the sprint hurdle event.
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Police treating death of parish judge as suspected suicide
TRELAWNY, Jamaica — Authorities are currently investigating the death of Parish Court Judge Ruth Lawrence as a suspected suicide. Lawrence was pronounced dead on Tuesday evening at the Falmouth Public General Hospital. Acting Commissioner of Police (ACP) Glendon Miller, overseeing the Area One Police Division, stated that the preliminary investigation points to suicide, though the inquiry remains in its early stages. ‘Our investigative team, led by Superintendent Jermaine Anglin, is meticulously gathering all necessary information to ensure a thorough examination,’ ACP Miller emphasized. Forensic investigations commenced last night and are ongoing, with statements being collected to piece together the circumstances surrounding her death. Lawrence was found unresponsive at her Coral Spring residence in Trelawny and was rushed to the hospital around 7:50 pm. Preliminary reports indicate no visible signs of physical injury on her body. The case continues to unfold as investigators work to confirm the cause of death.
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TJH makes partial pref share redemption
TransJamaican Highway Limited (TJH) has commenced the partial redemption of its cumulative redeemable preference shares as part of its strategic growth initiatives. The company recently redeemed 5% of the principal amount of its 2.7 billion preference shares, equivalent to 135 million shares or US$1.35 million, based on a US$0.01 par value. This redemption, executed on July 14, coincided with the quarterly dividend payment. TJH’s preference shares offer an 8.0% dividend yield. The Jamaica Central Securities Depository (JCSD) facilitated the redemption process, ensuring pro-rata distribution among shareholders. Despite receiving a query, TJH reported no objections to the transaction. The company has since aligned its redemption schedule with the original terms, adjusting the maximum optional redemption amount to 15% by January 30, 2026, with quarterly redemptions tied to dividend payments. TJH initially issued these preference shares in January 2020, raising US$27 million. The shares, listed at $1.41 in September 2020, are set to mature by January 2028. TJH retains the right to redeem up to 20% of the shares after the sixth anniversary of issuance. The company’s Q2 2024 report highlighted a carrying value of US$23.88 million for the preference shares, with US$22.26 million classified as non-current. Early redemptions free up cash for ordinary shareholders, with TJH announcing a $0.1292 dividend totaling $1.62 billion, payable on October 24. This marks a 35% increase from 2024, reflecting TJH’s robust financial performance. Additionally, TJH updated its dividend payment structure to accommodate USD shareholders. The company is set to launch Phase 1C of Highway 2000 East-West in October, projected to generate US$9.5 million in revenue. TJH’s 2024 revenue reached US$82.82 million, driven by increased toll volumes, with net profit rising 28% to US$17.78 million. The company also adjusted toll rates and streamlined T-Tag acquisition processes, enhancing customer convenience. TJH’s asset base stood at US$295.44 million, with total equity closing at US$72.99 million. Despite a 13% decline in JMD share price, TJH remains focused on its expansion and operational efficiency.
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Buchanan’s bid to void St Andrew West Central election rejected
KINGSTON, Jamaica — The Constituted Authority has dismissed a petition by Paul Buchanan, the defeated candidate in the St Andrew West Central constituency, seeking to nullify the results of the September 3 general election. Buchanan, representing the People’s National Party (PNP), lost to Jamaica Labour Party (JLP) leader and Prime Minister Dr. Andrew Holness, who secured 7,054 votes compared to Buchanan’s 4,953.
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WATCH: 29 Knox College students escape serious injuries in Manchester bus crash
MANCHESTER, Jamaica—A group of 29 students from Knox College in Spalding narrowly avoided serious injuries when their Coaster bus veered off the Content to Williamsfield main road on Wednesday morning. The incident occurred shortly before 8:00 am, according to local police reports. Sergeant Florizel Williams, head of the Manchester Traffic Department, stated that the driver swerved left to avoid colliding with a vehicle that had abruptly stopped in front of the bus. This sudden maneuver caused the driver to lose control, resulting in the bus running off the road. Fortunately, only minor injuries were reported among the students. While most of the students proceeded to school, some were left traumatized and were picked up by their parents to return home. Sergeant Williams emphasized the importance of dash cameras in vehicles to clarify responsibility in such incidents. He urged motorists to install dash cams and suggested that insurance companies make their use mandatory to ensure clarity in accident investigations. Williams highlighted that dash cameras would help eliminate ambiguity in determining fault and improve overall road safety.
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UNLOCKING THE GULF MARKET
Jamaica is strategically positioning itself to tap into the lucrative luxury travel market, particularly targeting high-spending tourists from the Gulf Cooperation Council (GCC) countries. The GCC, established in 1981, comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). These nations are renowned for their affluent travelers who seek premium experiences, including five-star accommodations, halal-certified dining, and culturally sensitive services. With Saudi Arabia leading in population size, followed by the UAE and Oman, the GCC market represents a significant opportunity for Jamaica’s tourism sector. To capitalize on this, Jamaica is enhancing its offerings to meet the specific needs of GCC travelers, such as Arabic-speaking concierge services, luxury transfers, and privacy-focused amenities. A recent codeshare agreement between Emirates and Condor Airlines has further facilitated connectivity between Dubai, Frankfurt, and Montego Bay, paving the way for increased Middle Eastern visitation. Vijay D’Souza, trade director at Buzz Travel Marketing and regional representative for the Jamaica Tourist Board, emphasized the untapped potential of the GCC market, noting that word-of-mouth recommendations play a crucial role in attracting these travelers. Cortez Gordon, founder of Salaam Jamaica Tourism Network, highlighted the importance of aligning Jamaica’s tourism offerings with Islamic values, including halal-certified cuisine, prayer facilities, and culturally sensitive services. Gordon expressed optimism that these efforts could lead to significant economic benefits, including job creation and market diversification, while positioning Jamaica as a globally inclusive, Muslim-friendly destination.