Remittance inflows to Jamaica for the year to September 2025 climbed 2.9 percent to US$2.5866 billion, over the US$2.514 billion collected in the similar period in 2024.
This year’s inflows are the second best on record, just $19 million below the record of US$2.695 billion garnered in the first nine months of 2021. The trend for the year to date suggests that total flows for the year may end around US$40 less than the record US$3.497 billion in 2021. Inflows could increase above the levels for 2025 to date following the passage of Hurricane Melissa, as Jamaicans overseas increase their contributions to Jamaicans hit by the hurricane.
Inflows for September this year rose by 4.7 per cent or US$13 million to US$287.6 million compared with $274.6 million for the same period in 2024.
For the eight months ending August 2025, total remittance inflows to Jamaica amount to US$2.302 billion, an increase of 2.8 percent compared to inflows for January to August last year of US$2.239 billion. The total inflows for this year are marginally ahead of the record haul of 2021, with US$2.3 billion in inflows up to August 2021.
Profit performance played a major role in the movements in stock prices in the year to date, in some cases, the announcement of expansion plans also played a role in moving stock prices this year. After the period, investors reacted to stocks that appear set to benefit or suffer from the damage caused by the recent Hurricane and the reconstruction effort.
The worst performing stock is RA Williams, down a sizable 50 percent, followed by Spur Tree Spices with a big loss of 48 percent and ISP Finance dropping a substantial 45 percent.
Main Market stocks were better performers than Junior Market, stocks, with the main market index declining by 4 percent. Eppley Properties rose a solid 45 percent, followed by Carreras rising 37 percent, following increased profits. AS Bryden gained a 27 percent was the third best performer and Guardian Holdings gained an attractive 23 percent.
the most recent import from the Junior Market, dropping a solid 46 percent, MPC Caribbean Clean Energy declined by a sizable 41 percent, Jamaica Broilers lost 38 percent, of its value due mainly to the reporting of losses incurred in the US operations going back in time. that were only disclosed earlier this year. Salada Foods declined by 32 percent, with profit being slashed by 26 percent for the year to date but by more than 50 percent for the June quarter.
In October, this year just 263,000 passengers passed through Sangster International Airport, a sharp fall from 319,200 last year. Passenger traffic dropped to 121.400 at the Norman Manley Airport compared with 139,600 in 2024.
Beacon will continue to operate as an independent subsidiary of General Accident. The combined company intends to maintain both the Beacon and General Accident brands in Trinidad and Barbados.
Beacon
Listed companies, many of which pride themselves on good corporate policies, should do better in speaking to investors. Ms. James has been added to the list of directors of Caribbean Assurance Brokers, effective October 1.
Aside from the record take for 2021, the year-to-date inflows exceed all previous years’ figures. Gross inflows for July 2025 dropped by US$21 million compared with July 2021. For the seven months to July this year, inflows are down US$17 million from the 2021 seven-month period. To exceed the record 2021 intake of US$3.497 billion, it will require growth of just under 5 percent for the last 5 months of this year. Regardless, the 2025 numbers appear on track to at least come close to the record haul in 2021 to be either the best year or the second-best.
At the same time, traffic passing through Kingston Norman Manley slipped marginally from 137,800 in September last year to 137,400.
Inflows in June this year increased by US$8 million to US$286.5 million, or 2.9 percent compared to US$278.3 million in June 2024.
According to the airport operators, 447,300 passengers were processed by Sangster International Airport in August this year, up from 424,800 in August last year. The gains in the last 8 months virtually wipes out the losses in the early months of the year, with 3.5615 million passengers, a 1.4 percent fall, compared to the 3.6105 million for the similar period in 2024.