Business

Hyatt Hotels Corp lowered its 2026 earnings forecast by US$10 million following the extended closure of seven Jamaica all-inclusive resorts damaged by Hurricane Melissa. Executives, however, said the forced downtime would enable comprehensive...

African Export-Import Bank (Afreximbank) has extended a US$100-million receivables discounting facility to Bahamas Striping Group of Companies (BSGC), marking the Pan-African lender’s deepening engagement in Caribbean infrastructure finance. “This...

The Bank of Jamaica, according to a recent report, said “it is waiting on the Ministry of Finance and the Public Service and Cabinet to advance the implementation of the Twin Peaks regulatory framework.” Senior Deputy Governor Dr Wayne Robinson...

Artificial intelligence (AI) is now embedded in nearly every conversation about the future of customer experience (CX). Across Jamaica’s business process outsourcing (BPO) sector, providers are feeling increasing pressure from client and global...

Fitch Ratings affirmed Jamaica’s credit rating at BB with a stable outlook, betting the island nation can withstand hurricane damage without derailing its decade-long effort to reduce government debt. “Despite considerable uncertainty regarding...

Atlantic Hardware and Plumbing Co Ltd (Atlantic) has expanded into...

In every democratic society, at every level of government, almost every dollar spent by the State tells a story. It is a confession. In fact, if you study a country’s procurement records closely enough, you will expose the memoirs of that...

Christopher Berry, executive chairman of investment bank Mayberry Group, wants the Jamaica Stock Exchange (JSE) to restore public access to detailed shareholder data, arguing that recent restrictions undermine market transparency despite corporate...

West Indies Petroleum Terminal, Jetcon Corporation, and Atlantic Hardware led January gains, according to the Monthly Statistics from the Jamaica Stock Exchange. Overall, some 18 stocks made gains above 10 per cent, while 14 stocks declined by more...

Main Event Entertainment Group has started producing its own events as its traditional promotions business faces pressure. It still earns nearly 90 per cent of its revenue from offering traditional event services to clients. But it recently started...

Your company conducts financial controls and operational procedures, with rigorous precision. But strategic knowledge? Not so much. Executives pour energy into polished slide decks, while completely missing the ‘three story types’ that actually...

Remittance inflows to Jamaica surged 14.2 per cent in November, marking one of the sharpest monthly increases since the COVID 19 pandemic as the island’s diaspora stepped up financial support following Hurricane Melissa. Net remittances reached US$...