Business
February 22, 2026
by Lawrence Nicholson
Family owned businesses leading the way against corruption
There have been mixed responses to the latest release of the Corruption Perception Index (CPI) by Transparency International. For many, any report on corruption is about government and has nothing to…
February 22, 2026
Bulletins
In Friday’s trading session the following reflects the movement of the JSE Indices: - The JSE Combined Index closed at 351,347.00 and the volume traded amounted to 25,517,101 valued at…
February 20, 2026
Hurricane Melissa costs Liberty Latin America US$76 million in Jamaica
Hurricane Melissa tore through Jamaica in late October 2025, flattening homes and severing telephone lines. For Liberty Latin America, the Category 5 storm left a combined cost of US$76 million —…
February 20, 2026
Stanley Motta faces vacant floors but profit triples on property gains
Stanley Motta Limited, the Kingston-based commercial landlord, said a prospective tenant that had signed a letter of intent declined to proceed, leaving three floors in its recently completed…
February 20, 2026
Salada earnings cut by a third due to Hurricane Melissa
Salada Foods Ltd reported first-quarter revenues and profit sliding amid storm-battered logistics and weaker domestic demand — an early signal of how deeply Hurricane Melissa has cut into Jamaica’s…
February 20, 2026
Proven posts quarterly loss, eyes real estate gains ahead
Financial conglomerate Proven Group Limited (PGL) recorded a US$895,000 loss for shareholders in the December quarter, compared with a US$1.1-million profit a year earlier, as Hurricane Melissa…
February 20, 2026
Honey Bun profit falls four-fifths despite higher sales
Honey Bun Ltd delivered higher first-quarter sales to December, but its $13-million profit marked an 83 per cent dip from year-earlier levels. Costs rose with the commissioning and early ramp up of…
February 20, 2026
JMMB Group quarterly profit slips, nine-month earnings surge
JMMB Group Limited posted net profit of $985.5 million for its third quarter ended December 2025, down from $1.14 billion a year earlier due to impairments and Hurricane Melissa disruptions. Group CEO…
February 20, 2026
PBS posts profit drop after US$6-million Costa Rica charges
Productive Business Solutions Ltd (PBS), a regional technology distributor listed on the Jamaica Stock Exchange, reported a 36 per cent decline in full-year profit after absorbing more than US$6…