Business
February 15, 2026
NCB Financial’s asset tax burden erodes chairman’s debt payments
Michael Lee-Chin broke his silence on recent bond matters on Friday, telling NCB Financial Group shareholders that the asset tax has diverted US$100 million from his investment company that otherwise…
February 15, 2026
Hyatt cuts forecast by US$10 million as Jamaica resorts stay shut
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…
February 15, 2026
African development bank backs Bahamas roads with US$100-million facility
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…
February 15, 2026
How the smartest people in the boardroom make the worst decisions – on purpose
As an executive, you are mystified by the source of corporate failures. How does a well-managed company make bad decisions that run the firm out of business? Do you lack insider information? Or was…
February 13, 2026
Tropical Battery eyes $500m in renewable sales in medium term
Tropical Battery Company Limited expects sales from its merged TRE KAYA renewable division to reach about $500 million annually on the low end over the next two to three years, underscoring the unit’s…
February 13, 2026
Heineken breweries in Ja and Panama part of US$140 million in cost savings
Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, was among a slate of facilities worldwide being reshaped by its Dutch parent, Heineken NV, to cut costs through digitalisation. “We…
February 13, 2026
Ja’s customer experience industry must rethink business model in the age of AI
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…
February 13, 2026
by Cedric Stephens
Is the Twin Peaks regulatory model still right, given Hurricane Melissa?
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…
February 11, 2026
Wisynco’s stake in Ringtail valued at $2.45 billion
Manufacturer and distributor Wisynco Group paid $2.45 billion for its 30 per cent stake in Ringtail Holdings, the parent company of spirits distributor Select Brands, its latest financials revealed.