Business
May 17, 2026
Sagicor X Fund cites World Cup travel projections amid broader US booking shortfall
Sagicor Real Estate X Fund Limited has cited industry projections that point to World Cup-related travel growth, which could benefit its hotel portfolio even as bookings across US host cities are…
May 17, 2026
by Carolyn Guniss
Pension regulator says micro-pension plan unworkable for informal sector
The Financial Services Commission (FSC) has ruled out a state-administered micro-pension scheme for the more than one million workers currently without retirement coverage.
A micro-pension is a…
May 17, 2026
CIBC Caribbean arranged ‘record-setting’ transactions across region in 2025
CIBC Caribbean arranged more than US$3.5 billion in financing transactions across the Caribbean in 2025, underscoring the Canadian-owned bank's growing dominance in the region's corporate…
May 17, 2026
THE WHITE-COLLAR RECESSION IS HERE-AI-accelerated, corporate strategy-entrenched
A few months ago, I realised something unsettling. I was sitting at my desk having a full strategy conversation with my virtual AI assistant, refining business models, pressure-testing marketing…
May 15, 2026
Iran war and Jamaica hurricane cost TUI €61m in half-year results
Europe's largest tour operator, TUI Group, absorbed €61 million (J$11.2 billion) in combined one-off losses from the Iran war and Hurricane Melissa's devastation of Jamaica during the first…
May 15, 2026
UTech advances plans to slash light bill in half with new solar power installations
The University of Technology, Jamaica (UTech) has launched a tender for solar power installation of at least 2.0 megawatts (MW) with optional battery storage across its Papine and satellite campuses,…
May 15, 2026
Century flags US$10m cost headwind as Jamalco bauxite quality slips
Century Aluminum, the majority owner of Jamalco, posted strong earnings but warned that rising raw material costs tied to Middle East hostilities and declining bauxite grades at its Jamaican refinery…
May 15, 2026
Jetcon doubles first-quarter revenue, expanding range to include electric vehicles
Jetcon Corporation has moved to broaden its vehicle offering following a strong first-quarter performance.
The Junior Market-listed auto trader posted net profit of $60.1 million for the three months…
May 15, 2026
Everything Fresh still smarting from Melissa as margins thin and debt climbs
The profit at food distributor Everything Fresh Ltd fell by a third in the March 2026 first quarter, but controlled management of its payables to suppliers helped drive a near-doubling of its cash…