Business
10 May, 2026
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NCB Update
The conglomerate NCB Financial Group Ltd (NCBJ) reported net profit of $5.2 billion for the quarter ended March 2026, down sharply from $17 billion in the same period a year earlier — a decline driven…
10 May, 2026
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Higher air fares as Spirit's low-price floor vanishes
The cheapest one-way seat from Fort Lauderdale to Kingston cost US$107 when Spirit Airlines was flying. Today, it starts at about US$157 — nearly 50 per cent more — based on current fares on online…
10 May, 2026
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Massy sells Jamaica distribution arm at over J$2b loss
Massy Holdings Limited has booked a TT$105.3 million loss — equivalent to more than J$2.3 billion — on the sale of its Jamaican distribution subsidiary to a Trinidad and Barbados-backed consumer goods…
10 May, 2026
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Francis Wade | The Productivity Numbers Haunting Every Government Leader
As a leader in the Jamaican government, you may be confronted by the economic situation we find ourselves in. While some colleagues are busy extracting personal gains when they can, you actually want…
10 May, 2026
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US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
America's employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Hiring beat the 65,000 jobs forecasters had expected, though it decelerated…
08 May, 2026
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08 May, 2026
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Jamaican Teas growing faster than it can build
Jamaican Teas Ltd has nearly exhausted the capacity of its rural St Andrew headquarters less than two years after relocating to a facility almost twice the combined size of its previous operations.
08 May, 2026
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Mayberry loss widens to $2.2 billion in first quarter
Securities dealer Mayberry Group Ltd posted a net loss of $2.2 billion for the first quarter ended March 2026, about one-third worse than a year earlier, as continued equity market volatility hammered…
08 May, 2026
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The positive side of natural disasters
From our own recent experiences in Jamaica, we know how devastating natural disasters, particularly hurricanes, can be for the economy, infrastructure and people, especially those on the social and…