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Category: Business & Economy

Business & Economy

NCB Financial’s asset tax burden erodes chairman’s debt payments

infojamaica
February 15, 2026

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 could have funded…

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Business & Economy

Hyatt cuts forecast by US$10 million as Jamaica resorts stay shut

infojamaica
February 15, 2026

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…

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Business & Economy

Tropical Battery eyes $500m in renewable sales in medium term

infojamaica
February 13, 2026

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…

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Business & Economy

Heineken breweries in Ja and Panama part of US$140 million in cost savings

infojamaica
February 13, 2026

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 accelerated our…

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Business & Economy

Billions in damage spur calls for drainage overhaul in Montego Bay

infojamaica
February 13, 2026

Business leaders in Montego Bay are pressing the Government to commission a comprehensive study of the city’s rivers and drainage system after Hurricane Melissa left billions of dollars in damage last October. Countless…

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Business & Economy

Wisynco’s stake in Ringtail valued at $2.45 billion

infojamaica
February 11, 2026

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. The transaction values Ringtail…

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Business & Economy

Atlantic Hardware expands into agro-distribution

infojamaica
February 11, 2026

Atlantic Hardware…

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Business & Economy

JSE halts top 100 shareholder list

infojamaica
February 8, 2026

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…

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Business & Economy

Dr Reddy’s pharmaceutical brand exporting to oil-rich territories in region

infojamaica
February 8, 2026

Indian pharmaceutical brand Dr Reddy’s Laboratories shipped its first batch of exports from Jamaica to Trinidad…

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Business & Economy

Hurricane Melissa alters public expectations on taxes – Williams

infojamaica
February 6, 2026

Minister of Finance and the Public Service Fayval Williams says that people expect a change in taxation arising from Hurricane Melissa. “We have been the government that delivered 10 years of no new…

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