Category: Business & Economy

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…

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…

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…

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…

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…

Atlantic Hardware…

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…

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

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…

Main Event Entertainment Group has started producing its own events as its traditional promotions business faces pressure. It still earns nearly 90 per cent of its revenue from offering traditional event services to…