Passenger arrivals at Jamaica’s two international airports declined in March, reflecting shocks from Hurricane Melissa at Sangster International Airport in Montego Bay, according to new disclosures by airport operator Pacific Airport Group (GAP).
Category: Business & Economy
US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years
US applications for unemployment benefits rose last week before Iran, Israel and the US announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture. The number…
Lee-Chin wins US court confirmation of DR arbitration award
A US federal court has confirmed a US$43.7-million arbitration award in favour of Jamaican-Canadian investor Michael Lee-Chin, rejecting the Dominican Republic’s bid to overturn the ruling. US District Judge Colleen Kollar-Kotelly of the…
Seeing Jamaica’s centenary in 2062 – Part II
Two reports about recent speeches in this newspaper were the stimuli. The first was made by Montego Bay Chamber of Commerce and Industry President and entrepreneur, Jason Russell. State Minister in the Ministry…
The playbook for Jamaica’s next outsourcing chapter
When it comes to outsourcing, US clients are no longer looking simply for headcount. They are looking for delivery ecosystems that support analytics, automation, and AI-enabled service performance. That shift is already redefining…
Iran’s proposal to collect tolls in the Strait of Hormuz violates trade norms
To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world…
Kaya posts J$550m sales from ganja, mushrooms and pizza in 2025
Ganja company NUGL, which trades as Kaya, reported higher revenues and also narrowed its losses for its financial year despite disruptions from Hurricane Melissa.
Jamaica ranks 13th in regional AI index, UN body reports
Jamaica ranks 13th out of 19 countries in the latest edition of the Latin American Artificial Intelligence Index (ILIA), underscoring the challenges facing the island’s digital adoption.
JPS writes off J$3.5b in Hurricane Melissa damage as profit slides
The Jamaica Public Service Company (JPS) has written off US$22.3 million — about J$3.5 billion — in assets damaged by Hurricane Melissa last October. The electricity utility said in its audited financials, released…
MSMEs seek bigger share of $470 billion procurement bill
Jamaica’s Government spends about US$3 billion (J$470 billion) per year to procure goods and services from the private sector, with only about one per cent going to micro, small, and medium sized companies…