Business
March 11, 2026
Scotia Group Jamaica posts lower profit as Melissa leaves its mark on first quarter
The second largest bank, Scotia Group Jamaica Limited (SGJ), reported net income of $4.1 billion for its first quarter ended January 2026, a modest decline from the $4.2 billion posted in the same…
March 11, 2026
Yaneek Page | Balancing the books was step 1, building prosperity is step 2
Jamaica has entered a daring new chapter of its economic story. After more than a decade fixated on restoring fiscal stability, we are haunted by ghosts of the past that never left our side, namely,…
March 8, 2026
CAC posts loss as $250m preference share maturity looms this month
Industrial air-conditioning installers CAC 2000 Limited posted a net loss of $176.2 million for the year ended October 2025, reversing a profit of $22.3 million the prior year, as ageing receivables…
March 8, 2026
Ripton gets approval for 171‑unit Trafalgar complex
The environmental regulator has approved a 171-unit complex on Trafalgar Road in New Kingston, granting Ripton International Capital Holders Ltd planning permission that would make the development…
March 8, 2026
United Oil & Gas completes derisking surveys
United Oil & Gas Plc said it completed all three stages of a seabed geochemical survey off the southern coast of Jamaica, a milestone the United Kingdom listed company hopes will attract a…
March 8, 2026
Oran A Hall | The faces of interest
Interest is what borrowers pay lenders for using their money. Interest is paid by governments, corporations, and diverse other organisations. It is paid on several types of instruments, at various…
March 8, 2026
MrBeast’s company fired video editor after Kalshi accused the employee of insider trading
Beast Industries fired a MrBeast video editor this week following accusations of insider trading by prediction market operator Kalshi. Kalshi, an online platform that allows users to “trade on…
March 6, 2026
Hurricane Melissa led to $3.5 billion in lost sales for Campari, the owner of Wray & Nephew, Appleton rum brands
Hurricane Melissa cost Campari, the Italian spirits company, €21 million (J$3.5 billion) as the local operation, J.Wray & Nephew Ltd, suffered from a reduction in alcohol consumption, masking what…
March 6, 2026
Hurricane Melissa cost Supreme Ventures $4 billion in lost revenue
Supreme Ventures Limited (SVL) reported billions of dollars in foregone revenue due to Hurricane Melissa. Disruptions led the gaming giant to post a fourth-quarter loss, but it still made stronger…