Business

August 13, 2026

US inflation slows but prices remain elevated as Iran war and spending on AI push up prices

US inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the…
Albert Bailey CEO of Spur Tree Spices Jamaica Ltd.
August 12, 2026

Can shortage stalls millions of ackee processing; more than 100 workers sent home

An industry-wide shortage of can lids has disrupted Jamaica’s ackee-processing sector during the peak harvest season, forcing lay-offs, slowing factory operations, and leaving millions of ackees…
Flow Jamaica office in Kingston
August 12, 2026

Flow Jamaica revenue dips to US$101 million as hurricane recovery continues

Telecom provider Flow Jamaica generated US$101 million in revenue during the second quarter of 2026, down from US$104 million a year earlier, as the Liberty Latin America subsidiary continues to…
August 12, 2026

Knutsford Express bets on Mandeville and St Thomas for growth

Knutsford Express Services Limited is pushing ahead with the expansion into St Thomas and a commercial development in Mandeville, even as the luxury coach operator recovers from a 46.7 per cent drop…
Economist Dr Damien King.
August 12, 2026 by Luke Douglas

NLA to revalue some 900,000 land parcels; property taxes expected to rise

The National Land Agency (NLA) plans to revalue roughly 900,000 land parcels islandwide, an exercise that will update government records to reflect the current economic value of property across…
Royalton Resorts.
August 12, 2026

Royalton reopens Jamaica resorts after post-hurricane refresh, launches US$30,000 family package

Royalton Hotels & Resorts has reopened all five of its Jamaica properties following a post-Hurricane Melissa renovation, while also launching a US$30,000 VIP family vacation package that targets…
Cemex workers.
August 12, 2026

Jamaica leads Cemex’s regional division amid divestments

Cement producer Cemex reported that its South, Central America and Caribbean division, which includes Jamaica, delivered US$66 million in operating EBITDA for the second quarter, 34 per cent higher…
Copa Airlines’ Panama hub.
August 12, 2026

Copa profits halve as fuel costs bite, but Panama hub deepens Jamaica-Latin America connectivity

Copa Holdings, the parent company of Copa Airlines, reported a halving of its profit in the second quarter of 2026, but the Panama-based carrier maintained its position as the primary airline link…
The download screen for the Truth Social app is displayed on a laptop in March 2024 in New York.
August 12, 2026

Trump media company announces a massive loss and new turnaround effort

The president’s media company posted a massive loss in the second quarter and announced plans to ditch new business lines and refocus as a forum for users to post their views. Trump Media &…