Jamaica is experiencing a major boost in air travel from Latin America , with airline seat capacity doubling this summer compared to the same period last year. According to Senator Delano Seiveright , this reflects the success of the Government’s aggressive airlift expansion strategy . Record-Breaking Airline Traffic Copa Airlines now operates 12 flights weekly — seven to Montego Bay and five to Kingston — with average load factors at 86% , signaling sustained demand. These expanded services are expected to become permanent by October 2025 . LATAM Airlines , flying nonstop between Lima, Peru and Montego Bay , also shows strong performance, with load factors above 80% , thanks to co-branded marketing and trade partnerships across South America. A new summer charter program from Ecuador via Maxitravel will bring 1,000+ additional visitors , pushing Latin America’s total contribution to over 10,000 seats per month for July and August — a historic high. More Flights, More...

  KINGSTON, Jamaica NCB Financial Group (NCBFG) is set to release the full terms of its international capital raise this week, following a disclosure notice to the Trinidad and Tobago Stock Exchange. The capital raise, first announced in June, involves a proposed offering of senior notes on the international securities market and is expected to move to the pricing phase shortly after the memorandum is shared. The company, which owns National Commercial Bank Jamaica , Guardian Holdings , and Clarien Bank , says it will update investors with a preliminary offering memorandum during the week of July 21, 2025 . This type of document is used specifically for private placement offerings , in contrast to a public prospectus, typically used for wider market raises. Terms Still Dependent on Market Conditions NCB cautions that the final pricing and successful close of the transaction remain contingent on market conditions . However, executives are optimistic that the offering will meet...

  Wisynco Group Limited has entered into a major strategic partnership with Select Brands Limited through the acquisition of Ringtail Bottlers Limited, the manufacturing arm behind the popular Stone’s Ginger Wine. As part of the agreement, Wisynco will also take a 30 percent stake in Ringtail Holdings, the parent company of Select Brands, while assuming responsibility for the production of Stone’s Ginger Wine and other beverage brands locally and internationally. Key Details The partnership was officially announced on Monday, August 25, at the AC Marriott Hotel in New Kingston. Wisynco’s role: The company will now handle the production of Stone’s Ginger Wine for Jamaica, the wider Caribbean, and the United States. It will also oversee production of Ringtail Bottlers’ additional portfolio, which includes Irie Moss, Prestige Liqueurs, Bandolero, and Privateer. Select Brands’ role: The distributor will retain ownership of the brands and continue marketing and distribution, f...

The MasterMac Group of Companies, one of Jamaica’s leading wholesale and retail distributors, has officially opened its newest outlet, the MasterMac Food Store, on Constant Spring Road in St Andrew. The new branch represents a major milestone in the company’s continued growth and modernization of its operations across the island. Key Details The launch ceremony, held on Thursday, October 16, brought together the company’s management, staff, suppliers, customers, and members of the media to celebrate the opening of the new facility. This latest addition comes 36 years after the company opened its first location in downtown Kingston in 1988. Since then, MasterMac has expanded to 15 locations across Jamaica, including five wholesale distribution centers and five supermarkets. The new Constant Spring Road location includes both the MasterMac Food Store and the MasterMac Supercentre, marking the completion of a four-year project that combined design, construction, and strategic planning...

Scotiabank reaffirmed its commitment to supporting Jamaica’s manufacturing and export industries after proudly sponsoring the ‘Women in Manufacturing’ award at the Jamaica Manufacturers and Exporters Association (JMEA) Gala , held recently in Kingston. The prestigious award was presented to Nayanna Williams , CEO and founder of Lifespan Company Limited , in recognition of her leadership, innovation, and impact in the water manufacturing sector. Scotiabank representatives joined business leaders and government officials in celebrating the individuals and companies driving growth, innovation, and excellence within Jamaica’s industrial landscape. “Supporting initiatives that recognise outstanding achievement is part of our mission to foster growth and opportunity across key sectors,” the bank said in a statement. “We remain committed to empowering women entrepreneurs and advancing Jamaica’s economic development.” The event also provided networking opportunities for industry stakehold...