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...

  KINGSTON, Jamaica In a strategic move to bolster Jamaica’s cybersecurity infrastructure for small and medium-sized enterprises (SMEs), Guardsman Cyber Intelligence (GCI) , the tech division of the Guardsman Group, has signed a $45 million memorandum of understanding (MoU) with the Small Business Association of Jamaica (SBAJ) . The deal, signed on July 18, 2025 , at Guardsman’s Hope Road headquarters, seeks to provide affordable, cutting-edge cybersecurity solutions tailored specifically for Jamaican SMEs. The partnership aims to help these businesses comply with the Jamaica Data Protection Act (JDPA) and other key regulatory frameworks. Strategic Support for a Vulnerable Sector According to SBAJ’s second vice-president,  Denise Williams , the pact arrives at a crucial time as small businesses are increasingly targeted by hackers, including through WhatsApp account hijackings and other digital attacks. “This partnership is very important, having components of trainin...

  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 Jamaican stock market continued its bearish trajectory last week, with overall trading volume and value recording significant declines. Data show that investor sentiment remains cautious as major indices trended downward across the board, except for the cross-listed segment, which posted its fourth consecutive week of gains. Key Details According to data from the Jamaica Stock Exchange (JSE), market activity slowed markedly, with a total of 63.62 million units traded, valued at approximately J$468.43 million . This represents declines of 71.1% in volume and 80.1% in value compared to the previous week. Despite reduced overall activity, the distribution of trades was broader, as the top three volume leaders accounted for 39.5% of market volume—down from 49.8% the week before. This indicates a wider spread of participation across listed companies. The top volume performers were: TransJamaican Highway Limited (TJH): 15.04 million units, or 23.2% of total volume. Wigton...