Business
December 12, 2025
Elite grows profit amid debt financing
Elite Diagnostics Limited, a provider of medical scanning services, posted net profit of $32 million, or nine cents per share, for the year ending June, a 22 per cent increase driven by steady growth…
December 12, 2025
Lasco Manufacturing shelling out $1b to improve efficiency
Lasco Manufacturing Limited, LASM, will invest $1.1 billion by the end of 2026 to improve the efficiency of its operations. This investment is in addition to the $425 million spent on improvements in…
December 12, 2025
by Neville Graham
Market rewards Paramount Trading comeback in first quarter
Investors responding positively to Paramount Trading Jamaica Limited’s turnaround performance in its first quarter ended August. PTL shares closed at $0.94 on the junior market of the Jamaica Stock…
December 12, 2025
by Steven Jackson
Dolla floating another bond
Microlender Dolla Financial Services Limited is raising $1 billion on the public debt market to expand its loan portfolio and refinance existing debt. The company has the option to upsize the offer to…
December 12, 2025
CAPRI cites possible plastic fatigue in report on ban
The Caribbean Policy Research Institute, CAPRI, has called for more robust systems to support Jamaica’s single-use plastics ban, arguing that enforcement remains weak and data limited — a challenge…
December 12, 2025
by Neville Graham
IEG credits new partnership, diversified revenue streams for momentum
Innovative Energy Group Limited, IEG, has posted a modest profit for the first quarter ended August 2025, reversing its prior year’s loss as the reshaped business continues to rebuild revenue from…
December 12, 2025
by Neville Graham
CG United calls in help after Melissa to serve affected policyholders
In the wake of Hurricane Melissa’s devastating sweep across Jamaica, CG United Insurance Limited has mobilised a regional disaster recovery team to support its Jamaican operations and assist affected…
December 12, 2025
Excelerate expects insurance to cover any LNG damage from Melissa
Excelerate Energy, which recently purchased New Fortress’ holdings in Jamaica, indicates that damage to LNG assets caused by Hurricane Melissa would be covered by insurance, while maintaining a strong…
December 12, 2025
Drowning in red, FosRich sees a lifeline in solar
Electrical and energy solutions provider FosRich Company Limited is aiming for a sharp turnaround after posting steep losses of nearly half-billion dollars year to date. It is banking on solar energy…