Business
12 Dec, 2025
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VMIL to elevate private equity transactions in hunt for better returns
VM Investments Limited, VMIL, is reorienting its focus towards more private equity transactions and less on corporate debt to drive better returns for the company. It comes amid challenging market…
12 Dec, 2025
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Mayberry doubles stake in microlender Keoworld due to Amex deal
Mayberry Group has doubled its private equity stake in Keoworld, a fast-growing Miami-based fintech firm now positioned to absorb a segment of American Express’s international credit card business.…
12 Dec, 2025
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First Rock gets Mayberry’s help on Hambani
First Rock Real Estate Investment Limited and its subsidiary FCH Jamaica Developers Limited has settled their debt with Sagicor Bank Jamaica Limited, utilising the proceeds of a corporate note…
12 Dec, 2025
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Express Catering posts highest profit since pandemic
Express Catering Limited, ECL, operator of food and beverage outlets at Sangster International Airport, reported flat revenue but more than doubled its net profit to US$3.8 million for the financial…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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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…