Business
December 12, 2025
by Steven Jackson
Air travel plunged in October as Melissa disrupted flights
Travellers to Jamaica fell sharply in October 2025, underscoring the immediate impact of Hurricane Melissa on the country’s tourism and travel markets. Despite making landfall just three days prior to…
December 12, 2025
by Steven Jackson
Mortgage loans growth spurt
Mortgage loans have been growing as an asset class for pension funds, sufficient for the regulator Financial Services Commission to make note of it. They remain a tiny portion, only 0.13 per cent, of…
December 12, 2025
Berger enters peak paint season with high market uncertainty
Berger Paints Jamaica Limited entered the final quarter of 2025 on a strong footing, with a near one-fifth spike in revenue in the July-September period, and a five per cent gain year-to-date,…
December 12, 2025
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…
December 12, 2025
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.…
December 12, 2025
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…
December 12, 2025
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…
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…