Business
December 12, 2025
GK bottom line buffeted by headwinds even before Melissa hit
GraceKennedy Limited has posted mixed results for the nine months ended September. While revenues climbed, profits faltered – and Hurricane Melissa has added a new layer of complexity and may further…
December 12, 2025
Mayberry bleeds $750m in third quarter as stocks slide
Mayberry Group Limited, a provider of investment banking and wealth management services, posted a net loss of $751.4 million for the September third quarter, compared to a profit of $145 million in…
December 12, 2025
Fontana expects to shrug off Melissa effects by new year
The outlook for Fontana Pharmacy remains positive as its stores in western Jamaica return to normality. “Our Montego Bay store closed for two weeks and is currently operating at reduced hours. We…
December 12, 2025
JFP seeking to leverage business from tariff uncertainty
Office furniture supplier JFP Limited is ramping up its salesforce to make a more aggressive play for business in Jamaica, the Caribbean and beyond. It comes amid lagging sales and disappointing…
December 12, 2025
New Fortress posts US$472m gain from Ja exit
Natural gas supplier New Fortress Energy, NFE, earned 60 cents on every dollar invested in Jamaica in the buildout, operation, and eventual divestment of the majority of the country’s LNG…
December 12, 2025
by Steven Jackson
Caribbean Cement ready to supply rebuilding material after Melissa
Caribbean Cement Company Limited said it holds sufficient cement inventory and production capacity to support Jamaica’s rebuilding efforts following Hurricane Melissa, as it disclosed third-quarter…
December 12, 2025
IFC to pump US$15m into regional fund
The International Finance Corporation, the private sector financing arm of the World Bank, plans to invest up to US$15 million in a new sub-fund of the Caribbean Community Resilience Fund, a regional…
December 12, 2025
by Neville Graham
IronRock shrugs off Q3 loss, foresees better outcomes at year end
IronRock Insurance Company Limited has reported losses of $10.13 million for the third quarter ended September 2025, reversing a profit of $7.8 million in the corresponding period last year. But CEO…
December 12, 2025
Barita reports progress on real estate agenda
Barita Investments Limited is reporting progress on its real-estate activities, saying it has assembled a team and secured funding for a couple projects. “Subject to approvals, we will be building in…