Latest News
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
As outsourcing stalls, construction companies eyeing new growth sectors
With the outsourcing sector in Jamaica facing a level of uncertainty at this time, developers of real estate are putting their construction dollars towards space for other types of businesses. Dayton…
December 12, 2025
Anne Krueger | Trump’s effort to pick America’s corporate winners will end badly
For at least the last 150 years, state intervention in picking individual industries and firms to support has been shown to undermine productivity and weaken economic performance. When political…
December 12, 2025
Musk reports Tesla sales jump after months of boycotts
Six months after Elon Musk left the Trump administration, to the great relief of Tesla investors worried about boycotts, the world’s richest man has announced some good news: Sales of Tesla cars are…
December 12, 2025
by Neville Graham
Indies Pharma raises new bond, board to determine roll-out of HQ project
Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing…
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
Pure National ice factory awaiting BSJ sign-off
Nearly a year after its plant was almost totally destroyed by fire, Pure National Limited, Jamaica’s largest manufacturer of ice, says it expects to restore operations shortly. The company is in its…
December 12, 2025
Petrojam buying new crane to replace obsolete equipment
Petrojam Limited, operator of Jamaica’s state-owned oil refinery, is acquiring a new mobile crane. “The procurement opportunity is an urgent one,” said Elon Parkinson, communications manager at…
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…