Business
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…
December 12, 2025
Blue Power to expand into liquid soaps in two years
Blue Power Group Limited, a manufacturer of cake and bar soaps, is preparing to enter the market for liquid soaps within the next two years. “Our end goal is to expand beyond just bar soaps. Our team…
December 12, 2025
Barita predicts stable market environment in months ahead
Barita Investments Limited expects the Bank of Jamaica, BOJ, to defend the dollar against sharp swings, and hold interest rates steady until next year to spur the rebuilding of infrastructure and…
December 12, 2025
Forex dealings boost MFS bottom line
MFS Capital Partners Limited has doubled its earnings in the September quarter, with foreign exchange trading emerging as a key driver of profitability. Revenue in the period rose to $41.43 million,…
December 12, 2025
by Steven Jackson
Court orders cops to return confiscated ganja to grower Zion Yard
In a celebrated ruling in August, the St Elizabeth Parish Court ordered the release of 295 pounds of marijuana seized from Zion Yard, a Rastafari community authorised to cultivate the herb for…
December 12, 2025
Pan Jamaica profit hits quarterly milestone
Pan Jamaica Group Limited delivered profit of $2.01 billion for shareholders in the second quarter ending June, up 91 per cent from the same period last year. CEO Jeffrey Hall called the result a…