Business

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,…
VM Investments Limited CEO Rezworth Burchenson.
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…
Gary Peart, CEO of Mayberry Group Limited.
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.…
Graphic of Hambani Estate development by First Rock.
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…
Business
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…
In this September 2013 photo, a technician operates a machine at Elite Diagnostics Limited in Kingston.
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…

Lisa Watts, deputy general manager of Lasco Manufacturing Limited.
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…
Business
December 12, 2025 by Neville Graham

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…

Walter Scott, chairman of Dolla Financial Services Limited.
December 12, 2025 by Steven Jackson

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…