Business

Business
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…

Cecil Foster, managing director of FosRich Company Limited.
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…

In this March 2010 Gleaner photo, Blue Power cake laundry soap is seen on the assembly line at the plant in Kingston.
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…
Business
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…
Dino Hinds, CEO of MFS Capital Partners Limited.
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…
Jeffrey Hall, CEO and vice-chairman of Pan Jamaica Group Limited.
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…
Business
December 12, 2025

R.A. Williams chalks up first-quarter loss

R.A. Williams Distributors Limited made a net loss of $1.9 million for the first quarter ended July, reversing a profit of $24 million for the same period last year. The company attributed the…
Theresa Lindo, managing director of Pure National Limited.
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…