Business
12 Dec, 2025
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JSE stocks down, but US equities market shines post-Melissa
Amid continuing market softness, US equities on the Jamaica Stock Exchange notched substantial gains in value, growing their market capitalisation by nearly eight per cent in the first month following…
12 Dec, 2025
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Golden Krust to expand 50% in five years under new CEO
Golden Krust Caribbean Bakery & Grill, the brand that brought the Jamaica’s beloved patties to multiple parts of America, is about to expand under a five-year programme that should grow the…
12 Dec, 2025
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Election spending a boon for some businesses
With the general election reaching its climax on Wednesday, September 3, some businesses are counting windfall earnings from the provision of goods and services to boost both major political parties…
12 Dec, 2025
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Fontana paid $854m for Monarch pharmacy chain
Fontana Limited acquired the Monarch chain of pharmacies for four and a half times its asset value, new disclosures about the deal show. The purchase price was $854 million, noted the auditor of…
12 Dec, 2025
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FTC drafts rules on exclusive selection of service providers
The Fair Trading Commission, FTC, has released draft guidelines that could shake up the system utilised by certain companies to select third-party service providers. Customers are often directed to…
12 Dec, 2025
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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…
12 Dec, 2025
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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…
12 Dec, 2025
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NCB lists US$7.5m residence for sale
National Commercial Bank Jamaica Limited has listed a luxury residence at Earls Court for US$7.5 million. The listing for sale — now live on Sotheby’s International Realty — indicates that the…
12 Dec, 2025
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Image Plus reverses second-quarter losses
Image Plus Consultants Limited, which trades as Apex Radiology, has reversed a loss of $16.25 million to turn a profit of $9.37 million in the second quarter ending August. The medical diagnostics…