Business
December 12, 2025
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…
December 12, 2025
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…
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
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
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…
December 12, 2025
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…
December 12, 2025
CEAC to triple its burn capacity for industrial waste
CEAC Outsourcing Company Limited plans more than triple the capacity of its waste-burning furnace in St Catherine to meet rising demand for medical and industrial waste disposal. The company is in the…
December 12, 2025
Genac shoots past prior-year results but Melissa a new complication
Just nine months in, General Accident Insurance Company Jamaica Limited’s earnings have already surged past the full-year results for all of 2024, performance that positioned the insurer for a strong…
December 12, 2025
by Neville Graham
Jam Teas grows yearly earnings
Jamaican Teas Limited emerged relatively unscathed by Hurricane Melissa, with no damage to its complex at Temple Hall nor its supermarket and unsold studio apartments. Additionally, two-thirds of the…