Business

Updated 2 hours ago

Image Plus to pay $620m for recent acquisitions

Image Plus Consultants Ltd (IPCL), which trades as Apex Radiology, disclosed that it agreed to buy two diagnostic imaging companies for $620 million.
The acquisitions were already disclosed, but not the purchase price. It allowed the company to expand its footprint to eight locations across Jamaica.
Management indicated that the total consideration was $620 million, but it still owes some $470 million.

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Updated 2 hours ago

Lee-Chin signs nuclear energy pact in Turkey
Jamaican-Canadian businessman Michael Lee-Chin is pushing into nuclear energy, with his Portland Holdings group signing a memorandum of understanding (MOU) with a Turkish nuclear technology company to…
Updated 11 hours ago

Global Attractions Ltd to buy 80 per cent of Dolphin Cove
A Saint Lucia-based entity has agreed to purchase the 79.99 per cent controlling stake in Dolphin Cove Ltd, bringing to a head more than a year of US bankruptcy proceedings that have held the fate of…
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Updated 10 hours ago by Carolyn Guniss

PriceSmart to open distribution centre in Jamaica as retailer doubles island footprint to four clubs
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Gov’t puts Silver Sands villas up for sale as Harmony Cove project stays dormant
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Mailpac continues growth momentum
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Updated 11 hours ago

St Lucian company to buy majority stake in Dolphin Cove
A St Lucia-based entity has agreed to purchase the 79.99 per cent controlling stake in Dolphin Cove Ltd, bringing to a head more than a year of US bankruptcy proceedings that have held the fate of the…
Business
July 12, 2026

JSE posts 11% first-half gain, matching Wall Street but split widens between main and junior boards
The Jamaica Stock Exchange (JSE) closed the first half of 2026 as one of the exchange’s strongest half-year performances since the pandemic. The JSE Main Market ranked 40th out of 100 indices…
July 12, 2026

Yaneek Page | The missing scorecard: Jamaica needs a national electricity affordability target
Every controversial refereeing decision at the World Cup eventually comes back to one thing: the scoreboard. Fans can argue about penalties, substitutions, and VAR calls for weeks, but the only…
July 12, 2026

Meta appeals landmark jury verdict that found it to blame for social media addiction for young users
Meta, the parent company of Instagram and Facebook, has appealed the verdict of a landmark social media addiction lawsuit in Los Angeles, challenging the jury’s determination that the company designed…