Category: Business

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Oil hits Month-long High

The price of oil has hit its highest level for a month in response to the US military’s missile attack on a Syrian government airbase. The price of Brent crude...

First Caribbean CIBC ATM

First Caribbean Upgrades ATMs

Some First Caribbean customers and tourists will now be able to get US dollars at the ATM. CIBC First Caribbean announced today that it’s upgraded several of its...

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Kingston Properties to Propose 2-for-1 Stock Split

Kingston Properties Board Of Directors is set to recommend a two-for-one stock split to shareholders at its Annual General Meeting scheduled for May 16. The directors...

Karl-Samuda Official Agri

Agriculture Sector on Course for Significant Growth

Agriculture Minister, Karl Samuda, says the sector is on track to record significant growth. Agriculture was the biggest driver of economic growth last year according to...

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Digicel to Expand LTE Regionally

Digicel has announced it will be expanding its 4G LTE networks across its 26 markets in the Caribbean and Central America. The expansion is being done under an agreement...

Audley-Shaw Minister

Shaw Launches Financial Inclusion Strategy

The government has taken another step to reach the approximately 40-percent of Jamaicans who only do business in the informal sector. This, as Finance Minister, Audley...

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Scotia Reviewing Dormant Fees

Another of the country’s major commercial banks has relented in the fight against fees they charge on so-called dormant accounts. Scotiabank today announced that...

BOJ HQ

Shaw Slashes BOJ Lending Rates

Finance Minister, Audley Shaw, has announced new lending rates to the Bank of Jamaica. He says this should translate into lower loan rates from commercial banks to...

scotiabank-photo

Scotia Moving Nearly 100 Jobs to T&T

President of the Bustamante Industrial Trade Union, Senator Kavan Gayle, says he’s sought support from trade unions in the region following plans by Scotia Bank to...

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CIBC Suspends Dormant Account Charges Immediately

Another commercial bank is suspending dormant account charges effective immediately. CIBC FirstCaribbean International Bank made the announced this morning in a...