Category: Business

Consumer & Business Confidence Continue to Soar

Consumer and business confidence continues to grow in Jamaica, reaching a new all-time high in the first quarter of this year. The pollster from Market Research Services...

Wigton Windfarm Puts Up 11-bn Shares in Highly Anticipated IPO

The prospectus for Wigton Windfarm’s highly anticipated Initial Public Offering (IPO) is now out. The Manchester-based company has put up 11-billion shares for sale at...

NCB Continuing Review of Mortgage Policy

The National Commercial Bank (NCB) says it’s institution is re-evaluating its mortgage policy since Finance Minister Dr Nigel Clarke announced new measures in his...

DBJ Targeting 220 Businesses to Boost Investment by $26bn

The Development Bank of Jamaica (DBJ) programmed initiatives for 2019/20 are projected to facilitate investments totalling over $26-billion and engagements targeting 220...

Economic Reform Programme Creating Room for Increased Spending, says Clarke

Finance Minister, Dr. Nigel Clarke, says measures under the Economic Reform Programme are generating the fiscal space to facilitate increased Central government capital...

‘Don’t Fear Inflation Targeting’, says Paraguayan Central Bank Governor

President of Paraguay’s Central Bank, Dr. Carlos Fernandez Valdovinos, says Jamaicans should not be afraid of inflation targeting. Inflation targeting is a...

More Fiscal Discipline & Surpluses to Come

Acting Principal Director in the Fiscal Policy Management Branch, of the Finance Ministry, Trevor Anderson, says Jamaicans can expect more fiscal discipline and...

VMBS Boss Urges Govt to Partner with Developers to Make Housing Cheaper

President and CEO of Victoria Mutual Group, Courtney Campbell, says the government should consider partnering with property developers to find cheaper housing solutions...

New Tax Cuts Expected to Deliver Big Savings to Prospective Home Owners

Jamaicans looking to buy a $10-million house will save nearly $200,000 as a result of the government’s new tax cuts. In his budget presentation last week, Finance...

Jamaica Broilers Reports $14bn in Revenues

The Jamaica Broilers Group is reporting revenues of more than $14-billion in its just-released unaudited financial results for the quarter ended January 26, 2019. This...