Category: Business

New Investment Firm Seeks To Raise $787-Million Through IPO

A new investment firm, QWI, is seeking to raise $787-million through an Initial Public offering, IPO. If successful, QWI would be the fifth company to list on the main...

PCJ Confirms 3rd Onshore Live Oil Seep

The Petroleum of Corporation, PCJ, has confirmed the island’s third onshore live oil seep. PCJ says tests by two separate independent laboratories have confirmed...

Monetary Policy Leading To Expansion In Private Sector Credit – Byles

Governor of the Bank of Jamaica, Richard Byles, says the Central Bank’s monetary policy is achieving its aim of driving growth through expansion in private sector...

Imminent World Recession Expands Beyond Economics – Harvard Professor

A US Economist says an imminent world recession, sparked by the ongoing trade war between the United States and China, expands beyond economics.  Panic gripped Wall...

Only 4% Of Jamaicans Do Business Online – IDB Study

Only 4% of Jamaicans utilize online portals to transact government business. That’s according to a recent survey conducted by the Inter- American Development Bank,...

Sagicor Investments CEO Wants All Jamaicans To Own Stocks

CEO of Sagicor Investments, Kevin Donaldson, says he wants to see a Jamaica where everybody owns stocks. This, as Sagicor’s Select Funds listed on the Jamaica...

Sagicor Select Funds Lists On JSE As Second Largest IPO in History

Sagicor Select Funds listed on the main market of the Jamaica Stock Exchange, JSE, this morning. It’s the second largest Initial Public Offering, IPO, in the...

IMF Projects Sluggish Growth of 0.6% for Latin America and the Caribbean

The International Monetary Fund, IMF, is projecting sluggish growth for Latin America and the Caribbean this year. According to its latest regional outlook, the Fund...

Presidents of JBA, CAJ Sign FX Global Code

The Presidents of the Jamaica Bankers Association and the Cambio Association of Jamaica today signed onto the Global Foreign Exchange Code of Conduct. The FX Global Code...

Consortium Takes Over Fly Jamaica From Guyanese Operators

The beleaguered airline, Fly Jamaica is under new management. The airline has been in financial trouble since one of its planes crash-landed last year. It was also...