Category: Business

Experts Split Over Impact of Gov’ts Low Interest Rate Policy

Financial Analyst, Dennis Chung says he supports the government’s pursuit of lower interest rates. His comments follow a statement by Economist and financial...

NCB To Reverse Late Fees, Charges For Customers Affected By System Upgrade

Boothe says the bank has made substantial progress over the weekend in rectifying the issues.

GraceKennedy Group Quarterly Profits Drop

According to Group CEO, Don Wehby, the indicators that the Group performed well, are clear.

95% of Salary Files Affected by NCB Technical Issues Processed

National Commercial Bank, NCB, says over 95-percent of salary files that were affected by technical issues last week have been processed. In a statement yesterday, the...

Economist Says Gov’t Is Hurting Savers & Pensioners By Lowering Interest Rates

Mr. Jackson says the lower interest rates on savings are driving some people to the stock market where they can get better returns.

EPOC Chairman Calls For Flexible Exchange Rate, NIDS Implementation

His comments follow robust discussion in recent times among stakeholders calling for the anchoring of the Jamaican dollar to the US dollar

Bunting Challenges Investors

Opposition Spokesman on Investment, Peter Bunting, says investors who may want to shy away from potentially adverse public comments about deals they’ve agreed with...

Wigton Windfarm Makes History With Most Applications Ever Received For An IPO

The stock ended its first day of trading at 66-cents a share, up 32% over its initial share price of 50-cents.

Jamaica Outperforms Fiscal Targets – EPOC

The Economic Programme Oversight Committee, EPOC, says Jamaica outperformed its fiscal targets amidst aggressive policy moves by the Bank of Jamaica, BOJ. The...

Key Insurance Reports 5% Decline In Gross Premium Income

Key Insurance Company is reporting a 5-percent reduction in gross premium income for the first quarter ended March 31, 2019. Premium income for the period was nearly...