Category: Business

BOJ Set to Meet Inflation Target

Inflation is inching closer to the Bank of Jamaica’s lower target of 4%. According to data from the Statistical Institute of Jamaica, STATIN, inflation between...

BOJ Reduces Cash Reserve Requirements But The Informal Economy Could Missout on The Benefits

President of the Jamaica Bankers’ Association, David Noel, is warning that the informal business sector in Jamaica might not see the full benefits of the Bank of...

BOJ Reduces Cash Reserves Requirement from 9% to 7%

The central bank says the timing and scope for the next reduction will be determined by market conditions.

Lee Chin Says He’d Walk Away From Rooms on the Beach Deal

Chairman of the Economic Growth Council, EGC, Michael  Lee Chin, is raising concerns about speculations surrounding foreign investor, Puerto Caribe Properties Limited....

Wigton Set for Listing on JSE Next Week

Wigton will list on the JSE next week, which will open up the stock for public trading.

VM Investments Report $118 Million in Net Profits

Victoria Mutual Investments is reporting consolidated net profit of nearly 118 million dollars for the first quarter ended March 31, 2019. Victoria Mutual says this is...

Itel Smart Solutions Is Caribbean BPO of the Year

The company also secured Employer of the Year at the recent BPO awards ceremony.

NCB Completes Acquisition of Guardian Holdings

NCB Financial Group now owns nearly 62-percent of the outstanding shares in Guardian Holdings.

GraceKennedy Group Reports 1st Quarter Revenues of Approximately $26B

This represents an increase of just over 4% or a billion dollars over the corresponding period of 2018.

Peter Mark Chin Leaves Lasco After 27-years

Peter Mark Chin has resigned from the position of Deputy Executive Chairman and Managing Director for LASCO Distributors. The LASCO Affiliated Companies made the...