The Jamaica Stock Exchange in the old Myrtle Bank Hotel in downtown Kingston. IN 2015, the Jamaica Stock Exchange (JSE) was declared by US financial news entity Bloomberg as the best performing stock exchange in the world, a feat which was repeated three years later in 2018. Those two years were the pinnacle of market [...]

Playa continues to credit Jamaica's performance to its improving financials. Playa Hotels and Resorts NV has once again credited Jamaica's tourism market for the growth of its business which experienced a four per cent jump in third quarter revenue to US$213.15 million. The Dutch-based hospitality firm, which operates in Mexico, the Dominican Republic and [...]

THE calls are getting louder from private sector individuals for the Government to start taking steps to mitigate an impending labour crisis that could emerge from the tightening job market with unemployment at a historic low of 4.5 per cent. Businessmen who spoke to the Jamaica Observer on the matter say the issue is becoming [...]

CIBC FirstCaribbean (Photo: Garfield Robinson) CIBC FirstCaribbean International Bank Limited (CIBC FCIB) is planning to rebrand its business to that of its Canadian parent company in the coming financial year (FY) at a time when it is exiting the Dutch Caribbean. CIBC FCIB will adopt the name of its parent and be known as CIBC [...]

CB Financial Group received approval from its shareholders for an APO. Shareholders of NCB Financial Group Limited (NCBFG) approved all three resolutions at its extraordinary general meeting on Tuesday as the financial conglomerate moves to raise billions in new capital to reduce debt and further bolster its capital. The company can now approach regulators and [...]

CHAIRMAN of the Margaritaville Caribbean Group Ian Dear said the country will have to soon act with "absolute urgency" to address a tightening labour market with imported labour, particularly for entities operating in the hospitality sector, if the recent boom in the tourism industry is to be sustained. Dear, however, added that all avenues to [...]