A new study has found that finance professionals in the Caribbean strongly prefer to work from the office rather than engage in either remote or a hybrid work arrangement. The study, ACCA’s Global Talent Trends in The Americas 2023, found that the pandemic did not move Caribbean financial professionals towards hybrid and remote working as […]
Iran and Saudi Arabia were among six countries invited Thursday to join the BRICS bloc of developing economies in a move that showed signs of strengthening a China-Russia coalition as tensions with the West spiral higher. The United Arab Emirates, Argentina, Egypt and Ethiopia were also set to enter BRICS from January 1, 2024, joining […]
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NCB Financial Group is restructuring its fintech subsidiary TFOB (2021) Limited, which trades as Lynk, resulting in job losses particularly among employees engaged as contractors. It is also likely to affect some department heads. NCB has not detailed the size of the job cuts, saying that the changes are still being implemented. For now, the […]
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Caribbean Assurance Brokers is looking to launch a new platform later this year. After its regional expansion plans were grounded to a halt because of the pandemic, Caribbean Assurance Brokers Limited (CAB) has ramped up its spending on technology as it looks to improve its growth profile. The local insurance broker spent $36.77 million on […]
ONSUMER prices ticked higher for a third-straight month in July as the prolonged drought continues to cut supplies of agricultural produce, sending up the cost of dining both at home and at restaurants, but analysts say they don’t expect the Bank of Jamaica (BOJ) to change its stance on interest rates in the near future. […]
THE pace of growth in the local economy slowed in the first half of this year to 2.9 per cent as the country completed the recovery from the pandemic-induced decline and settle down to lower rates of expansion. The Planning Institute of Jamaica (PIOJ), who revealed the preliminary data for the country’s growth over the […]
ial planning and how they can provide greater comfort and safety for the future. Although it is popular to encourage young people to invest, it is even more important for clients over the age of 70 to maintain or to begin investing prudently. There are many examples of people who are living longer and healthier […]
The Financial Services Commission (FSC) has proposed new guidelines for collective investment schemes (CIS) which cover unit trusts and mutual fund offerings in a bid to enhance regulatory oversight and better govern the $345-billion CIS industry. These newly proposed guidelines are set to take effect on December 1, subject to transitional arrangements for some investment […]
