New leadership announced at NCB Financial Group amid shakeup
The NCB Financial Group Limited (NCBFG) today announced the appointments of Robert Almeida as Interim Group Chief Executive Officer and Malcolm Sadler, Chief Financial Officer of National Commercial Bank Jamaica Limited (NCBJ), as Interim Group Chief Financial Officer, subject to regulatory review. The company also announced the appointment of Bruce Bowen as Special Advisor to […]
‘Nothing to worry about’
CHAIRMAN oF the NCB Financial Group (NCBFG) Michael Lee-Chin has sought to assure customers that they have “nothing to worry about” as he rings in changes throughout the group to make it more efficient and customer-friendly. Lee-Chin, in an exclusive interview with the Jamaica Observer shortly after a terse notice was sent to the Jamaica […]
Public passenger transport operators form steering committee
Minister of Science, Energy, Telecommunications and Transport, Daryl Vaz, ( second right), holds discussions with taxi operators and vendors during a visit to the Ocho Rios Transportation Centre in St Ann on Thursday ( July 13). Also taking part are Transport Authority Chairman, Owen Ellington (right), and Deputy Mayor of St Ann’s Bay, Councillor Dalas […]
Central bank warns about possible counterfeit of banknotes
RIDGETOWN (CMC) The Central Bank of Barbados (CBB) says while the new polymer notes are not impossible to counterfeit, it has to date received no fake notes from the 2022 banknote series. https://jamaica-gleaner.com/article/news/20230717/central-bank-warns-about-possible-counterfeit-banknotes#google_vignette
Does artificial sweetener aspartame really cause cancer?
The International Agency for Research on Cancer (IARC), which is the specialised cancer agency of the World Health Organization, has declared aspartame might be a possible carcinogenic hazard to humans. Another branch of the WHO, the Joint WHO and Food and Agriculture Organization’s Expert Committee on Food Additives, has assessed the risk and developed recommendations […]
Export woes
LOCAL small business owners have expressed that they are encountering too many barriers when trying to capitalise on the international export market. On Wednesday, which was the opening day of the 9th staging of the ‘Christmas in July’ trade show, a two-day event held at the AC Hotel Kingston, the Jamaica Observer spoke with a […]
Business The real return on real estate
AN investment in real estate can provide both income and capital gains to the investor. In analysing the returns on their investment portfolio, many believe that real estate as an asset class has shown to be one of the most lucrative over the long term. It is often said, “You cannot lose with brick and […]
Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter China exports slump 12% in June
China’s exports tumbled 12.4 per cent in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering. Customs data released Thursday showed imports slid 6.8 per cent to US$214.7 billion. Exports edged up slightly from the […]
Duncan: High interest rates and wages potential threats to economic targets
Higher interest rates and recent wage spikes could adversely affect economic targets, said the chair of EPOC, even while asserting that the salary increase for the political director was overdue. “We have to pay close attention so that our growth targets are not impacted,” said Keith Duncan, chairman of the Economic Programme Oversight Committee at […]
Business Public sector wage increases drive up fiscal expenditure
ens. A 26 per cent or $30.7-billion increase in total government expenditure, largely driven by the recent public sector compensation exercise, stood among the key highlights of the fiscal performance review delivered by the Economic Programme Oversight Committee (EPOC) Thursday. Describing the undertaking as unprecedented and one “never seen in the history of Jamaica”, chairman […]