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from left, President of CAPS, Nicolette Jenez, Amy Wolliston of the Cayman Islands, and Senior Partner of TELUS Health, Al Kiel. Pension valuations are recovering but require stronger oversight to detect fraud, according to the acting director general at the Financial Services Commission, Major Keron Burrell. “Recent scandals have shown that the framework for fighting […]
he personal information of some Government ministers, several parliamentarians, former senators, and titans of industry have been exposed in a cyberattack on boutique brokerage firm Mayberry Investments Limited by the Play Ransomware Group. The information, which goes as far back as 2009, includes margin loans, the portfolio sizes of various individuals and other private details. […]
VM Group puts out feelers for local, regional acquisitions Published:Sunday | May 28, 2023 | 12:30 AM President & CEO of VM Group Limited, Courtney Campbell. VM Group Limited has its feelers out for attractive businesses to buy, on the heels of the $11 billion raised on the private market from an offer of […]
STRATUS Alternative Fund SCC (Stratus), the alternative investment platform operated by NCB Capital Markets Limited (NCBCM), announced its landmark investment in the first full-service cancer treatment facility in Jamaica and the western Caribbean. Stratus has provided equity financing of US$1.5 million to Alliance International Medical Limited (AIM) through its Private Equity and SME Fund. “By […]
ICHAEL Lee-Chin, the majority shareholder of the NCB Financial Group, has made it as plain as day that he is planning to set up a nuclear power plant in Jamaica, whenever the country’s policies and regulations allow for it. “One hundred per cent,” Lee-Chin said in response to a query from the Jamaica Observer about […]
Business Agriculture withers in Q1 from drought Jun 07, 2023 12:07 am · Make a comment According to PIOJ data, real value added for the agriculture industry contracted by 7.6 per cent, based on PIOJ’s production index, reflecting the impact of adverse weather conditions, particularly drought. Lower crop yields as a result of an extended […]
XPONENTIAL start-up costs, qualified employees, proper waste disposal and site selection are being cited as factors for Jamaica’s shortfall to be able to successfully establish a nuclear energy facility on the island. The concerns were raised by Dr Dennis Minott, a scientist trained in applied nuclear physics, with a PhD in physics and undergraduate training […]
Executive director of the Caribbean Policy Research Institute (CAPRI) Dr Damien King has cautioned that Jamaica’s achievement of macroeconomic stability should not be seen as an end in itself, but rather a springboard for realising economic growth. Dr King was part of a panel discussion during the Private Sector Organisation of Jamaica (PSOJ) President’s Forum […]
