An investment fund is a financial vehicle that pools money contributed by a group of individuals to invest in different types of assets. There are numerous investment funds and numerous ways to classify them; however, they are most often categorised according to the type of asset in which they invest. A bond fund, as the […]
Oil prices are on the rise and consumers have already started to feel the financial pinch. For many, the oil and gas market has become a roller-coaster ride, up today and down tomorrow. Let’s not forget oil prices plunged into negative territory last year when the price of West Texas Intermediate (WTI) crude dropped by […]
Following the central bank’s monetary policy decision to raise interest rates, companies like National Commercial Bank (NCB) and Scotia Group Jamaica have started to see a decline in the value of their stocks. This movement in the market has dragged down the overall value of the Jamaica Stock Exchange (JSE) main index, as NCB and […]
PRESIDENT and CEO of RedPlate Technologies Jamaica Limited, Aldo Antonio is of the view that a vast majority of commercial vehicles with green plates on Jamaica’s roads are losing money because they are either empty or at half capacity. To this end, he proposes that “these owners and/or drivers, as a RedPlate transporter, can avoid […]
AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 1 Why did the Bank of Jamaica (BOJ) increase its policy rate? What will the economy look like after the rate hike in this current operating environment? Will the increase present any opportunities? How can investors prepare for what is […]
Critical illnesses can be defined as any major life-threatening condition such as stroke, heart attack and, of course, cancer. Insurance against such events is considered an important part of financial plnning. Insurance can provide funds for illnesses such as a cancer diagnosis which could cost millions for treatment. Coverage under a critical illness plan will […]
Health insurance premiums are expected to increase as a perfect storm of events converge to push up costs. Insurance industry leaders say that they have been holding back on upward revisions since the start of the COVID-19 pandemic, opting instead… https://jamaica-gleaner.com/article/business/20211016/health-insurance-premiums-spike-driven-medical-inflation
A new feature has arrived on Instagram, and businesses should be excited about it. Instagram has now added WhatsApp to its connection tabs on Instagram business profiles. It is another way for your customers to get in touch, spark conversation and facilitate a personal feel with your Instagram community. Facebook disclosed that over 70 per […]
Victoria Mutual (VM) Group has received high marks from The Banker, a Financial Times publication out of the United Kingdom which has ranked the entity as the overall second-highest performer among financial institutions in the region last year. The financial paper in its assessment ranked the VM Group high among all other mutual organisations outside […]
Jamaica’s central bank wants cash-intensive industries to set up digital wallets to pay pensioners, enable toll road payments, and facilitate remittance flows. That would cover nearly one million people, cumulatively, based on the figures cited by Bank of Jamaica Governor Richard Byles during the Anti-Money Laundering/Counter Financing of Terrorism virtual conference on Wednesday, put on […]
