IMF projects Jamaica’s economy could grow by 4.6% this year
Another surge in consumer prices in September pushed inflation up 5.4 per cent from where it was a year ago, matching the highest shift since 2008 as tangled global supply lines continue to create havoc. US consumer prices rose 0.4 per cent in September from August as the costs of new cars, food, gas, and […]
Jamaica bucks the trend
The International Monetary Fund (IMF) has revised its forecast for Jamaica’s economic recovery, now saying it expects growth to reach 4.6 per cent this year. The figure, which was released in the World Economic Outlook yesterday, is up from the 1.5 per cent expansion the IMF forecast in April and confirmed the recovery from last […]
Jamaica unlikely to leave anti-money laundering grey list, says Minister Clarke
Despite making significant progress in strengthening Jamaica’s anti-money laundering/counter-financing of terrorism (AML/CFT) framework, Minister of Finance Dr Nigel Clarke says the court proceedings between the Jamaican Bar Association and the Government will delay the country from leaving international money-laundering lists. “… Because it is before the court I don’t want to say too much on […]
Petrojam boss warns Jamaicans to start conserving as global oil prices surge
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Rising input prices hurting farmers
AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 1 MANDEVILLE, Manchester — Scores of farmers across Jamaica are reeling from rising prices for fertiliser, crop seedlings, and seeds, which have significantly hiked their production costs. President of the Jamaica Agricultural Society (JAS) Lenworth Fulton says prices are up […]
Trinidad and Tobago land sale ensues as CL Financial finally wound up
FOLLOWING the August 2020 judgement over disputed matters between liquidators and shareholders of Trinidad and Tobago-based CL Financial, a company which was once the largest financial conglomerate in the Caribbean, property belonging to the company is now being placed on the market for sale. Liquidators, having clearly determined the totality of assets available for sale, […]
WiPay Jamaica bringing more digital money options to the populace
WIPAY Jamaica is bringing in more digital money options, with the latest option being an untransferable, unique QR code identifier embedded with digital fiat (digital money). WiPay, the Caribbean’s leading fintech company, has unveiled this new digital payment option with the launch of its WiCare Digitial Grant Initiative in partnership with St Elizabeth South Western […]
Ways to live within your means
Today we are inviting you to test your level of creativity by finding new ways to live within your means and save more. Here are a few tips from us. 1. Kill pride and laziness and make a budget. As boring as it appears, planning what to spend your money on and tracking what you […]
Cayman-based Briat Insurance acquired by global broker Gallagher
Global insurance broker Arthur J Gallagher & Company recently acquired Briat Insurance Limited, another brokerage firm based in Grand Cayman. Though the details of the transaction were not disclosed, Gallagher, in pushing its aggressive mergers and acquisitions (M&A) strategy, said that the latest acquisition aligns well with its mission of offering world-class risk management solutions […]
How has the Junior Market changed businesses?
As we continue our review of the Jamaica Stock Exchange (JSE’s) Junior Market over the last decade, we asked the leading players behind the companies listed to share their reasons for listing and the benefits derived so far. Below are details about the most recent performance of two JSE-listed companies. Jamaican Teas Limited (JAMT) […]