Although Jamaica’s stock market is ranked as the best-performing in the world, the population of investors that trade its listed equities is small, and Marlene Street Forrest wants to see those numbers triple. The number of investors has been growing steadily in recent years, but still falls below 200,000 accounts. “Based on the number of [...]

NCB Capital Markets CEO Steven Gooden chats with Barbados Prime Minister Mia Mottley and JSE Managing Director Marlene Street Forrest at the JSE Conference on Tuesday night. (Photo: Karl McLarty) COUNTRIES with well-developed capital markets experience higher economic growth than countries without, declared the CEO of NCB Capital Markets, Steven Gooden, at the Jamaica Stock [...]

WHILE focus has been shifted to the Mining and Quarrying industry with the reopening of Alpart, former Prime Minister of Jamaica Edward Seaga is adamant that improved efficiencies in the country's agriculture sector will significantly turn around growth prospects for Jamaica. Seaga, who was speaking at the 14th Regional Investments and Capital Markets Conference of [...]

President of the Jamaica Securities Dealers Association and CEO of NCB Capital Markets Limited, Steven Gooden (right), greets former Prime Minister Bruce Golding during day two of the JSE 14th Regional Investments and Capital Markets Conference 2019, at The Jamaica Pegasus hotel in New Kingston on Wednesday, January 23, 2019. The chief spokesman for securities [...]

At least one local luxury resort is looking to cut its annual energy costs as well as reduce its carbon footprint this year. The resort, which has not been named, has secured a deal with Los Angeles-based Capstone Turbine Corporation for a C200 Signature Series integrated cooling, heat and power (ICHP) solution. The system is [...]

Chairman of the Government's Economic Growth Council (EGC) Senator Aubyn Hill yesterday insisted that the council's confidence in their projected 5-in-4 (five per cent in four years) growth figures still stands. According to Senator Hill, who was chairing yesterday's press briefing on the EGC's seventh report on its activities, at Jamaica House, the “playing field” [...]

KINGSTON, Jamaica — Prime Minister Andrew Holness is encouraging Jamaicans to buy shares in public companies. He was speaking yesterday at the 50th anniversary of the Jamaica Stock Exchange Regional Investments & Capital Markets Conference at the Jamaica Pegasus Hotel. Alluding to energy company Wigton Wind Farms, Holness said the Government has been careful in crafting [...]

The search is on for a new governor for the Bank of Jamaica. The new governor will replace Brian Wynter whose contract is due to come to an end in November. In a statement issued Wednesday afternoon, Finance Minister Dr Nigel Clarke said in 2017 Wynter was asked to extend his appointment for two years [...]

Sandals Resorts International (SRI) continues to make a concerted effort to support and buy from the Jamaican farming industry and local manufacturing sector. Jamaica's leading hotel group spends over $500 million a year which equates to 5.4 million pounds of produce for its hotels. Speaking at a luncheon in Montego Bay, Sandals' group director, procurement [...]

Forty years ago, the thought of buying a stock index fund was ridiculed. Why would anyone be satisfied with an investment that promised nothing more than the same return as the market? Later this year, however, US stock index funds may, for the first time, control more in assets than mutual funds run by stock-picking [...]