Home/2020/February

Fatalities climb to 76

By |2020-02-28T13:38:31+00:00February 28th, 2020|news|

A pall of gloom hangs over the George Alleyne Hall at the University of The West Indies's Mona campus in Kingston, following the death of three residents in a motor vehicle collision yesterday morning. The victims are identified as 20-year-old Devaughn Cunningham, 22-year-old Romario Nedrick, and 23-year-old Lamaro Cole. They were students at the University [...]

How to avoid a personal data

By |2020-02-27T14:09:40+00:00February 27th, 2020|news|

The recent inadvertent disclosure of personal data at some major financial institutions in Jamaica has signalled the need for organisations to take a very robust approach to the way in which they handle the personal data of customers. Organisations may face significant penalties and fines for failing to properly handle the personal data of its [...]

Jamaica’s 2019 January to November imports up by 3.9%, exports down 15.6%

By |2020-02-27T14:06:47+00:00February 27th, 2020|news|

Jamaica's imports for January to November 2019 were valued at US$5,905.5 million, an increase of 3.9 per cent when compared to US$5,682.4 million which was spent for the similar period in 2018 according to the International Merchandise Trade (IMT) Bulletin. The bulletin was released earlier this week by the Statistical Institute of Jamaica (STATIN). The [...]

20 quarters of positive growth

By |2020-02-27T14:03:07+00:00February 27th, 2020|news|

The Planning Institute of Jamaica (PIOJ) in its latest review of economic performance has said that based on the continued stability of the macroeconomic environment, the outlook for the economy remains positive. Speaking yesterday at its quarterly briefing and giving a review of the October to December 2019 period, Dr Wayne Henry, director general of [...]

General Accident achieves record profit

By |2020-02-27T13:56:14+00:00February 27th, 2020|news|

General Accident Insurance Company Jamaica Limited (General Accident) reported Friday last (February 14) record premiums and earnings for its financial year ended December 31, 2019 and expanded its reach beyond Jamaica for the first time. “General Accident produced the largest premiums and net profits in our history last year and generated a return on average [...]

PIOJ considers COVID-19 effect on economy

By |2020-02-27T13:52:31+00:00February 27th, 2020|news|

The Planning Institute of Jamaica (PIOJ) has said that arising from the global threat of the novel coronavirus (COVID-19), they have factored the likelihood of its impact negatively affecting the economy — particularly through reduced export earnings and weakened production performance within several industries. Dr Wayne Henry, while speaking at a media brief on yesterday, [...]

The case for mutual funds

By |2020-02-23T15:36:24+00:00February 23rd, 2020|news|

Each investor must find their style and preferred type of investment. This is not dissimilar to a person shopping for an outfit where one particular dress may make you look fat, but someone else looks fabulous in the very same outfit.   To drag out the analogy a little more, we have all been in [...]

The stars are aligned – Mark Chisholm

By |2020-02-23T15:29:38+00:00February 23rd, 2020|news|

Top Sagicor advisors and executives turned out on February 13 to Jamaica Pegasus in New Kingston to attend the Sagicor Life Jamaica Half-Way-Tree branch 50th Golden Awards ceremony. The ceremony honoured and acknowledged outstanding team members who excelled and performed exceptionally well in 2019. The soiree was also deemed memorable as Half-Way-Tree was the first [...]

TransJamaican UPSIZES

By |2020-02-23T15:23:40+00:00February 23rd, 2020|news|

NCB Capital Markets Limited (NCBCM), lead arranger for the TransJamaican Highway (TJH) initial public offer (IPO), has taken the decision in conjunction with the National Road Operating Constructing Company (NROCC) – the parent of TJH, to upsize the offer by an additional two billion shares. This decision, the lead brokers has said, was taken based [...]

Exodus launches into insurance market

By |2020-02-23T15:08:55+00:00February 23rd, 2020|news|

In what was described as an almost divine appointment, the founders of Exodus Insurance Brokers have articulated how they have charted a path in becoming the newest brokerage firm to enter the insurance market. The business principaled by long-time insurance underwriters Garfield Coke and wife Dawnet Coke has pledged to break away from tradition by [...]

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