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NCB carries no dividend payment into 2021

By |2021-01-29T15:05:17+00:00January 29th, 2021|news|

NATIONAL Commercial Bank Group (NCB) is advising that there will be no interim dividend payment for the first quarter of its 2021 financial year. This represents a continuation of its no dividend payment which occurred for three of the four quarters of its 2020 financial year, which ended last September. Only one dividend payment was [...]

Robinson urges Gov’t to target winners

By |2021-01-29T14:58:46+00:00January 29th, 2021|news|

WITH the economy expected to decline between 12 and 14 per cent this fiscal year, Opposition spokesman on finance, Julian Robinson is urging the Andrew Holness-led Administration to focus on areas of intervention such as agriculture and digitisation to stimulate economic growth. Addressing a meeting of the Rotary Club of Downtown Kingston on Wednesday, Robinson, [...]

FSC plugging regulatory gaps

By |2021-01-29T14:54:30+00:00January 29th, 2021|news|

The Financial Services Commission, FSC, has been working on mechanisms to improve price transparency in the market and the flow of information to the investing public. It’s also been working with the entities it regulates on the realignment of capital and liquidity risk management. Those issue and other reforms to close regulatory gaps have become [...]

Skip to main content Mobile Apps ePaper Login Subscribe Now Kingston Few Clouds 81°F 27°C Fri | Jan 29, 2021 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Food World News In Focus Auto Social eSponsored Shipping Art & Leisure COVID-19 Blogs Classifieds Flair Jobs Elections Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter $40b health tourism project tagged for support to boost India-Ja ties

By |2021-01-29T14:46:51+00:00January 29th, 2021|news|

A health tourism project slated to be developed in Montego Bay over the next five years is among the plans for enhanced collaboration between Jamaica and India being supported by new High Commissioner Runsung Masakui. The tourism project, estimated to cost about $40 billion, will be done by a member of the Indian diaspora in [...]

Bruce Bowen prepping Rock Mobile for market entry

By |2021-01-29T14:41:16+00:00January 29th, 2021|news|

A new telecommunications outfit owned by the former head of Scotiabank Jamaica, Bruce Bowen, and his wife Suzanne Fernando-Bowen, is finalising plans to enter the Jamaican market, though the full scope of the business is yet to be disclosed. Amid the groundwork being undertaken by the company formed in April 2019, Rock Mobile Limited is [...]

IMF: Vaccines will power 5.5% global economic growth in 2021

By |2021-01-28T18:48:00+00:00January 28th, 2021|news|

The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund, IMF, forecast Tuesday. After sinking 3.5 per cent in 2020, the worst year since World War II, the global economy will grow 5.5 per cent this year, the 190-country lending organisation predicted. The new figure for 2021 [...]

JSE Conference | Jefferies urges market caution

By |2021-01-28T18:43:29+00:00January 28th, 2021|news|

Jamaican investors interested in the American financial market are being urged to be cautious in their investment decisions, even as recent market activity has been bullish. Gregory Fisher, Managing Director & Head of Emerging Markets, Fixed Income & Wealth Management at investment company, Jefferies, says the optimism in the US markets is driven by synthetic [...]

Skip to main content Mobile Apps ePaper Login Subscribe Now Kingston Few Clouds 84°F 28°C Thu | Jan 28, 2021 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Food World News In Focus Auto Social eSponsored Shipping Art & Leisure COVID-19 Blogs Classifieds Flair Jobs Elections Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter Clarke to brokers: Stop selling public offerings like candy

By |2021-01-28T18:39:26+00:00January 28th, 2021|news|

Finance Minister Dr Nigel Clarke has appealed to brokers to stop marketing complex public offerings to the general public without adequate risk disclosures. In his address at the Jamaica Stock Exchange’s (JSE) Capital Markets Conference on Wednesday, Clarke said that these offers are at times marketed as if they were consumer goods. “I have seen [...]

as global rivals threaten drugmakers

By |2021-01-28T18:35:09+00:00January 28th, 2021|news|

Despite Jamaica’s expectation of receiving more than 900,000 doses of the coronavirus vaccine for the first phase of the roll-out set for April, the Pan American Health Organisation (PAHO) cautioned on Wednesday that it could not commit to the timelines and amounts for the 190 countries under the COVAX Facility. That revelation comes in the [...]

Customs reports US$15.1 billion in exports

By |2021-01-26T05:26:47+00:00January 26th, 2021|news|

The Jamaica Customs Agency (JCA) says for the five year period commencing January 1, 2016 to December 31, 2020, the total value of exported goods declared was US$15.1 billion. Of this amount, bank and currency notes accounted for 53 per cent, bauxite accounted for 27 per cent, petroleum products accounted for 4 per cent, and [...]

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