The Caribbean Development Bank (CDB) for the second time raised funds from the German capital market via bond issues totalling US$150 million. The funds raised from 20-year US$100 million and 22-year US$50 million bonds were offered on the German market on October 15 by Deutsche Bank AG. Prior to this transaction, the CDB raised EUR250 [...]

AddThis Sharing Buttons Share to Print Share to FacebookShare to TwitterShare to EmailShare to More 2 A report from the World Bank is indicating that global wealth has grown overall but the distribution of this wealth has become far more unequal. The report, The Changing Wealth of Nations, tracks the wealth of 146 countres between [...]

Automattic Inc, the San Francisco, California, US-based company behind blogging platforms WordPress.com , Tumblr and others, is seeking data scientists based in the Caribbean to onboard, with the promise that relocation is not necessary in order to earn top dollar. In a press notice, the company said it is partnering with regional tech ecosystem and [...]

Failure to keep proper accounting could result in a company filing for bankruptcy, but keeping good accounting records may also be the saviour during such proceedings. According to immediate past president of the Jamaican Bar Association and head of litigation at DunnCox — a Kingston based lawfirm — Emile Leiba, bankruptcy signals the end of [...]

How well do you manage money? Not nearly as well as you think, studies show. The lack of financial literacy education in Jamaica has had devastating effects on our people — effects we have come to accept as normal. Ideally, financial education would be taught in the home at a young age by responsible parents. [...]

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 [...]