New portal for stock market investors

By |2023-02-20T21:41:53+00:00February 20th, 2023|news, Uncategorized|

Investors who hold stocks, bonds and other securities and have them deposited at the Jamaica Central Securities Depository, now have a web-based portal that can take care of queries about their accounts and give real-time updates on securities that they have deposited with the JCSD. The platform was installed by Developers Software Architects Limited [...]

Accountant shortage?

By |2022-12-25T13:35:24+00:00December 25th, 2022|news, Uncategorized|

PEART...people are encouraged to hire trained chartered accountants, pay a fair wage and ensure they are recruiting and hiring our young people to ensure that we have a surplus of accountants. Accounting and auditing firm KPMG is reporting that there's a shortage of chartered accountants and information technology auditors. Speaking in an interview with the Jamaica [...]

Update: BOJ launches new banknotes, to phase into circulation by June

By |2022-12-19T15:46:13+00:00December 19th, 2022|news, Uncategorized|

Update: BOJ lanches new banknotes, to phase into circulation by June Share Published:Friday | December 16, 2022 | 9:52 AM Previous Next Gladstone Taylor Deputy Governor of the Bank of Jamaica Natalie Haynes displays a straightened-out specimen that was crumpled to demonstrate the hardiness of the new banknotes launched on Thursday, December 15, at the [...]

Soaring food prices push inflation to 40-year high

By |2022-10-19T15:47:22+00:00October 19th, 2022|news, Uncategorized|

UK food prices are rising at their fastest rate in 42 years as the cost of living crisis continues to squeeze household budgets. Food costs jumped 14.6% in the year to September - the biggest rise since 1980 - with bread, cereal, meat and dairy prices all climbing. It comes as people also struggle [...]

VM targets big pensions market

By |2022-09-09T23:53:18+00:00September 9th, 2022|Uncategorized|

VM targets big pensions market Share Published:Friday | September 9, 2022 | 12:08 AM With some 815 private pension plans covering only a fraction of Jamaica’s 1.2 million workforce, the deal inked Tuesday by VM Pensions and the Jamaica Manufacturers and Exporters Association, JMEA, for a private pension plan covering workers in the manufacturing sector, [...]

BUSINESS Sagicor Financial credit ratings under review

By |2022-09-08T09:57:52+00:00September 8th, 2022|Uncategorized|

Business Sagicor Financial credit ratings under review BY DAVID ROSE Observer business writer davidr@jamaicaobserver.com Sep 07, 2022 12:18 am · Sagicor FInancial Company's head office at the Cecil F De Caires Building in St Michael, Barbados. Sagicor Financial Company Limited (SFC) and its subsidiaries have had their credit ratings put under watch and review by [...]

New beer comes to market 24 Karat pushes for local penetration

By |2022-08-25T12:34:06+00:00August 25th, 2022|Uncategorized|

r. NEW entrant in the alcoholic beverage market, 24 Karat beer is moving to significantly increase market shares as it sets a precedent for growth in Jamaica over the next few years. Manufacturer and entrepreneur Peter Bovell and his business partner Richard Lee are the co-founders and owners of the local start-up company, Two Jamaican [...]

Growth momentum continues

By |2022-08-24T20:02:58+00:00August 24th, 2022|Uncategorized|

The Planning Institute of Jamaica (PIOJ) in its latest preliminary data on gross domestic product (GDP) performance has estimated growth of 5.7 per cent during the April-June quarter. Director general of the PIOJ Dr Wayne Henry, speaking at a quarterly briefing on Thursday, said that growth was largely influenced by the continued removal of [...]

Imports increase 34% — Statin report

By |2022-08-24T19:47:30+00:00August 24th, 2022|Uncategorized|

Consumer goods moved from US$429.6 million in 2021 to US$592 million in the period under review, reflecting an increase of 37.8 per cent JAMAICA'S imports for January – April 2022 grew by 34.4 per cent in value when compared to the same period in 2021, according to figures from the Statistical Institute of Jamaica (Statin). [...]

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