The Jamaica Stock Exchange (JSE) Combined Index closed Wednesday continuing a losing trend, declining marginally. The moderate trading ended with an advance/decline ratio of 32/44. The JSE Combined Index declined by 1601.43 points or 0.41 per cent...
Aloun Ndombet Assamba’s departure as CEO of Jamaica’s second-largest credit union, COK Sodality, was announced through a press advertisement, officially ending her second stint running the community bank on a reform agenda on December 31. But while...
The Trump administration on Monday redesignated Cuba as a “state sponsor of terrorism”, hitting the country with new sanctions that could hamstring President-elect Joe Biden’s promise to renew relations with the island. Secretary of State Mike...
The friends from Jackson, Mississippi were among tens of thousands of American tourists who descended on Mexico’s glittering Caribbean beaches at the close of 2020 and the start of this year. Quintana Roo state, the country’s tourism crown jewel...
You don’t have to be a neuroscientist to understand that your brain determines what you see at least as much as the objects of perception do. This is even more the case in the social world, which generally reflects concepts – such as freedom,...
Rubis automates fuel checks amid upgrades Rubis Energy Jamaica has added new technology for gauging fuel inventory at its Old Harbour Road service station in St Catherine, which was recently upgraded and reopened. The cost of the project, which...
Two debt securities valued at $7 billion will list later this month on the JSE Private Bond platform that was launched on Monday by the Jamaica Stock Exchange. “NCB Capital has in fact received a listing for two existing corporate bonds. The total...
Derrimon Trading Company is pumping US$9 million ($1.3 billion) into the acquisition of Brooklyn-based grocery store businesses, FoodSaver New York and Good Food for Less, which sees the distribution company founded by Derrick Cotterell expanding...
With the necessary research and expert consultations out of the way, the Ministry of Health and Wellness is moving to table a working or green paper in Parliament, paving the way for public discussions on the regulation of alcohol abuse. Health...
The Jamaica Stock Exchange (JSE) Combined Index closed Tuesday continuing a losing trend, declining marginally. The moderate trading ended with an advance/decline ratio of 32/44. The combined index declined by 2952.68 points or 0.76 per cent to...
Every January, huge crowds descend on Las Vegas for the CES gadget show, an extravaganza of tech and glitz intended to set the tone for the coming year in consumer technology. CES kicks off this week, but thanks to the pandemic, it will be in a...
The Jamaica Stock Exchange (JSE) Combined Index closed Monday on a losing note, declining marginally. The moderate trading ended with an advance/decline ratio of 32/40. The JSE Combined Index declined by 451.19 points or 0.12 per cent to close at...
With many pointing to the existence of great investment opportunities in the property sector brought about in part by the COVID-19 pandemic, real estate investment company Kingston Properties Limited, which trades as KPREIT, says it is looking to...
Insurance giant, Sagicor Group Jamaica, SGJ, is set to stanch multibillion-dollar losses on its investment hotel portfolio of 20 million shares in international hotel chain Playa Hotels and Resorts, held through several of its associated companies...
Modelling agency and entertainment venue-turned-real estate-developer Pulse Investments Limited has paid up a $250 million debt to bondholders four years early from a funding source that the listed company is not yet disclosing and which is not...
QUESTION: I am writing to you to ask whether an executor can be removed. The situation is that the testator died tragically a decade ago, and the main executor remains overseas and has done nothing towards a probate. The large house belonging to...
It is often said that a good disaster should not be squandered. If you were to follow this maxim for 2021, how could you make the most of last year’s twin evils: a recession and a worldwide pandemic? Most executive teams are happy to have survived...
Amazon has announced US$2 billion in loans and grants to secure affordable housing in three US cities where it has major operations, including a Seattle suburb, where the online retail giant employs at least 5,000 workers. Amazon said it would...
Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home. The COVID-19 pandemic has accelerated the change in how people shop in a world growing more comfortable and savvier with technology. E-...
Tea and other consumer products manufacturer, Jamaican Teas Limited, which has branched out into retail, real estate and other investments, is reporting a near $70-million loss on group activities for the year ending September 30, 2020. This is...
The coronavirus pandemic is coming home to roost in America’s backyards. Forced to hunker down at home, more people are setting up coops and raising their own chickens, which provide an earthy hobby, animal companionship, and a steady supply of...
People in Virginia in the United States have long been sidelined when it comes to gambling, but it’s a safe proposition that sometime before the upcoming Super Bowl, they will be able to wager from the comfort of their couches as Virginia joins a...
Many elder millennials may have learned to manage money much like our parents did: waiting for statements to arrive in the mail, balancing chequebooks and paying in cash. But if you’re planning to impart the same lessons to your own children, ask...
In the United States of America 10.7 million people are out of work as of November 2020, and with 3.9 million of those workers having been unemployed for 27 weeks or more, many have been forced into having tough money conversations as a result of...
The Jamaica Stock Exchange (JSE) Combined Index declined on Friday with an advance/decline ratio of 33/34. The index moved lower by 808 points or 0.2 per cent to close at 391,045 points. The index also closed roughly 193 points lower since...
