The Jamaica Stock Exchange (JSE) Combined Index declined 1,240 points to close at 369,271 points with an advance / decline ratio of 37/29 on Thursday. Overall market activity 82 stocks traded 37 advanced 29...
Published:Thursday | September 24, 2020 | 12:13 AM
A major US asphalt company agreed to pay US$16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts. The...
Published:Wednesday | September 23, 2020 | 8:23 PM
The Jamaica Stock Exchange (JSE) Combined Index declined by 544 points to close at 368,033 points with an advance/decline ratio of 28/31 on Wednesday. Overall market activity 69 stocks traded 28 advanced 31 declined...
Published:Wednesday | September 23, 2020 | 12:14 AM
Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel. The world’s largest sports apparel maker on Tuesday reported a net profit of US$1.5 billion...
Salada Foods Jamaica will know next month whether it must change its formulation to accommodate new quota rules for Jamaican beans in its coffee blends, or whether it is its regulator that will be dragged back into line by the Supreme Court. The...
Port container volumes in Kingston have fallen during the pandemic. The contraction still resulted in Kingston ports outperforming more than half of the other city ports in the Americas, regional shipping data shows. Cargo shipments into Kingston...
Published:Wednesday | September 23, 2020 | 12:10 AM
This year was supposed to bring great things for Guyana. ExxonMobil discovered massive oil deposits off the South American country’s Caribbean coast in 2015, and Guyana sold its first cargo of crude oil this February. As production ramps up, its...
Published:Wednesday | September 23, 2020 | 12:08 AM
NLA upgrades property search portal JAMPROP NLA upgrades property search portal JAMPROP National Land Agency, NLA, has added new features to the Jamaica Property Sales online portal, a paid for service branded as JAMPROP. In addition to sales...
Published:Wednesday | September 23, 2020 | 12:07 AM
Business process outsourcing company IBEX is pumping US$2.3 million into its fourth contact centre, located in Ocho Rios, St Ann. The facility, which is initially to have 400 seats, is being leased from Jamaican businessman Wayne Boothe. Details...
Published:Wednesday | September 23, 2020 | 12:07 AM
Manufacturing and distribution company Seprod Limited has landed new markets in new territory for the group that will see its grain venture putting another 15 per cent of unused capacity into play. Jamaica Grain...
Published:Wednesday | September 23, 2020 | 12:06 AM
EU countries remained divided Monday on whether to approve a preliminary free trade deal drafted last year with South American countries because of concerns related to the Amazon deforestation and the respect of European standards. Speaking at an...
The Jamaica Stock Exchange (JSE) Combined Index advanced 3,642.06 points or 1.0 per cent to close at 368,577.62 points with an advance/decline ratio of 34/36 on Tuesday. The JSE Index advanced by 4,221.57 points ( 1.15 per cent) to close at...
The financial sector was hit hard Monday following a report alleging that a number of banks – JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon, among them – have continued to profit from illicit dealings with...
The Jamaica Stock Exchange Combined Index declined slightly on Monday with an advance/decline ratio 32/31. JSE Combined Index declined by 879.39 points ( 0.24 per cent) to close at 364,935.56, while the JSE Index declined by 1,224.08 points ( 0.33...
The US Federal Aviation Administration hasn’t updated standards for emergency airliner evacuations in nearly two decades, a period when travellers have increasingly had to deal with tighter aircraft seats, more carry-on bags and support animals, a...
ADVISORY COLUMN: PRODUCTIVITY The task of negotiating with other people is part and parcel of business life. However, many hate having to do so, and a large percentage do so ineffectively. One cause is that most focus on the quality of their...
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: How do property taxes work in Jamaica on just land? How do they calculate the cost? Are there differences for someone who is a citizen and someone who is a foreigner? – Oni FINANCIAL ADVISER...
General Insurance company IronRock is still a young buck in a market that it entered as a start-up over four years ago with a tech strategy for insurance delivery – a status its founders say has helped it to weather the pandemic, so far. The young...
Jamaica Energy Partners, JEP, an operator of power plants and producer of electricity, is considering entering the electric vehicle charging market. “Our group, having started the listed operations in the Dominican Republic, entry into Panama and...
The Jamaica Stock Exchange (JSE) combined index advanced on Friday with an advance/decline ratio of 34/32. The index moved up by 2,281.48 points or 0.63 per cent to close at 365,814.95. The JSE Main Market Index advanced by 2,608.75 points or...
Caribbean Cement Company Limited may resume cement exports to the region, but says if it does, it won’t be at the expense of the Jamaican market. The cement producer supplies the bulk of the local market from its production facility at Rockfort in...
Productive Business Solutions, PBS, which sells printers, scanners and security devices, continues to shift towards technology services, with contracts from a major American retailer to add internet connectivity to supermarkets in five countries...
The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year history as it tries to shore up a UK economic recovery that is facing the dual headwinds of the coronavirus and Brexit. After...
Yes, stocks are expensive. Most everyone along Wall Street agrees on that following their amazing return to record levels, despite the still-raging pandemic. But whether that’s something to worry about? That’s another question entirely. Analysts...
