Sat | Jun 6, 2020

Business

The Jamaica Stock Exchange (JSE) Combined Index declined on Friday with an advance/decline ratio of 36/20. The index moved by 75.19 points or 0.02 per cent to close at 377,825.58. The JSE Main Market Index declined by 15.45 points or 0.00 per cent...
File 
Brian Wynter, former central bank governor now adviser to NCB Financial Group. Wynter is seen here taking a photo at a seminar on June 13, 2019.

AS GOVERNOR of the Bank of Jamaica, BOJ, Brian Wynter regulated the banking activities of NCB Financial Group Limited, which operates Jamaica’s largest commercial bank whose assets top $1.6 trillion. Now, as a private citizen, he will be advising...

The Bank of Jamaica, BOJ, is projecting that the coronavirus, or COVID-19, will be contained by the end of June, giving countries around the world an opening to resume economic activity. In its assessment of the epidemiological curve, the BOJ said...

The Jamaica Stock Exchange (JSE) Combined Index advanced on Thursday with an advance/decline ratio of 33/36. The index moved up by 295.96 points or 0.08 per cent to close at 377,900.77. The JSE Main Market Index advanced by 727.80 points or 0.19...

The US Congressional Budget Office said that the United States economy could be US$15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus. The CBO, which...

The Jamaica Stock Exchange (JSE) Combined Index advanced on Wednesday with an advance/decline ratio of 32/34. The index advanced by 325.63 points or 0.09 per cent to close at 377,604.81. The JSE Main Market Index advanced by 436.71 points or 0.12...

Big poultry companies Jamaica Broilers Group and Caribbean Broilers say they are likely to still be holding record-high inventory of chickens for the next six months. That might have been good news in normal times for a country that favours poultry...

Caribbean Cement Company Limited, CCCL, expects its annual sales to drop by up to 20 per cent due to COVID-19. The projected fall in sales comes with the economic slowdown and health measures to stem the spread of the coronavirus. “The forecast we...

Several major airlines are taking bookings for flights that will start departing this month, and these initial flights are about one-third filled. American Airlines, JetBlue and Air Canada plan to restart service in June, but others such as...

CIBC FirstCaribbean International Bank, which operates in Jamaica and throughout the region, recorded a net loss of US$110 million for the April second quarter, due to the impact of COVID-19 on its operations. It’s the first big bank with...
Subscribe to Business