Tue | Nov 13, 2018

Business

OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps by as much as one million barrels of oil a day, to rebalance the market after US sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister...

Sugar marketer Jamaica Cane Products Sales Limited (JCPS) is laying off its entire staff as it contemplates winding down the business, Chairman Karl James confirmed on Friday, even as it looks to the Government for help.James blames the agency's...

NCB Financial Group has been solidly ensconced at the top of Jamaica's commercial banking market for several years, but having just hit another profit milestone and with nearly $980 billion in assets, its managers believe they are well placed to...

The project to create a social stock exchange in Jamaica will be executed in two phases, the second of which requires the passage of...

The central bank has maintained its policy rate at two per cent for the last two rate decision cycles, and treasuries are yielding even lower rates, reason enough, says the...

Seprod expanding warehousing spaceSeprod is building out new warehouse space at its main complex in Kingston's industrial zone, which is said to be part of a larger hub that the company will build out over time.Seprod has not disclosed the size of...

Real estate assets account for less than five per cent of pension fund portfolios, despite a vibrant property market.It's likely, says CEO of VM Pensions Management Limited Rezworth Burchenson, that fund managers...

Distribution of the newest line of Appleton Estate aged rum pushed Jamaican spirits sales globally beyond €62 million over nine months, according to the brands owners, Campari Group.The drive for increased...

More than half the foreign interest in regional real estate, whether to buy or lease, emanates from the United States, a new study has found.The report also ranks Jamaica as the third most sought...

The Ministry of Finance and the Public Service has now advised Auditor General Pamela Munroe Ellis that Chinese outfit Jinquan Iron and Steel Company, which operates the Alpart plant in St...
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