Sat | Jun 12, 2021

Business

The Jamaica Stock Exchange (JSE) Combined Index closed the week on a losing note. Heavy trading ended with an advance/decline ratio of 37/37 The JSE Combined Index declined by 864.38 points or 0.20 per cent to close at 428,195.85 The JSE Main...
Andrew James, chairman of the Real Estate Board of Jamaica.

Clients feeling short-changed when it comes to real estate valuations now have recourse through the newly formed disciplinary committee of the Real Estate Board of Jamaica, REB. The new committee started work in March on the insistence of Andrew...

Airport food service provider Express Catering Limited, ECL, will open a series of new restaurants at Sangster International Airport in Montego Bay, for which US$4 million ($600 million) of financing was secured towards the end of last year. ECL’s...

SAN SALVADOR, El Salvador (AP) — El Salvador's Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days after President Nayib Bukele made the...

Investments, insurance and private pension funds regulator, the Financial Services Commission, FSC, is warning that more pension funds may fold from the adverse impact of the ongoing COVID-19 pandemic. In its recently released review of the...

Marcus James, founder of microfinancing company Access Financial Services Limited, AFS, has assumed the role of executive chairman, while his prior job as CEO goes to Frederick Williams. The changes, which took effect on June 3, sees James...

Lasco, which trades in food items and other consumer goods, says consumers should brace for price increases over the coming months, but like one of its largest competitors, Grace Foods, adds that it’s trying to keep price hikes at a minimum by...

Expect moderate inflation going forward due to low productivity and job losses, according to the staff working paper titled ‘Estimating Jamaica’s Potential Output’ from the Bank of Jamaica, BOJ. Even as employment numbers improve relative to 2020’s...

The chief executive of the massive fuel pipeline hit by ransomware last month told senators on Tuesday that authorising a multimillion-dollar payment to hackers was the right thing to do to bring an end to fuel shortages affecting much of the...
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