A report by Bloomberg has placed the local stock market as the top performer in the world. It says Jamaica's stock market rally, the world's biggest over the last five years, shows no sign of losing steam. According to the report, the Jamaica Stock Exchange,(JSE) main index has gained 19
WASHINGTON, United States — Barbados Prime Minister Mia Mottley (left) meets with IMF Managing Director Christine Lagarde at the IMF headquarters in Washington, DC earlier this year (Photo: IMF) BRIDGETOWN, Barbados (CMC) — Barbados has welcomed the decision of the International Monetary Fund (IMF) to provide US$290 million under the
Minister of Finance and the Public Service, Dr Nigel Clarke, addresses the House of Representatives on October 2. At left is Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw. (Photo: JIS) KINGSTON, Jamaica — The House of Representatives on Tuesday approved the first Supplementary Estimates for the 2018/19 fiscal
The Hard Rock Hotel chain will break ground in Jamaica later this year for an 1100-room property in the Lilliput area of the resort city of Montego Bay. Director of Tourism Donovan White, made the announcement during a presentation at the State of the Tourism Industry in the Caribbean (SOTIC 2018)
The plan to make the Financial Investigations Division (FID), which is currently part of the Ministry of Finance & the Public Service, into a department with greater budgetary and human resources capacity and autonomy is critical to giving the agency the operational leeway in expanding investigations that may involve other
CHICAGO, United States — Traders monitor offers in the S&P options pit at the Cboe Global Markets exchange shortly after the Federal Reserve announced it was raising interest rates on September 26, 2018. The Fed agreed to increase the federal funds rate a quarter percentage point, to a range of
Minister of Labour and Social Security Shahine Robinson (2nd left) shares a photo op with Caribbean Community of Retired Persons (CCRP) awardees — (from third left) educator, author and theatre practitioner, Dr Jean Small; founder and chairman of Cari-Med Limited and philanthropist, Glen Christian; founder of the Committee for the
Small investors have never excited financial firms enough to target them as a group. They just don't deliver the same margins as the business generated from large institutions and high net worth clients. But boutique investment firm MoneyMasters Limited has decided to build products targeted at this underserved market -
When shareholders of Sterling Investments Limited convene on Monday, October 8, to vote on the second stock split in three years, the operators of the company expect the outcome to set the stage for a strategic shift by the boutique firm. The vote in favour of the five-for-one split would
QUESTION: I have a problem getting credit because of a long-time bad credit I just recently settled with the bank. I took a loan in 2007 and I was offered a credit card as well - my wife and I. There was a medical problem in my family, and I
