Bank of Jamaica (BOJ) has reduced the rate offered on overnight placements with Bank by 25 basis points to 1.75 per cent. The central bank's decision to lower its rate on short-term or 'overnight' loan is aimed at stimulating a pick-up in the rate of expansion in private sector credit,
Shoppers walk by a Santa Claus cut-out mounted at the Mall Plaza last December 2017. Retailers say they are seeing more traffic in theri stores this year, but can't say yet whether that will translate to more sales revenue. Jamaica's positive economic developments, including what the Statistical Institute of Jamaica
President & CEO of NCB Financial Group Limited, Patrick Hylton. NCB Financial Group Limited has reverted to its original plan to grow its stake in Guardian Holdings to 62 per cent, and is willing to pay a higher price than the negotiated terms it had agreed to with regulators back
Natural gas supplier New Fortress Energy has erected its new floating regasification vessel called the Golar Freeze offshore Old Harbour, under a long-term deal expected to generate US$22 million in revenues annually for vessel owner Golar LNG Partners, according to market filings overseas. New Fortress has supplied a photo of
QUESTION: I was recently made redundant and am in a position to invest $2 million. My hope is to have a return of at least $30,000 to offset my living expenses. My risk potential is medium to high. I am thinking of trading in stocks. What advice would you give?
An official of the Inter-American Development Bank (IDB) has declared that a private sector-driven economy is "the real important next phase" if the nation truly wants to leap forward and become a richer country. Henry Mooney, the IDB's lead economist for Jamaica, told The Gleaner recently that despite not yet
BRIDGETOWN, Barbados (CMC) — Sagicor Financial Corporation (SFC) is seeking to reassure Caribbean nationals that the move by the Canadian-based, Alignvest, to take over its operations, will not adversely impact its business in the region and North America SFC recently announced that it had agreed to sell its shares, valued
The Insurance Association of Jamaica (IAJ) held its usual Annual Christmas Treat for children of the Chin Loy Basic School in Western Kingston. Orville Johnson, OJ, Executive Director of IAJ interacts with some students of the school while Principal of the school  Veronica Sewell-Morgan looks on.
The Insurance Association of Jamaica extends SEASON'S GREETINGS to the insurance buying public, employees of all insurance companies and their families and indeed all Jamaica for a SAFE CHRISTMAS and A PROSPEROUS NEW YEAR.
BEIJING: President Xi Jinping yesterday stressed staying on the path of socialism with Chinese characteristics and upholding and developing socialism with Chinese characteristics at a gathering commemorating the 40th anniversary of China's reform and opening up. All the theories and practices of the Communist Party of China in the past
