NATIONAL Commercial Bank Group (NCB) is advising that there will be no interim dividend payment for the first quarter of its 2021 financial year. This represents a continuation of its no dividend payment which occurred for three of the four quarters of its 2020 financial year, which ended last September.

WITH the economy expected to decline between 12 and 14 per cent this fiscal year, Opposition spokesman on finance, Julian Robinson is urging the Andrew Holness-led Administration to focus on areas of intervention such as agriculture and digitisation to stimulate economic growth. Addressing a meeting of the Rotary Club of

The Financial Services Commission, FSC, has been working on mechanisms to improve price transparency in the market and the flow of information to the investing public. It’s also been working with the entities it regulates on the realignment of capital and liquidity risk management. Those issue and other reforms to

A health tourism project slated to be developed in Montego Bay over the next five years is among the plans for enhanced collaboration between Jamaica and India being supported by new High Commissioner Runsung Masakui. The tourism project, estimated to cost about $40 billion, will be done by a member

A new telecommunications outfit owned by the former head of Scotiabank Jamaica, Bruce Bowen, and his wife Suzanne Fernando-Bowen, is finalising plans to enter the Jamaican market, though the full scope of the business is yet to be disclosed. Amid the groundwork being undertaken by the company formed in April

The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund, IMF, forecast Tuesday. After sinking 3.5 per cent in 2020, the worst year since World War II, the global economy will grow 5.5 per cent this year, the 190-country lending organisation predicted.

Jamaican investors interested in the American financial market are being urged to be cautious in their investment decisions, even as recent market activity has been bullish. Gregory Fisher, Managing Director & Head of Emerging Markets, Fixed Income & Wealth Management at investment company, Jefferies, says the optimism in the US

Finance Minister Dr Nigel Clarke has appealed to brokers to stop marketing complex public offerings to the general public without adequate risk disclosures. In his address at the Jamaica Stock Exchange’s (JSE) Capital Markets Conference on Wednesday, Clarke said that these offers are at times marketed as if they were

Despite Jamaica’s expectation of receiving more than 900,000 doses of the coronavirus vaccine for the first phase of the roll-out set for April, the Pan American Health Organisation (PAHO) cautioned on Wednesday that it could not commit to the timelines and amounts for the 190 countries under the COVAX Facility.

The Jamaica Customs Agency (JCA) says for the five year period commencing January 1, 2016 to December 31, 2020, the total value of exported goods declared was US$15.1 billion. Of this amount, bank and currency notes accounted for 53 per cent, bauxite accounted for 27 per cent, petroleum products accounted