THE US economy is doing better than expected but it's not the only one. Gross domestic product (GDP) growth of 2 per cent in the first quarter was followed by 2.4 per cent growth in the second quarter, and the Atlanta Fed GDPNow forecasting model currently suggests growth of 5.9
A new study has found that finance professionals in the Caribbean strongly prefer to work from the office rather than engage in either remote or a hybrid work arrangement. The study, ACCA's Global Talent Trends in The Americas 2023, found that the pandemic did not move Caribbean financial professionals towards
Iran and Saudi Arabia were among six countries invited Thursday to join the BRICS bloc of developing economies in a move that showed signs of strengthening a China-Russia coalition as tensions with the West spiral higher. The United Arab Emirates, Argentina, Egypt and Ethiopia were also set to enter BRICS
Bank of Jamaica has issued a statement clarifying its position on the potential impact of private-sector wage increases on inflation, following news reports on Wednesday. https://jamaica-gleaner.com/article/business/20230825/boj-clarifies-position-wage-increases https://jamaica-gleaner.com/article/business/20230825/boj-clarifies-position-wage-increases
NCB Financial Group is restructuring its fintech subsidiary TFOB (2021) Limited, which trades as Lynk, resulting in job losses particularly among employees engaged as contractors. It is also likely to affect some department heads. NCB has not detailed the size of the job cuts, saying that the changes are still
Bank of Jamaica Governor Richard Byles THE Bank of Jamaica (BOJ) said it is concerned about the potential destabilising effects of a tight labour market on its efforts to combat inflation, especially if wage increases being negotiated by various private sector entities are "substantial" or are not accompanied by
Caribbean Assurance Brokers is looking to launch a new platform later this year. After its regional expansion plans were grounded to a halt because of the pandemic, Caribbean Assurance Brokers Limited (CAB) has ramped up its spending on technology as it looks to improve its growth profile. The local insurance
ONSUMER prices ticked higher for a third-straight month in July as the prolonged drought continues to cut supplies of agricultural produce, sending up the cost of dining both at home and at restaurants, but analysts say they don't expect the Bank of Jamaica (BOJ) to change its stance on interest
Q: What are the requirements to be eligible for the J-1 Summer Work and Travel (SWT) visa? A: The US Embassy in Jamaica adjudicates the largest number of SWT applicants worldwide. The following are required to be eligible: You must be currently enrolled as a full-time student at an accredited,
THE pace of growth in the local economy slowed in the first half of this year to 2.9 per cent as the country completed the recovery from the pandemic-induced decline and settle down to lower rates of expansion. The Planning Institute of Jamaica (PIOJ), who revealed the preliminary data for
