SEOUL, South Korea — Currency dealers monitor exchange rates in a trading room at KEB Hana Bank in Seoul on March 13, 2020. Global stock markets suffered historic falls as panic spread on March 13 over the spiralling COVID-19 coronavirus crisis that has killed nearly 5,000 and affected sports, schools
As a result of the heightened disruption triggered by the intensification of the coronavirus (COVID-19) pandemic, PROVEN Investments Limited has suspended its additional public offering of shares, with effect from Friday, March 13. “We are extremely mindful of the current environment amidst the COVID-19 pandemic. We support and encourage the
Scotia Group Jamaica is reporting an almost $2-billion decline in net income for the first quarter of 2020. This represents a sizable downgrade from the $2.32 billion net income recorded for the corresponding period last year. In its latest quarterly report for the period ended January 31st, Scotiabank was quick
With the recent official announcement of the imported cases of the novel coronavirus (COVID-19) to Jamaica, many are asking about the impact to their savings and investments, and what opportunities may lie ahead, said the Keith Duncan-led JMMB Group in a circular to members. “The reality is that long before
The Ministry of Health & Wellness is reporting that two new cases of COVID-19 have been confirmed in the island, bringing the total number to 10, following the results from the National Influenza Centre, where 19 tests were conducted in the last 24 hours. Seventeen of the cases tested were
Mr. Speaker, I begin by thanking Almighty God, from whom all blessings flow. Great is thy faithfulness. Great is thy mercy and thy loving kindness. Mr. Speaker this is a demanding job and one I could not do without the support of family, friends and colleagues. To the Councillors and
Finance Minister Dr. Nigel Clarke has stated that it is likely the coronavirus will affect the government's economic growth projections. Dr. Clarke spoke on the possibility while opening the Budget Debate in the House of Representatives on Tuesday. The growth projections were included in the fiscal policy paper tabled a
Are you thinking about buying property? If you have seen some of the unfortunate headlines, tweets, and viral videos in recent times about people who have allegedly been defrauded in property transactions, you would agree that great care must be exercised when purchasing property. As the courts and relevant authorities
Insurance brokerage firm Caribbean Assurance Brokers Limited (CAB) on Monday became the first company for 2020 to list its shares on the Junior Market of the Jamaica Stock Exchange (JSE), thus increasing the total listed securities on the markets of the JSE to 124. Through its initial public offering (IPO)
WASHINGTON, United States (AFP) — All International Monetary Fund employees will work from home on Friday, the fund said yesterday, to test systems in case the spreading coronavirus epidemic makes working remotely a necessity. The World Bank, too, has been testing remote work procedures on a smaller scale, a spokesman
