The devaluation and fluctuation of the Jamaican dollar, alongside the untamed crime monster, remain the factors that have influenced business confidence and its downward trend, according to pollster Don Anderson. “Over the last two periods — the second and third quarter of 2019 — business confidence slipped, causing a buzz
The Jamaica Stock Exchange (JSE) has successfully gone live with Nasdaq Matching Engine and Nasdaq Market Surveillance, thereby enabling the exchange to introduce new products and services, and attract investors. The matching engine technology, which is built upon the cloud-enabled Nasdaq Financial Framework, will bolster the JSE's ability to manage
Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy, is informing that the 'clerks' occupation group accounted for the most significant increase in employment recorded in the October 2019 Labour Force Survey. Speaking during STATIN's quarterly briefing at the Knutsford Court Hotel in New Kingston on Friday (January
Following on the heels of its 15 per cent share acquisition last year December, the GraceKennedy Group (GKG) has announced plans to further strengthen and expand its financial division through an offer by the holding company, GraceKennedy Financial Group Limited (GKFG), to acquire a greater stake in Key Insurance Company
KINGSTON, Jamaica — Prime Minister Andrew Holness says the Port Royal Development project is being pursued in a “very holistic way” with the participation and support of residents, who must own the development. “We cannot displace the people who live in Port Royal; they must become a part of the development,” he said.
KINGSTON, Jamaica — The 2019/20 budget is being increased by approximately $8 billion, according to the supplementary estimates for the fiscal year. The estimates which were tabled by the Minister of Finance and the Public Service, Dr Nigel Clarke, in the House of Representatives today, showed no increase in
The Jamaica dollar closed 2019 at $132.57 versus the US dollar, an annual depreciation of 3.7 per cent. This year-over-year change in the exchange rate was moderate compared to annual depreciation of 2.1 per cent in the previous year and appreciation of 2.8 per cent in 2017. Since the
THE Statistical Institute of Jamaica (STATIN) in its latest labour force survey findings has indicated that the country's unemployment rate continues to trend downwards while female employment increases. The country's chief data processing entity, while presenting its review at a media briefing held at the Knutsford Court Hotel on Friday,
GraceKennedy and the Musson Group have partnered to enter the group health and life insurance market under the name Canopy Insurance Limited. In a statement this afternoon, the company said it is ramping up preparations to begin operations in the second half of this year. The new venture recently received successful
The All Jamaica Consumer Price Index recorded an inflation rate of 0.5 per cent in December 2019, resulting in the calendar year inflation rate of 6.2 per cent, according to the Consumer Price Index (CPI) Bulletin – December 2019. The Statistical Institute of Jamaica (STATIN), which released the figures
