VM Group puts out feelers for local, regional acquisitions Published:Sunday | May 28, 2023 | 12:30 AM President & CEO of VM Group Limited, Courtney Campbell. VM Group Limited has its feelers out for attractive businesses to buy, on the heels of the $11 billion raised on the private

STRATUS Alternative Fund SCC (Stratus), the alternative investment platform operated by NCB Capital Markets Limited (NCBCM), announced its landmark investment in the first full-service cancer treatment facility in Jamaica and the western Caribbean. Stratus has provided equity financing of US$1.5 million to Alliance International Medical Limited (AIM) through its Private

ICHAEL Lee-Chin, the majority shareholder of the NCB Financial Group, has made it as plain as day that he is planning to set up a nuclear power plant in Jamaica, whenever the country's policies and regulations allow for it. "One hundred per cent," Lee-Chin said in response to a query

Business Agriculture withers in Q1 from drought Jun 07, 2023 12:07 am · Make a comment According to PIOJ data, real value added for the agriculture industry contracted by 7.6 per cent, based on PIOJ's production index, reflecting the impact of adverse weather conditions, particularly drought. Lower crop yields as

XPONENTIAL start-up costs, qualified employees, proper waste disposal and site selection are being cited as factors for Jamaica's shortfall to be able to successfully establish a nuclear energy facility on the island. The concerns were raised by Dr Dennis Minott, a scientist trained in applied nuclear physics, with a PhD

Executive director of the Caribbean Policy Research Institute (CAPRI) Dr Damien King has cautioned that Jamaica's achievement of macroeconomic stability should not be seen as an end in itself, but rather a springboard for realising economic growth. Dr King was part of a panel discussion during the Private Sector Organisation

THE Bank of Jamaica (BOJ) said Monday that it does not expect recent salary increases to have a material impact on the inflation rate and stayed from signalling when it may start to reverse rates. Governor Richard Byles, however, mirrored language contained in Friday's release from the monetary policy committee

The Bank of Jamaica, BOJ, on Friday said that it foresees inflation rising above the four to six per cent target range over the months of June to September 2023, data which fed into its decision to hold key interest rate steady at 7.0 per cent for the seventh consecutive

NRELIABLE technologies and a lack of confidence in the banking sector have been cited as the reasons Jamaicans are opting out of holding their funds digitally. Consumers and merchants alike, on a daily basis, have been complaining about the digital payment systems and banking sector that was created to help

Sagicor published its first quarter results on Monday applying for the first time the new International Financial Reporting Standard (IFRS) 17 which replaces the old IFRS 4 standard. The change primarily affects the treatment of long-term insurance contracts of over one year, which are now a separate segment from short-term