Despite the continued supply chain disruptions and rising commodity prices, Lasco Manufacturing Limited (LASM) grew revenue by 15 per cent to $9.48 billion and achieved its highest net profit to date of $1.71 billion, which did not include any tax remissions. The company, which manufactures soy-based products and bottled drinks,
A swift jump in Treasury yields rattled Wall Street on Wednesday, pulling stocks broadly lower at the start of another month in what’s been a turbulent year for the market. The Standard & Poor's 500 index ended 0.7% lower after an early morning gain quickly gave way to choppy trading.
The Planning Institute of Jamaica, PIOJ, expects the Jamaican economy to continue expanding, but it has also cut the forecast for growth this fiscal year, citing global events. Instead of growth within a range of three to six per cent, the agency now projects that gross domestic product will expand
The Private Sector Organisation of Jamaica, PSOJ, is upping the ante in its ongoing broadside against the central bank’s aggressive monetary policy stance, citing what the umbrella business group says is a double whammy of rising interest rates scaring off investments, while also pushing up government debt. “There is a
BRIDGETOWN, Barbados, CMC – The Caribbean's response to disasters during this year's expected “above average” Atlantic hurricane season is being significantly enhanced with a humanitarian ship on standby in the region's waters, fully equipped to support countries impacted by weather events and other disasters. Executive Director of the Caribbean
Entrepreneurial couple Tamara Gibson and Kevear Clunie are making it easier for individuals who are planning events to find the right location with their new event planner and locator app, Jamaica Venues (JV). Known as the airbnb of venue apps, the platform promotes large and small, traditional and non-traditional venues
May 19, 2022 12:06 am Life insurance company continue to pile up savings as premium income grows. THE Financial Services Commision (FSC) indicates in its latest insurance industry update (to December 2021) that the island’s six life insurance companies continued their dominance within the insurance sector, accounting for 79 per
Samantha Samuda, ICWI’s vice-president of marketing, distribution and human resources; Valerie Reynolds, chairperson of the ICWI Group Foundation; and Paul Lalor, president of the ICWI Group, are engaged by 11-year-old student Dacia Lobban of Ocho Rios Primary School in St Ann following the ICWI Teachers Change the World Awards Ceremony
Published:Thursday | May 19, 2022 | 12:11 AM Contributed Samantha Samuda, ICWI’s vice-president of marketing, distribution and human resources; Valerie Reynolds, chairperson of the ICWI Group Foundation; and Paul Lalor, president of the ICWI Group, are engaged by 11-year-old student Dacia Lobban of Ocho Rios Primary School in St Ann
Published:Thursday | May 19, 2022 | 12:10 AM Contributed Michelle Anderson (right), chief operating officer of British Caribbean Insurance Company (BCIC), with Corline Campbell (left), head of business development, as she addresses a contingent of public passenger vehicles (PPV) operators and transport sector stakeholders at a safety, security, standards and
