You have probably heard the phrase that interest rates and bond prices move in opposite directions. That is, as interest rates rise bond prices are expected to fall and vice versa. However, since the start of 2021 we have observed a steady rise in international rates, yet corporate bond prices
TO build resilience against external shocks and recover from the COVID-19 pandemic, Caribbean countries must advance key fiscal and financial reforms that range from stronger tax and pensions systems to improved debt and financial management, a new study by the Inter-American Development Bank (IDB) says. The book entitled Economic Institutions
Kingston vendor Annie Ivey is just two years short of being 80 and has been working her entire life in different low-paying jobs but has never had a pension plan. She has no clue when she will retire. “Anytime mi cyah go nuh more. Mi nuh sick yah... http://jamaicagleaner.com/article/lead-stories/20210308/ageing-women-face-pension-crisis
IronRock recorded its best period in the December quarter since going public five years ago as a start-up general insurer, but the company is not crediting only insurance activity for the performance. The gains, said Managing Director Evan Thwaites, were driven by $40 million of investment income; but he also
DUBAI, United Arab Emirates (AP) — Dubai’s airport, the world’s busiest for international travel, can already feel surreal, with its cavernous duty-free stores, artificial palm trees, gleaming terminals, water cascades, and near-Arctic levels of air conditioning. Now, the key east-west transit hub is rolling out another addition from the realm
When Dr Nigel Clarke takes the podium this month to deliver Jamaica’s 2021-2022 Budget, that ritualistic activity that will guide the Government’s priority for the fiscal year, all eyes will be set on what plans and programmes will be rolled out to kick-start the economy post-COVID-19. The most-watched area will
IronRock recorded its best period in the December quarter since going public five years ago as a start-up general insurer, but the company is not crediting only insurance activity for the performance. The gains, said Managing Director Evan Thwaites, were driven by $40 million of investment income; but he also
In an effort to maintain the growth acquired since the novel coronavirus pandemic, food manufacturer and distribution company Seprod Limited is seeking to further expand its business with more exports and with increased expectations for profit margins during this financial year. The company, which has raked in billions in profit
Acting chief executive officer (CEO) of Trinidad and Tobago Stock Exchange Limited Eva Mitchell says with an estimated US$57 billion in investable funds across the Caribbean, integration can strengthen the region's financial services sector and enhance global competitiveness. Mitchell indicated that given the unique and inherent vulnerabilities that impact the
NEW YORK (AP) — Instead of finishing your leftovers, you let them go bad and buy takeout. It's a familiar routine for many — and indicative of habits that contribute to a global food waste problem that a new United Nations report says needs to be better measured so that
