THE pace of growth in the local economy slowed in the first half of this year to 2.9 per cent as the country completed the recovery from the pandemic-induced decline and settle down to lower rates of expansion. The Planning Institute of Jamaica (PIOJ), who revealed the preliminary data for

China’s yuan dipped briefly to a 16-year low against the dollar on Thursday, raising questions about whether Beijing might weaken its currency to help struggling exporters and reverse a deepening economic slump. The Chinese currency slid to CN¥7.32 to the dollar before recovering to CN¥7.26, following what financial analysts said

Consumer prices rose by 1.1 per cent for the month of July, the Statistical Institute of Jamaica, Statin, has said. It also emerged on Tuesday that a new director general is being sought for Statin, but the current head, Carol Coy, declined to comment on the matter, kicking questions instead

nsurance giant Sagicor Group Jamaica Limited thinks that business conditions have improved somewhat, compared to a year ago, but profit still dipped 18 per cent for its June second quarter to $3.4 billion. “Unstable market conditions experienced throughout 2022 have ameliorated somewhat in the current period but continue to provide

JAMAICA'S unemployment rate fell to a new low according to the latest findings from the April 2023 Labour Force Survey (LFS) which saw more people working now than at any other time in the country's history. The Statistical Institute of Jamaica (Statin),which reported the data Tuesday, said the unemployment rate

Jamaica imported 50,786 motor vehicles worth $81 billion in 2022, approximately 26 per cent more than the number of vehicles allowed in the island in 2021. In 2021, the Trade Board Limited granted import licences for 40,396 vehicles at a value of US$503 million (J$77 billion). Last year's value was

as he extends himself to give closer scrutiny to the NCB Financial Group. Still, shareholders were told in a highly anticipated investor briefing on Thursday that they will have to wait until the end of the calendar year before seeing a resumption of quarterly dividend payments. "I am happy to

Investors expressed their displeasure with NCB Financial Group Limited's (NCBFG) decision to skip another dividend payment, shedding the company's shares in early morning trading Thursday, pushing the stock price traded down to $52, despite the financial conglomerate raking in $7.39 billion in consolidated net profit for its third quarter up

INVESTING for income is a strategic investment approach wherein the primary focus is on generating ongoing cash flow rather than capital appreciation. Income investing entails building an investment portfolio that consists of assets such as bonds, dividend stocks, real estate and annuities that generate a regular income stream. This strategy

Key Insurance offices in Kingston HIGHLIGHTING its motor segment as the "backbone of its business", Key Insurance in its half-year performance delivered revenues of $1.3 billion — $238.8 million more or 22.7 per cent above that of the prior year's period. The motor segment, which grew near 12 per cent,