KINGSTON, Jamaica — Portland businessman Everton McDonald, otherwise called 'Beachy Stout', has been charged with the 2009 murder of his first wife Merlene McDonald. Merlene was shot dead in May of that year at her Boundbrook home in Port Antonio, Portland. The police said McDonald was also charged for the

I have often wondered why some people are prepared to invest their money without even a basic understanding of what it really means to invest. So often, investment advisers are blamed for not calling their clients to say when they should buy or sell. Sometimes investors, not knowing what they

Chairman of the Jamaica Social Investment Fund (JSIF), Dr Wayne Henry, says the agency, in partnership with the Rural Economic Development Initiative, Phase II (REDI II), has been responding to the recovery efforts of small agricultural and community tourism enterprises left vulnerable by the COVID-19 pandemic. At a handover ceremony

NATIONAL Commercial Bank Group (NCB) is advising that there will be no interim dividend payment for the first quarter of its 2021 financial year. This represents a continuation of its no dividend payment which occurred for three of the four quarters of its 2020 financial year, which ended last September.

WITH the economy expected to decline between 12 and 14 per cent this fiscal year, Opposition spokesman on finance, Julian Robinson is urging the Andrew Holness-led Administration to focus on areas of intervention such as agriculture and digitisation to stimulate economic growth. Addressing a meeting of the Rotary Club of

The Financial Services Commission, FSC, has been working on mechanisms to improve price transparency in the market and the flow of information to the investing public. It’s also been working with the entities it regulates on the realignment of capital and liquidity risk management. Those issue and other reforms to

A health tourism project slated to be developed in Montego Bay over the next five years is among the plans for enhanced collaboration between Jamaica and India being supported by new High Commissioner Runsung Masakui. The tourism project, estimated to cost about $40 billion, will be done by a member

A new telecommunications outfit owned by the former head of Scotiabank Jamaica, Bruce Bowen, and his wife Suzanne Fernando-Bowen, is finalising plans to enter the Jamaican market, though the full scope of the business is yet to be disclosed. Amid the groundwork being undertaken by the company formed in April

The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund, IMF, forecast Tuesday. After sinking 3.5 per cent in 2020, the worst year since World War II, the global economy will grow 5.5 per cent this year, the 190-country lending organisation predicted.

Jamaican investors interested in the American financial market are being urged to be cautious in their investment decisions, even as recent market activity has been bullish. Gregory Fisher, Managing Director & Head of Emerging Markets, Fixed Income & Wealth Management at investment company, Jefferies, says the optimism in the US