Sagicor Group Jamaica announced this week that it has completed the purchase of the securities dealer book of Alliance Investment Management Limited, AIML, by its subsidiary Sagicor Investments Jamaica Limited. The price of the acquisition and the size of the portfolio of business were not disclosed. In a media statement
Rome, Italy — The Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) have issued a stark warning of multiple, looming food crises, driven by conflict, climate shocks, the fallout from the novel coronavirus pandemic, and massive public debt burdens —
Remittance flows inched up slightly in April, after suffering the first quarterly decline in eight quarters since the onset of the pandemic, according to new data from the Bank of Jamaica. Jamaica received the bulk of the US$271 million in net remittances, mainly from the United States, United
SAGICOR Financial Company Limited (SFC) will be launching a fully digital commercial bank come this June/July through an entity called Sagicor Bank (Barbados) Limited (SBB). SBB was incorporated in April 2021 and became a wholly owned subsidiary of SFC in November 2021. It will be headquartered in Barbados and
PRESIDENT of the Caribbean Development Bank (CDB) Gene Leon is encouraging regional governments to bite the bullet and make investments in renewable energy for the long-term benefits of such undertakings. With Caribbean countries signing on to Conference of Parties agreements aimed at reducing global warming by 1.5 degrees above pre-industrial
GIVEN PROJECTED shifts in the frequency and scale of climate-related events, the call has come for a proper consideration of early warning systems as pivotal to adaptation for Jamaica and other small island developing states (SIDS). “Early warning systems are an important part of ‘climate services’, which globally has
Jamaica's efforts to mine gold and copper received a boost with the recent announcement by a Canadian entity that it has reached an agreement over prospects in St Catherine and Clarendon. The company, C3 Metals Inc, which is listed on the Toronto Venture Exchange (under the symbol CCCM), recently announced
THE United States-based global management consulting firm, Avasant is moving to help Jamaican entrepreneurs discover new locations for the delivery of services and attract investments through its investment exchange platform, Global Equations. As a digital marketplace Global Equations will allow those who are already in, or are desirous of entering
Jamaica is forecast to leap over some of its regional peers next year, amid recovery from the coronavirus pandemic, new growth estimates released on Tuesday by the International Monetary Fund show. But this year, while the country is still expected... https://jamaica-gleaner.com/article/business/20210407/imf-slices-growth-forecast-jamaica
