Financial conglomerate JMMB Group Limited has grown its country network to four operational territories with the addition of Barbados. The diversification across countries and business lines, management said, was a key factor in…
Category: Business & Economy
SEEK sales wraps SOS Q3 results
A 39 per cent increase in revenues from its SEEK brand helped to further push Stationery and Office Supplies Limited (SOS) to record earnings during the third quarter period ended September. For the…
Inflation data brings relief; rate hike won’t materialise this month
CONSUMER prices broadly moderated in October as Jamaicans paid less for petrol, and the annual rise in headline inflation was the smallest it has been in 28 months, prompting the view that the…
19Labs eyes telehealth expansion in Jamaica
Telehealth provider 19Labs, which has experienced success in partnering with the Government of Guyana in delivering medical services in some of the most remote sections of that country, is now exploring opportunities for…
At UN top court, Guyana and Venezuela face off over border referendum
Venezuela’s vice president on Wednesday vowed that her country will press ahead with a referendum on the future of a large tract of mineral-rich territory that it claims in a long-running dispute with…
US consumer inflation eased in October as cheaper gas slowed overall price increases
WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedevilled consumers…
Hylton, Cohen agree separation package from NCB Financial Group
THE NCB Financial Group said it has finally agreed on a separation package for its former CEO Patrick Hylton and his deputy Dennis Cohen and that both men have now officially resigned as…
Increased digital adoption driving service delivery at VM Wealth Management
VM Wealth Management Limited continues to strengthen its commitment to service excellence through increased digital adoption. The entity’s online client portal, which has been steadily growing in users, affords clients convenient access to…
VM Group eliminates fees for listings on the junior stock exchange
THE VM Group has removed arranger and brokerage fees for qualified micro, small, and medium-sized enterprises (MSME) who partner with the entity to raise capital through listing on the Jamaica Stock Exchange’s (JSE)…
Hylton, Cohen exit NCB with ‘materially impactful’ exit packages
The men who lead Jamaica’s largest banking group for two decades have officially cut ties with the institution and indications are it came at a big price, four months after the principal owner…