Shareholders of NCB Financial Group Limited (NCBFG) are getting an early Christmas present, as the Board of Directors has approved an interim dividend payment of $0.50 per ordinary stock unit. The NCBFG Board took the…
Category: Business & Economy
JMMB secures slice of Bajan market
JMMB International Limited has gained a securities dealer license in Barbados and marks JMMB Group Limited’s (JMMBGL) latest thrust in diversifying its operations and gaining a larger presence in the Caribbean. JMMB International…
Soup sales spice up JamTeas exports
The American market now accounts for 51 per cent of Jamaican Teas Limited’s foreign sales, advances that Export Manager Jonathan Mahfood has linked to the company’s expanding range of packaged soups and diversification…
JMMB Group starts business in Barbados
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…
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…