CONSUMER prices ticked higher for a third-straight month in July as the prolonged drought continues to cut supplies of agricultural produce, sending up the cost of dining both at home and at restaurants,…
Category: Business & Economy
Unemployment dips to historic low
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…
New acquisitions add to Derrimon’s half-year revenues
Out-turns from its newest subsidiaries, Spicy Hills Farms and Arosa Limited, along with that from its Select Grocers location in Clarendon, helped to beef up revenues for the Derrimon Group at the end…
One on One readies new e-learning solution
E-learning solutions provider One on One Education Limited is readying its latest learning management software, Teacher Availability Solutions (TAS), just in time for the new school year. According to One on One, the…
NHF issues $27b pharma drug contracts
Contracts valued at $27 billion were awarded to 34 companies in the pharmaceuticals sector on Tuesday by the National Health Fund, NHF, with Minister of Health Dr Christopher Tufton noting that the supplies…
Inflation up, unemployment down, outgoing Statin boss reports
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…
Stock Round Up | 109 stocks traded
The Jamaica Stock Exchange (JSE) Combined Index reversed previous gains on Tuesday. The moderate to slow trading ended with an advance/decline ratio of 34/59. The JSE Combined Index declined by 1,474.36 points or…
Gladys Bailey Learning Centres improving literacy through S.T.E.A.M.
Battling the odds of volatile communities, the Gladys Bailey Learning Centres, powered by the Flow Foundation, boosted the literacy levels of 61 students through its summer camps staged at its Spanish Town Road,…
Tech investor SoftBank trims losses, promises offensive turnaround
Japanese technology company SoftBank Group Corp continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn. But SoftBank’s April-June red ink, at ¥477.6 billion (US$3.4…
Stocks Round Up | Transjamaican, One on One Educational, Wigton volume leaders
The Jamaica Stock Exchange (JSE) Combined Index advanced today. The moderate trading ended with an advance/decline ratio of 34/57. The JSE Combined Index advanced by 377.13 points or 0.11 per cent, to close…