Third quarter profits are down at the NCB Financial Group, NCBFG. For the quarter ended June 30, 2023, NCB Financial Group reported net profit of just under $7.4 billion. This was $3.2 billion…
Category: Business & Economy
Gas prices down $0.25, diesel up $4.50
Motorists will pay $0.25 less for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 will sell for $179.70 per litre while a litre of E-10…
Flow Foundation donates $3m to Musgrave Market restoration effort
Efforts to resuscitate the Musgrave Market in Port Antonio, Portland, which was razed earlier this year, have received a boost courtesy of the Flow Foundation. The organisation recently donated $3 million to the…
Export readiness
VENTURING into international markets can be a formidable task for small businesses. To do so they often need help finding distribution channels, gaining access to trade shows and expos, making contact with buyers,…
US inflation has steadily cooled; getting it down to Fed’s target rate will be toughest mile
WASHINGTON, United States (AP) — Over the past year, inflation in the United States has tumbled from nine per cent all the way to three per cent, softening most of the price pressures…
Success in Jamaica spurs the growth of Gustazos Travel
Success in the Jamaican market continues to spur the growth of Gustazos Travel, which was opened by Gustazos on the island in 2021. The online travel company offering customised travel packages including group…
Almeida takes over Guardian chair, Hylton still a director
Robert Almeida has taken up a second position formerly held by Patrick Hylton, whose two-decade-old leadership of banking group NCB is wrapping up. On Friday, August 4, Almeida, who has a central role…
True Pet Food goes regional
TRUE Pet Food is tapping into regional markets . According to Tina Hamilton, head of True Pet Food, and senior manager of pet foods for CB Group, the brand is finally responding to…
Deeper monitoring coming for food establishments
The Ministry of Health and Wellness will be deploying technology to better track the eleven or so categories of food organisations that are regulated by its internal Environmental Health Division. The estimated cost…
Education needs synergy with entertainment industry
CHAIRMAN of the Jamaica Reggae Industry Association board Ewan Simpson is calling for more formal partnerships between the education system and private event planners and producers. “It helps both because it will give…