Most US Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting released Wednesday….
Category: Business & Economy
Stocks Round Up | CAC 2000 today’s top advancer, Pan Jamaica leads decliners
The Jamaica Stock Exchange (JSE) Combined Index advanced marginally on Wednesday. The moderate trading ended with an advance/decline ratio of 39/44. The JSE Combined Index advanced by 692.52 points or 0.21 per cent…
Gas, diesel prices going up $4.50
Motorists will pay more for gas when they go to the pumps on Thursday. The state-owned oil refinery, Petrojam, says E-10 87 is to move up by $4.50 to sell for $184.20 per…
July inflation ticks up
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,…
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…