Category: Business & Economy

VM Group Limited has its feelers out for attractive businesses to buy, on the heels of the $11 billion raised on the private market from an offer of preference shares through new entity…

As deposit-taking institutions (DTI) continue to hike interest rates on existing and new loans, customers will now see a new round of increases and decline in free services in the next month. Consumers…

STRATUS Alternative Fund SCC (Stratus), the alternative investment platform operated by NCB Capital Markets Limited (NCBCM), announced its landmark investment in the first full-service cancer treatment facility in Jamaica and the western Caribbean….

The Jamaica Stock Exchange (JSE) Combined Index close the week on a winning note on Friday. The moderate trading ended with an advance/decline ratio of 53/32. The JSE Combined Index advanced by 2,495.00 points…

New rules regarding insurance contracts that have been called the most radical in a decade have carved about $45 billion off the capital base of two of the largest insurance conglomerates that operate…

NCB Financial Group Limited sought to quell speculation on Wednesday night regarding its chairman, billionaire investor Michael Lee-Chin, after initially announcing his pending leave of absence from the board without explanation. The initial…

Caribbean Producers (Jamaica) Limited (CPJ) will be spending an extra US$7 million (J$1.09 billion) to expand its operations in Jamaica and St Lucia as it gears up for the influx of 6,000 additional…

Homeowners are set to face a double whammy as several deposit-taking institutions (DTI) are set to increase the interest rate charged on existing mortgages within the next two months while general insurance companies…

The Bank of Jamaica is forecasting that inflation will align with the target range for the December quarter and be maintained up to the period ending March 2024. But BOJ Governor Richard Byles…

JAMAICAN–CANADIAN billionaire Michael Lee-Chin has sought to clear the air about the reasons behind him taking a leave of absence immediately from the boards of NCB Financial Group Limited (NCBFG), National Commercial Bank…