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Category: Business & Economy

Business & Economy

Bahamas central bank predicts economic growth of four per cent this year

infojamaica
May 3, 2023

NASSAU, Bahamas, CMC — Governor of the Central Bank of The Bahamas (CBB) John Rolle says preliminary indications are that the local economy is continuing to expand at a “healthy pace” in the…

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Business & Economy

Jamaica to go nuclear

infojamaica
May 3, 2023

Prime Minister Andrew Holness has signalled the intentions of the Government to integrate nuclear energy in the country’s energy mix. Speaking at the opening ceremony of Expo Jamaica 2023 last week Thursday, April…

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Business & Economy

Lydford Mining partners with American company Vulcan to triple exports

infojamaica
May 3, 2023

Lydford Mining has entered into a sales arrangement with Vulcan Materials, one of the largest producers of construction aggregates in the United States, an agreement that’s poised to triple the amount of aggregates…

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Business & Economy

New Secrets Resort adds overwater suites

infojamaica
May 3, 2023

The proposed Secrets Resorts…

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Business & Economy

Berger Paints targets doubling capacity

infojamaica
May 3, 2023

Following flat sales growth in 2022 and the inflationary impact on earnings, Berger Paints Jamaica Limited will be retooling its operations as it plans to double its capacity and improve its plan to…

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Business & Economy

GK to make cashless push in new Caribbean markets

infojamaica
May 3, 2023

Aiming to deploy its cashless app across Caribbean markets for remittances and other services, GraceKennedy Money Services, GKMS, is in talks with regulators in various countries. It’s immediate regional target markets for the…

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Business & Economy

FDIC recommends overhauling US bank deposit insurance system

infojamaica
May 3, 2023

The Federal Deposit Insurance Corporation, FDIC, is recommending that the United States rethink its decades-old policy of insuring up to US$250,000 in bank deposits and replace it with an overhaul that would allow…

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Business & Economy

NHT hunting for low-income housing developers

infojamaica
May 3, 2023

While still committed to its Guaranteed Purchase Programme, GPP, which was introduced five years ago to improve the pace of delivery of residences to the market, the National Housing Trust is now prospecting…

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Business & Economy

Stocks Round Up | 33.19 million units traded today

infojamaica
May 2, 2023

The Jamaica Stock Exchange (JSE) Combined Index retreated Tuesday, closing on a losing note. The busy trading ended with an advance/decline ratio of 33/59. The JSE Combined Index declined by 5,686.11 points or…

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Business & Economy

Flow Foundation supports Ackeef Nugent’s educational mission

infojamaica
May 2, 2023

Ackeef Nugent’s ambition and passion to educate fellow youngsters and uplift his Cockburn Gardens community belies his age and stature. At only 13 years old, Ackeef is bright and full of conviction that…

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