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…
Category: Business & Economy
Jamaica to go nuclear
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…
Lydford Mining partners with American company Vulcan to triple exports
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…
Berger Paints targets doubling capacity
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…
GK to make cashless push in new Caribbean markets
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…
FDIC recommends overhauling US bank deposit insurance system
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…
NHT hunting for low-income housing developers
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…
Stocks Round Up | 33.19 million units traded today
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…
Flow Foundation supports Ackeef Nugent’s educational mission
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…
