WASHINGTON (AP): UNITED STATES (US) consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet, prices are…
Category: Business & Economy
Stocks Round Up | Express Catering leads top advancers
The Jamaica Stock Exchange (JSE) Combined Index reversed Tuesday’s losses on Wednesday. Another hectic trading session ended with an advance/decline ratio of 48/47. The JSE Combined Index advanced by 2,177.19 points or 0.63…
Digital-first agency drives profits and purpose
One Great Studio is a “digital-first agency” focused on using digital marketing assets “to drive profits and purpose”, according to CEO Djuvane Browne and Chief Operating Officer Gina DeLisser. Emphasising the mantra that…
Express Catering quarterly revenue soars to record height
Restaurant management group Express Catering Limited (ECL) has hit record-level revenue and net profit due to continued recovery of the tourism sector and expansion of the company’s portfolio. ECL operates a number of…
Sponsorship declines for motorsports
Sponsorship for motorsports on Dover Raceway is trending downwards while the club is still tackling debt and bouncing back from COVID-19 pandemic. The recent staging of the motorsports event in St Ann on…
As grocery prices soar, push grows to end sales tax on food
ALABAMA, US (AP) – Alabama is one of only three states that tax groceries at the same rate as other purchases. But as food prices soar and as the state sees a record…
BOJ establishes ‘twin peaks’ committee
THE Bank of Jamaica (BOJ) has indicated that credit unions will finally fall within the ambits of its regulation when the supervision structure for the nation’s financial sector is transitioned from sector-by-sector regulation…
IMF: Prolonged high inflation dims outlook for world economy
WASHINGTON (AP): THE OUTLOOK for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks….
JFP happy but not satisfied
With a number of projects lined up this year, commercial furniture manufacturer JFP, formerly Jamaica Fibreglass Products Limited, said it is looking to secure an even better financial performance this year as it…
