Category: Business & Economy

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…

The NCB Financial Group (NCBFG) has sought to address questions regarding the decision of billionaire businessman Michael Lee-Chin to take a three-month leave of absence from his post as chairman of the group. In a…

The Jamaica Stock Exchange (JSE) Combined Index gained ground on Wednesday. The moderate trading, ended with an advance/decline ratio of 40/55. The JSE Combined Index advanced by 2,890.60 points or 0.84 per cent, to…

Flow and UNICEF have recommitted to changing the lives of Jamaican youths using mobile technology and have renewed their partnership in support of youth empowerment through a Memorandum of Understanding (MoU). The two-year…

A bond has been issued on the international capital markets denominated in Jamaican dollar for the first time ever. The bond was issued by the International Finance Corporation (IFC), the private sector arm…

THE Bank of Jamaica (BOJ) said Monday that it does not expect recent salary increases to have a material impact on the inflation rate and stayed from signalling when it may start to…