Experts in accounting and economics have lauded Jamaica’s seventh straight budget without new taxes as a plus amid the country’s push for economic expansion. Experts in accounting and economics have lauded Jamaica’s seventh…
Category: Business & Economy
Iberostar on path to zero emission in six years; Jamaica ops lagging
Large hotel chain Iberostar has installed a 1.2 megawatt solar power plant in Jamaica as part of the wider group’s move to slash its carbon emissions. The group of Spanish origin plans to…
To dodge AML woes, gov’t mulling brokers to dispose of confiscated properties
The Government of Jamaica will consider hiring real estate brokers to speed up the disposal of $1.5 billion in confiscated properties as a quick solution to avoid a downgrade by international anti-money laundering…
Rise in JSE junior share cap gets thumbs up
Market reaction to the increase in the amount of share capital that junior company can raise and hold has been positive, but up to early Thursday, but the Jamaica Stock Exchange itself is…
Boeing promises changes after getting poor grades in gov’t audit of manufacturing quality
Responding to a United States government audit, Boeing says it will would work with employees found to have violated company manufacturing procedures to make sure they understand instructions for their jobs. The aircraft…
Stock Round Up | LAB today’s top advancer, AS Bryden leads decliners
The Jamaica Stock Exchange (JSE) Combined Index closed Wednesday going back to losing ways. The moderate trading ended with an advance/decline ratio of 42/45. The JSE Combined Index declined by 3,639.94 points or…
138 Student Living eyeing UTech again for new business
Real estate developer 138 Student Living Jamaica is again eyeing the University of Technology, Jamaica to grow its business. The developer of student housing currently operates only at the Mona campus of the…
DBJ mum on loan audit, former MD’s separation package
The Financial Gleaner understands that the wording of a set of loans totalling $1 billion and issued through the Jamaica Mortgage Bank, JMB, was at the centre of the separation of former Managing…
Stocks Round Up | Mayberry Jamaican Equities today’s top performer
The Jamaica Stock Exchange (JSE) Combined Index closed Tuesday marginally clawing back lost ground. The active trading ended with an advance/decline ratio of 41/46. The JSE Combined Index advanced by 1,659.59 points or…
Saudi oil giant Aramco announces US$121b profit
Saudi oil giant Aramco reported that it made US$121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company’s second highest ever…