Fri | Jan 22, 2021

Business

Carol Coy, Director General of Statin.

A survey by the Statistical Institute of Jamaica, Statin, around COVID-19’s impact on households, conducted during the month of October, has found that 45.8 per cent of Jamaicans have had their incomes reinstated to levels before the coronavirus...

Robert Almeida, managing partner, Portland Private Equity.

Private equity fund Portland JSX Limited is dragging a US$1.5-million loss, due to write-downs in the value of its investments, but sees signs of a turnaround in its latest numbers to November. This month, it’s also due to collect income of US$977,...

Wilfred Baghaloo, trustee for Jamaica Beverages Limited.

Wilfred Baghaloo, a trustee for bankrupt Jamaica Beverages Limited, JBL, wants to settle all outstanding debt by mid-February and has put out the call for creditors to prove their claims against the estate. The settlements will be funded from the...

With more than a trillion euros in stimulus still in the pipeline to the economy, the European Central Bank, ECB, left its key bond-purchase programme unchanged on Thursday as the 19-country eurozone endures a winter economic slowdown due to the...

The Jamaica Stock Exchange (JSE) combined index declined on Thursday with an advance/decline ratio of 37/31. The JSE Combined Index declined by 1,284.08 points or 0.33 per cent to close at 383,528.21. The JSE Main Market Index declined by 1,563.62...

US stocks rallied to records on Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. The S...

The Jamaica Stock Exchange (JSE) combined index declined on Wednesday with an advance/decline ratio of 39/26. The JSE Combined Index declined by 753.99 points or 0.20 per cent to close at 38,812.29. The JSE Main Market Index declined by 925.66...

They blame a spike in commodity prices and shipping costs. Hardware merchants and suppliers say they’re shelling out up to five times more on imports into Jamaica, and that the construction materials they trade in would inevitably become more...

Consumer and business confidence inched up for the first time in four quarters, driven by expectations for jobs and future profits, the survey for the December quarter has found. Optimism broke through even though large numbers of Jamaicans are...

Andrew Issa will soon roll out a new real estate development on the road to doubling the volume of commercial space held and managed by his companies to around 200,000 square feet in four years. The new project slated to go to construction in New...
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