The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated...
The Supreme Court has granted summary judgment to Medical Associates Limited in a claim brought by its management company to recover more than 400,000 shares that were tended to secure a loan to finance further developments at the Medical Associates...
Mandeville Private Client Incorporated, based in Canada, will offer services that will allow its clients to buy stocks listed on the Jamaica Stock Exchange (JSE).Investments on the JSE are typically not available for direct purchase by Canadian...
QUESTION: I am having a problem that almost all entrepreneurs seem to be having, and it is preventing my business and many others from staying afloat these days. The problem is the poor quality of job workers and bad ethics and skill on the job....
QUESTION: About three months ago, I was driving along Constant Spring Road towards Mary Brown's Corner in Kingston. It was at about 6:30 p.m. A front-end loader was travelling behind. Suddenly, a pedestrian ran across the road, forcing me to stop....
QUESTION: I live in America in Columbus, Ohio, and I am interested in investing on the Jamaica Stock Exchange. Where do I get started? JourdinFINANCIAL ADVISER: You first need to make contact with a stockbroker. Thereafter, you may trade by giving...
Making movies is big business. The amounts spent on a production can be substantial, running into hundreds of millions of dollars. For the Caribbean, attracting film-makers from overseas not only has the benefit of bringing much-needed revenue and...
Preliminary figures indicate that Tax Administration Jamaica (TAJ) has again surpassed the year-to-date collection target for the 2017/18 fiscal year. For the period April to December 2017, the revenue authority collected $207.7 billion which...
Published:Friday | February 2, 2018 | 12:00 AMNeville Graham
The general manager of PROVEN REIT Limited, Pierre Shirley has resigned that post effective March 31, 2018 after being with the company for just over two years. PROVEN REIT is the real estate investments and development arm of the...
The Bank of Jamaica is optimistic that lenders will continue to follow the central bank's lead on interest rate and cut the cost of credit to borrowers.For two years, the BOJ has mapped a...
Lasco Financial forms new loans subsidiary as business triplesLasco Financial Services Limited has bundled its loan business into a new subsidiary called Lasco Microfinance Limited, following its acquisition of CrediScotia, a deal that served to...
Wayne Chen, who sat on the board of several firms in the NCB family of companies, has given up those directorships, saying he was trying to lighten his corporate schedule.Chen, who is the brother of...
Steven Gooden, president of the Jamaica Security Dealers Association, JSDA, says that while the Government of Jamaica has been asking for lower interest rates and more flexible financing terms...
Jamaican pension funds are investing more in equities and less in direct holdings of real estate, the Financial Services Commission, FSC, noted in updates on the market this week.The...
Standard & Poor's decision to downgrade Brazil's credit rating did more to bruise Brasilia's political pride than to sound a warning on the country's economic condition. After the deepest recession in a century, the Brazilian economy is...
For a glimpse at President Emmanuel Macron's vision for the new French economy, look no farther than Station F.Entrepreneurs don virtual reality goggles and share ideas with business angels in...
The eurozone economy, for so long a source of uncertainty, has enjoyed its best year of growth in a decade, clear evidence it has broken out of the prolonged debt crisis that raised fears about the...
The United States Federal Reserve has left its benchmark interest rate unchanged but signalled that it expects to resume raising rates gradually to reflect a healthy job market and economy.At Janet Yellen...
Billionaire entrepreneur Richard Branson says Virgin Hotels plans to open a property in Edinburgh, Scotland, in 2020.It will be Virgin's 10th hotel and its first in the United Kingdom.The only Virgin Hotel opened so...
Technology experts warned at a cryptocurrency seminar on Wednesday that many initial coin offerings, or ICOs, are scams.While the tech experts themselves trade many of the known 1,500...
Starbucks has a new product that it hopes will hook coffee lovers: a credit card.The card, launched on Thursday with JPMorgan Chase and Visa, comes as Starbucks struggles with slowing growth in the...
Fitch Ratings agency has affirmed Jamaica’s long-term foreign and local currency issuer default ratings at ‘B’ and revised the outlook from stable to positive. The rating was predicated on improvements in the macroeconomic and...
A report from critics of Airbnb says the vacation rental website is driving up home rental prices and reducing housing availability in New York City.The analysis published Monday comes from a researcher at McGill University in Montreal and was...
The Jamaica Customs Agency said that effective tomorrow, Thursday, February 1 it will be automating its passenger unaccompanied baggage declaration or ‘yellow form’. This will allow for more efficient processing of passengers who have...
