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Business
Jamaica Business News, Economy, and Financial Sector Information
NCB Cap Markets launches unit trust
Wednesday, December 11, 2013
NCB Capital Markets has started offering three unit trust products. For now, the funds will invest in long-term corporate and government debt instruments as well as local and regional stocks via the M Fund, for money market, B Fund (bonds) and E Fund (equities). And even though real estate is not currently being con ...more
VIDEO: US$100-m PetroCaribe export potential
Wednesday, December 11, 2013
JAMAICA can export up to US$100 million in products to Venezuela under the PetroCaribe deal.
What's more, the figure keeps growing as the debt accumulated from the conversion of 50-60 per cent of oil imports from the South American country continues ...more
VIDEO: 'Value from JEEP grant still being assessed'
Wednesday, December 11, 2013
WESLEY Hughes says that the Petrocaribe Development Fund continues to monitor the value gained from pumping $1.3 billion into the political Jamaica Emergency Employment Programme (JEEP).
"It's still ongoing," said the CEO of the state-run agency abo ...more
Global financial markets: key factors when trading
Wednesday, December 11, 2013
OVER The last few decades, investing in global markets hasbecome more popular. Most people turn to these markets to achieve a better return on their funds, as their regular savings account does not offer much.
For someone who is contemplating ventur ...more
Has the meeting been properly called to order?
Wednesday, December 11, 2013
A recent decision of the Court of Appeal provides a timely reminder that in order to transact business in a lawful manner, meetings must be properly called by the body having authority to call meetings and there must be a quorum. The case concerned ...more
Jamaica Broilers plans to expand US-based fertile egg production
Wednesday, December 11, 2013
JAMAICA Broilers plans to further expand its fertile egg production in Georgia when the recently acquired England Farms in Arkansas is fully integrated.
The acquisition has already translated into a big boost to the company's US operations, which no ...more
VIDEO: PetroCaribe Development Fund to intensify renewable investment in 2014
Wednesday, December 11, 2013
PETROCARIBE Development Fund aims to increase its financing of clean energy projects in 2014 as part of the national goal to reduce the island's reliance on fossil fuels. The fund wants to include biogas and solar projects led by state enterprises t ...more
US wholesale stockpiles grow 1.4% in October
Wednesday, December 11, 2013
WASHINGTON, USA — US wholesale businesses boosted their stockpiles sharply in October as sales rose, encouraging signs for economic growth in the final three months of the year.
Wholesale stockpiles grew 1.4 per cent in October, the Commerce D ...more
Gov't aims at more IMF deadlines in House today
Tuesday, December 10, 2013
THE House of Representatives will today debate two more Bills related to the Government's growth-enhancing structural reforms under the Extended Fund Facility agreement with the International Monetary Fund (IMF).
One of the Bills, the Securities (Am ...more
World Bank says Caribbean entrepreneurs lack 'innovation' in creating quality jobs
Monday, December 09, 2013
MIAMI (CMC) -- A new World Bank report says Latin American and Caribbean entrepreneurs lack “innovation” in creating quality jobs.
In launching the new Washington-based financial institution’s flagship report, chief economist for L ...more
Are H&L dividend days back?
Sunday, December 08, 2013
HARDWARE and Lumber's 30 cents-a-share dividend payment next month is the second annual payout in a row following a four-year drought which was brought on by losses.
What's more, the dividend, which is still shy of the 32 cents paid in 2007 before t ...more
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