Around the Globe
USA | Jan 28, 2023
Reading Time: 2 minutes The United States Federal Reserve has rejected Wyoming-based crypto-centric bank, Custodia’s application to become a member of its exclusive payment system. In a press release last evening (January 27), the…
Reading Time: 3 minutes There is plenty of unsubstantiated information doing the rounds concerning investors being defrauded at Stocks & Securities Limited (SSL). Prime Minister Andrew Holness has cautioned that people should not pay…
Reading Time: 4 minutes The JMMB Group Resource Centre partnered with the JMMB Joan Duncan Foundation to award J$1M to the top three small- and medium-sized enterprises (SMEs) that are a part of the…
Reading Time: 3 minutes The Bank of Jamaica’s (BOJ) Monetary Policy Committee has again raised its policy rate this time to 6.5 per cent per annum effective September 30. The cumulative increase in the…
Reading Time: 2 minutes Durrant Pate/Contributor First Rock Real Estate Investments shares buyback is working and working well with the share price appreciating last week. The company’s share price improved by J$1.03 cents last week…
Reading Time: 5 minutes While you might not own any, or even fully understand how it works, there is no doubt that you have heard of cryptocurrency. Since the launch of Bitcoin (BTC), the…
Reading Time: 4 minutes It has been pointed out that according to recently released data, the Government of Jamaica was due to make good on a J$16 billion debt repayment due by the end…
Reading Time: 4 minutes LONDON (Reuters) The International Monetary Fund (IMF) openly criticised Britain’s new economic strategy on Tuesday (September 27), following another slide in bond markets that forced the Bank of England to…
Reading Time: 3 minutes The JMMB Group, during its annual general meeting, announced the roll-out of new payment solutions that are designed to meet the needs of key client segments including the ‘underbanked’ or…
Reading Time: 2 minutes Durrant Pate/Contributor Jamaican-listed transport provider Knutsford Express has ended its financial year out of the red, reversing the losses posted in 2021. For the financial year ended, May 31, 2022,…
Reading Time: 4 minutes Scotiabank continues to assist small- and medium-sized enterprise (SME) owners to transform and expand their businesses, through its annual Vision Achiever (SVA) programme. This year, Jesse’s Gifts & Décor, a…
Reading Time: 3 minutes Durrant Pate/Contributor Jamaican renewable energy firm Wigton Windfarm is projecting interest savings of J$682.4 million from restating its A, B and C bonds to benefit from reduced finance expenses over…