Date: October 02, 2019 SSL Venture Capital Jamaica, for the year ended June 30, 2019, reported revenues of $332.27 million versus $510,419 reported in the prior year. The Company noted that, “this level of revenue growth is expected to continue the upward trend for the foreseeable future as we strengthen the capacity of the business
October 10, 2019 Unemployment rates trended downward for the month of August in 224 of the 389 metropolitan states compared to a year earlier. According to Bureau Labor Statistics, this was “higher in 132 areas, and unchanged in 33 areas.” Jobless rates lower than 3% were recorded in 82 areas while 2 areas posted rates
September 30, 2019 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. The decision to hold the policy rate unchanged is based on the Bank’s current assessment that monetary conditions are generally appropriate to
Date: September 30, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 30.09.19 ECL The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on
September 30, 2019 Overview Jamaica has made material progress in achieving macroeconomic stability and strengthening of its external position, improving its ability to withstand external shocks. As a result, we are raising our long-term foreign and local currency sovereign credit ratings on Jamaica to 'B+' from 'B' and affirming our short-term foreign and local
September 26, 2019 Real gross domestic product (GDP) grew for the second quarter of 2019 at an annual rate of 2.0%, based on the "third" estimate released by the Bureau of Economic Analysis (BEA). The first quarter of 2019 real GDP yielded an increase of 3.1%. According to BEA, the third estimate, released today, is
Date: September 25, 2019 In the second quarter 2019, state personal income rose 5.4% at an annual rate relative to a 6.2% increase in the first quarter according to estimates released by Bureau of Economic Analysis (BEA). The BEA also noted, “the percent change in personal income across all states ranged from 7.5% in Texas
Date: September 20, 2019 Please see attached Monthly Economic Review. Monthly Economic Review - August 2019 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents
September 20, 2019 The IMF team congratulates Jamaica for the successful completion of the country’s economic reform program supported by the IMF’s Stand-By Arrangement. The authorities’ exemplary program implementation has resulted in a stronger economy with significant reduction in vulnerabilities, and increased job creation. Broad-based ownership across stakeholders and the continued commitment to public
Date: September 19, 2019 The U.S. current account deficit in the second quarter of 2019, decreased by $8.0 billion, or 5.9%, to $128.2 billion from the revised first quarter deficit of $136.2 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries.
