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3 07, 2018

Industrial producer prices up 0.8% in euro area

2018-07-03T16:07:43-05:00

July 03, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “In May 2018, compared with April 2018, industrial producer prices rose by 0.8% in the euro area (EA19) and by 1.0% in the EU28.” However, in April 2018 there was no price increase in the euro area

28 06, 2018

U.S. real GDP increases 2% for Q1 2018

2018-06-28T15:15:00-05:00

Real GDP grew for the first quarter of 2018 at an annual rate of 2% based on the third estimate by the Bureau of Economic Analysis. The fourth quarter of 2017 yielded an increase of 2.9% Established on more complete data, the general picture of economic growth remains the same. According to the Bureau, “Private

28 06, 2018

Gas Price Movement – June 28, 2018

2018-06-28T13:50:38-05:00

Date: June 28, 2018 Brent Oil Brent oil prices increased by 5.41% or US$3.97, as prices rose this week. Oil traded on June 28, 2018 at a price of $77.41 per barrel relative to US$73.44 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week,

28 06, 2018

Bank of Jamaica Lowers Policy Rate

2018-06-28T00:30:13-05:00

June 27, 2018 Bank of Jamaica announces its decision to lower the policy rate (the interest rate offered on overnight placements with Bank of Jamaica) by 50 basis points to 2.00 per cent, effective 28 June 2018. In March, April and May 2018, inflation fell below the lower end of the Bank’s inflation target of

27 06, 2018

SSL rescues C2W Music Limited

2018-06-27T20:18:16-05:00

Date: June 27, 2018 C2W Music Limited held its Extraordinary General Meeting (EGM) today June 27, 2018 at the Jamaica Stock Exchange Limited. The formal introduction of the speakers was given by Ms. Lamar Harris, CEO of Stocks and Securities Limited (SSL). She noted that, ‘During the Annual General Meeting of C2W, the company initiated

27 06, 2018

U.S. jobless rates down for May

2018-06-27T14:44:20-05:00

June 27, 2018 Unemployment rates trended downwards for the month of May in 350 of the 388 metropolitan states compared to a year earlier. According to the Bureau of Labor Statistics, this was, “higher in 20 areas and unchaged in 18 areas”. Jobless rates lower than 3% were recorded in 96 areas, while 2 areas

27 06, 2018

JETCON seeks further growth from operational improvements

2018-06-27T00:10:20-05:00

Date: June 26, 2018 Jetcon Corporation Limited (JETCON) held its Annual General Meeting today June 26, 2018 at the Knutsford Court Hotel. Mr. Garth McKenzie, Chairman – Audit and Finance Committee began with opening remarks and a brief introduction of the board of directors. Jetcon Corporation Chairman, Mr. John Jackson, took the floor and showcased

25 06, 2018

DCOVE will go from “good” to “great” with profits

2018-06-25T22:19:40-05:00

Date: June 25, 2018 Dolphin Cove Limited (DCOVE) held its Annual General Meeting today June 25, 2018 at the Courtleigh Hotels & Suites. Hosted by Mr. Stafford Burrowes, the company’s Chairman, opened the proceedings by giving a brief overview of the 2017 financial year performance. For the financial year 2017 Mr. Burrowes stated that the

21 06, 2018

tTech looks for merger & acquisition opportunities while growing revenues outside of Jamaica

2018-06-21T22:19:49-05:00

Date: June 21, 2018  tTech Limited (ttech) held its annual general meeting today at the Knutsford Court Hotel. Opening remarks were made by Mr. Edward Alexander, tTech’s Chairman, where he acknowledged the management team and their efforts for another successful year. Attention was then given to Chief Financial Officer, Mr. Mr. Christopher Reckord, where he

21 06, 2018

JSE looks to list “other types of securities”

2018-06-21T21:52:26-05:00

Date: June 21, 2018 The Jamaica Stock Exchange Annual General meeting was held today, at its offices. The meeting commenced with opening remarks from the Deputy Chairman, Mr. Gary Peart where he welcomed everyone to the company’s 41st Annual General Meeting (AGM). Managing Director, Mrs. Marlene Street Forrest gave a synopsis of the highlights of

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