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22 02, 2019

BLS Occupational Survey in the United States – 2018

2019-02-22T16:56:21-05:00

Date: February 22, 2019 The Bureau of Labor Statistics (BLS) released their 2018 estimates surrounding occupational requirements in the United States. This survey consists of data across three samples over a three year period. The total sample included approximately 25,300 establishments and estimates represent about 140,800,000 civilian workers. Education, training, and experience requirements For 2018,

21 02, 2019

U.S. Gross Domestic Product by Industry: Third Quarter 2018

2019-02-22T15:29:21-05:00

Date: February 21, 2019 The leading contributors to the increase in U.S. economic growth in the third quarter of 2018 were Wholesale trade; information; and finance and insurance. According to The U.S. Bureau of Economic Analysis (BEA), “19 of 22 industry groups contributed to the overall 3.4 percent increase in real GDP in the third

21 02, 2019

Bank of Jamaica Quarterly Monetary Report- October-December 2018

2019-02-21T20:52:49-05:00

Date: February 21, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, commented on the Bank’s decision to lower the policy interest rate by 25 basis points to 1.50%. According to the Governor, “this policy decision reflects the Bank’s assessment that inflation will again

21 02, 2019

Trade in Shares: Berger Paints Jamaica Limited (BRG)

2019-02-21T20:13:17-05:00

Date: February 21, 2019 Berger Paints Jamaica Limited (BRG) has advised that the transaction to transfer 109,332,222 BRG shares from Lewis Berger (Overseas Holdings) Limited (LBOH) to ANSA Coatings International Limited (ACIL) was completed on February 19, 2019.

21 02, 2019

Dividend Declaration: Sygnus Credit Investments Limited (SCI)

2019-02-21T20:11:55-05:00

Date: February 21, 2019 Sygnus Credit Investments Limited (SCI) has advised that at a meeting of the Board of Directors held on February 20, 2019, an interim dividend of US$0.001735 per share was declared. The dividend payment will be made to all shareholders on record as at March 11, 2019 and will be paid on

21 02, 2019

Gas Price Movement- February 21, 2019

2019-02-21T20:09:59-05:00

Brent Oil Brent oil prices increased by 4.23% or US$2.72, as prices increased this week relative to the prior week. Oil traded on February 21, 2019 at a price of US$67.06 per barrel relative to US$64.34 on February 21, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices increased

20 02, 2019

BOJ lowers policy rate

2019-02-21T13:39:23-05:00

February 20, 2019   Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) by 25 basis points to 1.50 per cent. This decision reflects Bank of Jamaica’s forecast that inflation, which is currently below the target of 4.0 per cent to 6.0 per cent,

20 02, 2019

Reduction in cash reserve requirment

2019-02-20T23:02:35-05:00

February 20, 2019 Bank of Jamaica will reduce the cash reserve requirement by three percentage points to nine per cent effective 01 March 2019. The cash reserve requirement is the amount of money that deposit‐taking institutions are required to hold at Bank of Jamaica against prescribed liabilities. This is the first in a series of reductions that will

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