Date: October 03, 2019 For the period of April to August 2019, the GOJ reported Total Revenues & Grants of $250.63 billion, $4.69 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 9% relative to the $229.97 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
October 3, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised that Miss Cecile Watson has resigned from the Board of Directors of the Company effective September 27, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby
October 3, 2019 Fontana Limited (FTNA) has advised of the postponement of a meeting of the Board of Directors of the Company. The meeting, at which an interim dividend payment would have been considered, was initially scheduled to be held on Wednesday, September 25, 2019. FTNA has further advised that a new date for the
October 3, 2019 According the Statistical Institute of Jamaica (STATIN), “the Jamaican economy grew by 1.3% for the second quarter of 2019 when compared to the similar quarter of 2018.” This was attributable to growth in both the Goods Producing Industries of 0.6% and the Services Industries of 1.6%. The Goods Producing Industries growth was
Brent Oil Brent oil prices decreased by 8.64% or US$5.42, as prices decreased this week relative to the prior week. Oil traded on October 03, 2019 at a price of US$57.32 per barrel relative to US$62.74 on September 26, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased
United States: U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months “The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. But for the September jobs report due Friday, Wall Street economists
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 2, 2019 Jamaica Producers Group Limited (JP) has advised that on September 30, 2019, a Director sold 1,000,000 JP shares and a connected party purchased 1,000,000 JP shares. Company Disclosure -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
October 2, 2019 NCB Financial Group Limited (NCBFG) has advised that the Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the regional scale issuer Ratings of NCBFG to CariA+ (Local Currency) and CariA (Foreign Currency) and reaffirmed the Jamaican national scale rating of jmAAA (Local Currency) and jmAA+ (Foreign Currency). Company Disclosure -The information
October 2, 2019 Victoria Mutual Investments Limited (VMIL) has advised that the Board of Directors has appointed Mr. Vikram Dhiman to serve as Director of the Company effective October 4, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are