Fri | Apr 19, 2024

Stories by McPherse Thompson/ Assistant Editor - Business

Published:Sunday | February 3, 2019 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

The Bank of Jamaica (BOJ) has intervened in the foreign exchange market by selling US$50 million to authorized dealers and cambios to offset what it said was the effects of excessive daily volatility in recent weeks. That followed the continued...

Published:Friday | February 1, 2019 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

Kingston Freeport Terminal Limited, KFTL, a subsidiary of the French-based shipping company CMA CGM, said that on January 24 it recorded the best performance ever in the history of the port of Kingston in terms of container moves. Kingston Freeport...

Published:Tuesday | November 6, 2018 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

The Ministry of Finance and Planning has commissioned a study to assess competition in the space within which commercial banks operate in Jamaica with a view to identifying bottlenecks and impediments and to ensure a more competitive market.Among...

Published:Tuesday | October 9, 2018 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

Consumer confidence in the third quarter of 2018 was recorded at 172.6 points, up from 159.1 in the second quarter, the highest level since the survey began in 2001 and was largely attributed to their views of current and future job prospects....

Published:Tuesday | October 2, 2018 | 12:00 AMMcPherse Thompson/ Assistant Editor - Business

The plan to make the Financial Investigations Division (FID), which is currently part of the Ministry of Finance...

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