Brady promoted - New boss being sought for FirstCaribbean Jamaica
Milton Brady, the CEO of FirstCaribbean International Bank's subsidiary in Jamaica, has been promoted to be group managing director for corporate investment banking across the Caribbean and is to join a new eight-member executive management committee...
The finance ministry as an overachieving underperformer - Borrowings balloon, but taxes off track
The Finance ministry has overshot its borrowing target by more than $20 billion within the first six months of the fiscal year, even as taxes continue to underperform in an economy showing signs of dampened consumerism while the cost of doing business expands...
NCB grows profit to $8.7 billion - Despite write-down of $1.2b by subsidiary
National Commercial Bank (NCB) Jamaica Limited has reported a strong year-end performance, chalking up a 32 per cent increase in profits, in the face of a challenging financial environment that company executives say is likely to remain within the short to medium term...
Bank profits spur JSE - Barbados, Trinidad still in decline
On a day when National Commercial Bank (NCB) reported its biggest profit, notwithstanding a large write-down by its wealth management arm, trading on the Jamaica Stock Exchange soared by 1,366 points or 1.5 per cent....
The changing face of mobile - Digicel rolls out US$10m store upgrade, two others rebrand
TWO OF Jamaica's largest telecommunications companies have rebranded, one to take advantage of a name that is a giant mobile phone provider in this hemisphere, the other to distance itself from its history in search of a new beginning. The third, and by far the most dominant...
Davis, Tyndall to avoid 'conflicting' jobs
Former Cabinet Secretary Dr Carlton Davis and his partner Shirley Tyndall launched their new consultancy Monday with what appears to be a promise to be circumspect with their knowledge of Government's inner workings to which they were privy over decades...
Global crisis triggers panic selling on TT Stock Exchange
THE GLOBAL financial instability is creating panic selling by stock market investors in Trinidad and Tobago. West Indies Stockbrokers Limited (WISE) says the "strong signs of panic selling" is an indication that investors are trying to mitigate risks to their portfolios...
Immigrants a headache for Barbados, says diplomat
Regional immigrants to Barbados are proving to be a burden on the tiny island's social services, according to one diplomat quoted in a local newspaper.Barbados' ambassador to CARICOM, Denis Kellman, was quoted by the Sunday Sun as saying he believed...
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