Latest News

Consumer Prices Rose 0.5% in July Published: 25 September 2012

Consumer Prices rose 0.5% in July according to data released from the Statistical Institute of Jamaica. This follows a 0.3% decline in the index in the previous month. The increase in consumer prices was attributed to higher Food prices as the ‘Food and Non-Alcoholic Beverages’ division rose 1.6%.

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Year to July Fiscal Deficit Better than Budget Published: 25 September 2012

Provisional data for July indicate that the Central Government exceeded its fiscal deficit target by $2,380.7Mn, with an outturn of $9,463.0Mn versus the budget of $11,843.7Mn. While the revenue outturn compared favorably to budget, it was the significant shortfall in expenditure which tempered the deterioration in the fiscal account.

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GHL to Acquire Globe Insurance from Lascelles Published: 13 September 2012

On September 11, 2012, Guardian Holdings Limited (GHL), in a joint statement with Lascelles deMercado & Co. Limited (LAS), announced the acquisition by GHL of 100% of the issued share capital of Globe Insurance Company of Jamaica Limited (Globe) from LAS, for a cash consideration of US$38 Million.

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RJR Appoints New General Manager for TVJ Published: 23 August 2012

Radio Jamaica Limited has advised that Mrs. Claire Grant has been appointed General Manager of Television Jamaica effective September 1, 2012.

SVL to Pay $0.08 Dividend Published: 30 July 2012

The Board of Directors of Supreme Ventures Limited has declared a dividend of $0.08 per ordinary share payable on August 30, 2012 to shareholders on record as at August 15, 2012. The ex-dividend date is August 13, 2012.