Date: April 8, 2019 Net International Reserves- March 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,084.83 million as at March 2019, reflecting an increase of US$77.34 million relative to the US$3,007.49 million reported as at the end of February 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$68.34
Date: April 8, 2019 United States: ‘Moment of Truth’ Arrives for U.S. Stocks After Fed-Fueled Rally It’s “gut check” time for U.S. equity investors as the pivot from a Fed-fueled rally back to the foggy fundamentals looms, according to Morgan Stanley. “The moment of truth may be arriving with first-quarter earnings results,’’ Michael Wilson, the
Date: March 8, 2019 Net International Reserves- February 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,007.49 million as at February 2019, reflecting a decrease of US$23.46 million relative to the US$3,030.94 million reported as at the end of January 2019 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$24.49
Date: March 8, 2019 Jamaica Broilers Group (JBG) for the nine months ended January 31, 2019 reported total revenues of $40.27 billion, a 13% increase relative to $35.68 billion reported in for the comparable period in 2018. Revenue for the third quarter amounted to $14.55 billion, a 15% increase compared to $12.66 billion booked for the
Date: March 1, 2019 Sterling Investments Limited (SIL) for the year ended December 31, 2018 reported a 22% increase in total revenue to $110.44 million compared to $90.66 million recorded for the corresponding period in 2017, “reflecting increased foreign exchange earnings and trading gains” the Company noted. Of total revenue: Interest income closed the period
Date: February 28, 2019 tTech Limited (tTech) for the twelve months ended December 31, 2018; booked a 31% increase in revenues to $283.92 million compared to $217.25 million for the prior financial year. Cost of sales rose significantly by 125% to $63.09 million from the $28.08 million reported in December 2017. As such gross profit
Date: February 20, 2018 Caribbean Cement Company Limited (CCC) for the for the year ended December 31, 2018 reported total revenue for the year ended December 31, 2018 of $17.57 billion, a 6% or $1.06 billion increase when compared with the $16.51 billion reported in 2017. Total revenue for the quarter amounted to $4.33 billion reflecting
Date: February 18, 2019 Access Financial Services Limited (AFS) for the nine months ended December 31, 2018, reported total interest income of $1.24 billion, a 19% increase when compared with the $1.04 billion reported for the same time period in 2017. Of this, Interest Income from Loans amounted to $1.23 billion (2017: $1.03 billion) while Interest
Date: February 18, 2019 Consumer Price Index – January 2019 The consumer price index for the month of January 2019 recorded a negative inflation rate of 0.2%, following the 0.1% decline in its index for December 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of January fell
Date: February 15, 2019 In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2018,Revenues declined marginally by 0.3% from $53.91 million, to close the period at $53.73 million compared to the prior year. For the second quarter, the company also posted a
