August 04, 2023 In July, total nonfarm payroll employment in the United States increased by 187,000, according to a report from the U.S. Bureau of Labor Statistics. The unemployment rate remained relatively stable at 3.5 percent. Job gains were observed in various sectors, including health care, social assistance, financial activities, and wholesale trade. The report
August 2, 2023 Regency Petroleum Limited (RPL) for the six-month ended June 30, 2023 reported a 9% increase in revenue, moving from $332.04 million in 2022 to $363.27 million for the period under review. For the second quarter revenue moved from $179.89 million in 2022 to $179.79 million for the period under review. RPL noted
July 31, 2023 LASCO Distributors Limited (LASD) for the first quarter ended June 30, 2023, reported a 17% increase in revenue totalling $7.31 billion compared to $6.26 billion in the corresponding three months last year. LASD noted “The Strategic Framework continues to be executed consistently and on an accelerated basis, with a clear focus on
July 27, 2023 The target range was raised by 25 basis points to 5.25% to 5.50% percent to address inflation and achieve maximum employment. Inflation remains high, which is a concern for the Committee. The overall goal is to return inflation to 2 percent while maintaining a sound and resilient banking system. Federal Reserve Dot
July 17, 2023 Sygnus Real Estate Finance Limited (SRFJMD) for the nine months ended May 31, 2023, reported an 18% decrease in Interest income, totaling $78.88 million compared to $96.10 million in the corresponding period last year. Interest income for the third quarter had a 77% decrease to close at $7.81 million compared to $33.64
July 13, 2023 The seasonally adjusted Producer Price Index (PPI) for final demand increased 0.1% in June 2023, according to the US Bureau of Labor Statistics (BLS). The final demand index increased 0.1% for the year ended June 2023 on an unadjusted basis; however, the final demand services index increased by 0.2 percent in June,
July 12, 2023 The U.S. Bureau of Labour Statistics (BLS) reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in June 2023, on a seasonally adjusted basis after rising 0.1% in May. The all-items index rose by 0.2% before seasonal adjustment over the last year. Over the past 12 months, the
July 10, 2023 BOJ has reported that Jamaica’s Net International Reserves as at June 30, 2023 stood at US$4,283.47 million, reflecting an increase of US$74.74 million when compared to the US$4,208.73 million reported at the end of May 2023. Foreign Assets totalled US$4,786.72 million, US$55.91 million more than the US$4,730.82 million reported in May 2023.
July 06, 2023 General Accident Insurance Co. Ja. Ltd. (GENAC) for the first quarter ended March 31, 2023, reported a 38% increase in insurance revenue totalling $2.89 billion compared to $2.10 billion in the corresponding three months last year. Insurance Service expenses amounted to $1.17 billion (2022: $1.01 billion), this represents an increase of 16%
