December 9, 2024 Net International Reserves – November 2024 BOJ has reported that Jamaica's Net International Reserves as at November 30, 2024 stood at US$5,408.51 million, reflecting a decrease of US$187.03 million when compared to the US$5,595.55 million reported at the end of October 2024. Foreign Assets totalled US$5,475.56 million, US$187.94 million less than the
December 6, 2024 The National Commission on Minimum Wages (CONASAMI) has approved a 12% increase to the general minimum wage, raising it from MX$248.93 to MX$278.80 per day starting January 1, 2025. This unanimous decision by representatives from business, labor unions, and the government on December 3 signals a broad agreement on addressing wage growth
December 4, 2024 Remittances to Mexico decreased by 1.6% year-over-year in October 2024, marking the second consecutive month of declines, according to data from Mexico’s Central Bank (Banxico). This follows a 4.6% drop in September, making it the first two-month streak of negative growth since June 2013. In October, Mexican nationals abroad sent US$5.72 billion
December 03, 2024 The World Bank announced that developing countries spent a record $1.4 trillion servicing their foreign debts in 2023, as interest costs climbed to a 20-year high. This surge in costs has squeezed budgets for essential services, including healthcare, education, and environmental protection. According to the bank's latest International Debt Report, total foreign
December 3, 2024 Government Operations Results for October 2024 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
December 02, 2024 Weekly Picks 02.12.2024 PJAM Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation
December 02, 2024 Salada Foods Jamaica Ltd. (SALF) Audited financials for the twelve months ended September 30, 2024: Salada Foods Jamaica Ltd. (SALF) for the twelve months ended September 30, 2024, reported a 6% increase in Revenue totaling $1.48 billion compared to $1.40 billion in the corresponding period last year. Revenue for the fourth quarter
December 02, 2024 Honey Bun Limited (HONBUN) Audited financials for the twelve months ended September 30, 2024: Honey Bun Limited (HONBUN) for the twelve months ended September 30, 2024, reported a 13% increase in Revenue totaling $3.84 billion compared to $3.41 billion in the corresponding period last year. Revenue for the fourth quarter had a
November 28, 2024 AMG Packaging & Paper Company Limited (AMG) Audited financials for the year ended August 31, 2024: AMG Packaging & Paper Company Limited (AMG) for the twelve months ended August 31, 2024, reported a 1% decrease in Revenue totalling $999.65 million compared to $1.01 billion in the corresponding period last year. Revenue for
November 27, 2024 Massy Holdings Limited (MASSY) Audited financials for the year ended September 30, 2024: Massy Holdings Limited (MASSY) for the year ended September 30, 2024, reported an 11% increase in Revenue totaling TT$15.72 billion compared to TT$14.20 billion in the corresponding period last year. Revenue for the fourth quarter had a 5% increase
