June 17, 2021 Kingston Wharves’ Chief Executive Officer, Mr. Mark Williams, highlighted the financial performance for FY2020. The Group recorded revenues of $7.14 billion for FY2020, 10% below the $7.90 billion booked in FY2019, but still above FY2018’s revenue. Of this, the Group’s Terminal Operations delivered revenues of $5.0 billion, accounting for 69% of the Group’s
June 17, 2021 Lasco Financial Services Limited (LASF), recorded trading income of $2.22 billion, this represents a reduction of 8% when compared to $2.40 billion posted at the end of 2020 while trading income for the fourth quarter amounted to $543.15 million (2020: $587.89 million). Other income decreased to $75.09 million versus $102.87 million in
June 17, 2021 Kindly click the link below to view Mayberry Investments Ltd.'s 2020 Annual Report MIL_Annual_Report_2020 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on
June 18, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 18, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 178,371,756 globally.
United States: Fed Officials Rattle Rate-Hike Saber as Price Pressures Surprise “Federal Reserve officials have said for months that price increases are temporary. On Wednesday, they weren’t so sure. “Is there a risk that inflation will be higher than we think? Yes,” Chair Jerome Powell told a press conference. He spoke after financial markets were
June 16, 2021 The Federal Reserve stated that it is committed to using its entire set of tools to assist the United States economy through this difficult period while supporting its maximum employment and price stability targets. Vaccination progress has slowed the spread of COVID-19 in the United States. Against the backdrop of this development
June 16, 2021 Consumer Price Index – May 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for May 2021 was 109.0 resulting in an inflation rate of 1.2%, when compared to the previous month’s deflation rate of 0.5%. STATIN noted that, “This upward movement was primarily as a result of
June 16, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 16, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 177,557,623 globally.
United States: Fed Debate Moves to Bond Taper and Liftoff: Decision-Day Guide “With inflation and economic growth accelerating this year, Federal Reserve Chair Jerome Powell and his colleagues may consider moving up a discussion on scaling back monetary stimulus and penciling in a first interest rate hike as soon as 2023. The Federal Open Market
June 15, 2021 Indies Pharma Jamaica Limited (INDIES), for the six months ended April 30, 2021, reported revenue of $424.25 million, 6% higher than the $400.96 million booked in 2020. For the second quarter, revenue closed at $200.72 million (2020: $207.24 million). Cost of sales, for the six months ended April 30, 2021, rose by
