January 31, 2020 For three months ended December 31, 2019, NCB Financial Group Limited (NCBFG) net interest income increased by 41%, relative to 2018, to total $13.92 billion (2018: $9.85 billion). NCB noted, “The core performance of the Group has improved and was strengthened by the consolidation of Guardian Holdings Limited (GHL). This was demonstrated
January 30, 2020 For the first quarter ended December 31, 2019, Barita Investments Limited (BIL) net interest income rose by 69% amounting to $208.62 million relative to $123.61 million for the comparable quarter in 2018. “This increase was driven by continued increase in our balance sheet assets due to the continued deployment of the capital
January 29, 2020 Based on the latest information received by the Federal Open Market Committee (FOMC) since the last meeting in December 2019, the FOMC has noted that economic activity continues to rise at a moderate rate and labour market remains strong. In the recent months, the unemployment rate has remained low, while job
January 29, 2020 Gross job gains from opening and expanding private-sector, from March 2019 to June 2019 , amounted to an increase of 230,000 jobs from the previous quarter to 7.6 million according to the Bureau of Labour Statistics (BLS). It was also noted that gross job losses from closing and contracting private-sector establishments booked
January 28, 2020 In the third quarter of 2019, the euro area’s real household income per capita rose by 0.4%, following an increase of 0.3% in the prior quarter. Whereas, household real consumption per capita rose by 0.4% in the third quarter, after a rise by 0.1% in the second quarter of 2019. The EU28
January 27, 2020 During the period January to October 2019 the Jamaica’s imports amounted US$5,351.5 million increasing by 4.7% relative to US$5,111.50 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,369.3 million for the period under review, a decline of
January 24, 2020 Eleven states posted lower unemployment rates in December, while four states recorded higher rates for the same month. Unemployment rates remained stable in thirty-five states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were eight states with jobless rate decreases, one
January 22, 2020 Total employed labour force increased by 29,200, in October 2019 compared to October 2018, with the unemployment rate amounting to 7.2% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,200 increase in the labour force, employment of males rose by 10,600 to 682,800, while for females an increase of
January 21, 2020 According to Eurostat, “In the third quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.7% in the euro area (EA19), compared with 0.7% in the second quarter of 2019. ” Also, the deficit to GDP was 0.9% in the EU28, relative to a similar 0.9% in
January 20, 2020 Seasonally adjusted production in construction rose by 0.7% in the euro area (EA19) and increased by 1.1% in the EU28 for November compared with October 2019. According to Eurostat’s first estimates stated in October 2019, “production in construction fell by 0.5% in the euro area and by 0.4% in the EU28.” Whereas,
