Jamaica’s Net International Reserves (NIR) totaled US$3,208.29 million as at December 2017, reflecting an increase of US$92.07 million relative to the US$3,116.22 million reported as at the end of November 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$95.57 million to total US$3,781.17 million compared to the US$3,685.59
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, advised that the goods and services deficit for November 2017 was $50.5 billion compared to $48.9 billion, up $1.6 billion. November exports increased 4.4 billion to totaled $200.2 billion, while imports totaled $250.7 billion, $6.0 billion above October 2017
Europe: Euro-Area Jobless Rate Drops to Lowest Level in Almost 9 Years Joblessness in the euro area declined to the lowest level since early 2009 last month as the labor market continued to benefit from a resurgent economy growing the fastest in a decade. The unemployment rate dropped to 8.7 percent in November from 8.8
Daily Market Summary 08.1.18.pub 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 the contents of this information is strictly prohibited and may be unlawful. Mayberry may
NCB Financial Group Limited (NCBFG)has advised that its Annual General Meeting has been scheduled for 10:00 a.m. on Friday, January 26, 2018 at the Spanish Court Hotel, The Valencia T, 16 Worthington Avenue, Kingston 5.
Mayberry Investments Limited (MIL) has advised that Mr. Wayne Campbell has been appointed Financial Controller effective December 11, 2017.
Cable & Wireless Jamaica Limited (CWJ) has advised of a delay in the production of the Directors’ Circular and the substantial materials required to support it in the time allocated for delivery. In light of the foregoing, it will not be possible to issue the document within the prescribed time. It is expected that the
For the period of April 2017 to November 2017, the GOJ reported Total Revenues & Grants of $336.59 billion, $13.04 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 10.7% relative to the $304.10 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ’Capital Revenue’ and ‘Grants’
Europe: Euro-Area Economic Confidence Soars to Nearly Two-Decade High Confidence in the euro area continued its advance at the end of 2017, capping what was probably the strongest year for the economy in a decade. The European Commission’s measure of sentiment touched its highest since late 2000 in December. The reading of 116 was above
