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Business

JNBS realises a net surplus of over $1 billion

THE JAMAICA National Building Society (JNBS) group reported yesterday that it had a successful financial year, producing a net surplus before tax of just over $1 billion, spurred in part by some level of stability in the island's economy.

JIDC raises the limit on deposit insurance

INSURANCE CO VERAGE on individual accounts in deposit-taking institutions licensed by the Bank of Jamaica (BoJ) have been increased to a maximum of $300,000, as of July 1, in keeping with a directive announced by Finance and Planning Minister Dr. Omar...

Call to investigate declining crop production

CO-CHAIRMAN OF the agriculture committee of the Jamaica Chamber of Commerce (JCC), Mark Brooks, has called for an official investigation, to be spearheaded by international scientists, to determine the cause of Jamaica's declining crop production.

Grace, Kennedy performs well on Carib stock exchanges

GRACE, Kennedy's stocks are performing well on the three Caribbean stock exchanges on which it is listed, according to the company's Finance Director, Don Wehby. He reported that on the Trinidad & Tobago Stock Exchange, the Grace stock which was...

Development of Port Antonio Harbour to start this month

PORT ANTONIO: WORK ON the Port Antonio West Harbour Development Project is to begin this month.













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