Wed, 09 Oct 2019 03:57:40 +0000 Enthusiastic about OWTU refinery acquisition

KELVIN SCOON THIS BOLD experiment that aims to “let those who labour hold the reins,” catapults little TT into the centre of what is perhaps the greatest economic debate of the 21st century – how to reform capitalism to remove or manage its intrinsic tendency to create unequal societies? It’s the central topic of all the debates governing economic policies and elections in major countries. It is the great divide between populists of the right and of the left; between the increasing wealth and power of the one percenters who own and control more than 40 per cent of the world’s wealth, and the dwindling economic status of the middle class and the poor, even in the rich countries of the North. It would be to our eternal credit if little TT could find a workable model for a more egalitarian economic system. We could accept that the world Marxist/communist/socialist experiment has largely failed. The two largest communist nations, the Soviet Union and China, have both abandoned the economic model of – “From each according to his

Read More
Mon, 07 Oct 2019 17:52:04 +0000 From highways to houses: Here are the key takeaways from budget 2020

Finance Minister Colm Imbert presented an over three-hour-long 2020 budget in Parliament today. A more thorough report of the presentation will be available online shortly and in tomorrow's paper. Here are some key takeaways from the presentation: MINIMUM WAGE INCREASE Government has increased the minimum wage from $15 per hour to $17.50 cents per hour. This will benefit approximately 194,000 people in the workforce. It will come into effect in December 2019. [caption id="attachment_779009" align="alignnone" width="1024"] TT $50 notes. FILE PHOTO[/caption] HIGHWAY PROJECTS CONTINUE Imbert said the Solomon Hochoy Highway extension from San Fernando to Point Fortin is scheduled to be completed by the end of 2020. Additionally, by the end of October 2020, the Mosquito Creek elevated roadway is expected to be complete. The Curepe Interchange project is estimated to be completed in March 2020.  [caption id="attachment_789752" align="alignnone" width="1024"]

Read More
Mon, 30 Sep 2019 22:58:33 +0000 Sagicor Group Jamaica Limited (SJ) – Considers Dividend

Sagicor Group Jamaica Limited (SJ) has advised that the Board of Directors of the Company will convene a meeting to consider and recommend a dividend on Thursday, October 17, 2019.   The post Sagicor Group Jamaica Limited (SJ) – Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Mon, 30 Sep 2019 13:37:48 +0000 Barrise Griffin is first Bahamian to be awarded Butterfield International Scholarship

Barrise Griffin is the first Bahamian to receive a prestigious Butterfield Scholarship. Griffin, 24, has commenced studies at King’s College, University of London, United Kingdom, having been awarded the Butterfield Post-Graduate Scholarship, which is available to students in all 10 Butterfield jurisdictions globally who are studying disciplines related to the preservation and improvement of island environments at accredited institutions. BUTTERFIELD BANK Barrise Griffin’s pursuit of a Master’s degree in disaster

Read More
Tue, 24 Sep 2019 23:13:03 +0000 Sagicor Group Jamaica Limited (SJ) – Sagicor Select Funds Limited

Sagicor Group Jamaica Limited (SJ) has that the Board of Directors of Sagicor Select Funds Limited (SELECTF) will convene a meeting to consider and recommend a dividend on Monday, October 14, 2019. The post Sagicor Group Jamaica Limited (SJ) – Sagicor Select Funds Limited appeared first on Jamaica Stock Exchange.

Read More
Mon, 23 Sep 2019 10:00:52 +0000 AXIS Capital Declares $0.40 Quarterly Dividends

Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share. The common dividend will be payable on October 15, 2019, to shareholders of record at the close of business on October 3, 2019. In addition, the Board declared a dividend of $0.34375 per […](Click to read the full article)

Read More
Sat, 21 Sep 2019 00:29:34 +0000 Jamaica Broilers Group Limited (JBG) Declares Dividend

Jamaica Broilers Group Limited (JBG) has advised that at a Board Meeting held on September 18, 2019, an interim dividend was declared. The dividend will be nineteen cents ($0.19) per share unit. Based on the 1,199,275,381 issued share units of the Company, the total amount of the proposed dividend will be $227,862,322.39. The record date […] The post Jamaica Broilers Group Limited (JBG) Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Tue, 17 Sep 2019 14:19:40 +0000 Fontana Limited (FTNA) – Dividend Consideration

Fontana Limited (FTNA) has advised that the payment of a dividend will be considered at the Board of Directors meeting to be held on Wednesday, September 25, 2019. The post Fontana Limited (FTNA) – Dividend Consideration appeared first on Jamaica Stock Exchange.

Read More
Sat, 14 Sep 2019 03:21:38 +0000 Scotiabank records $524m profit

SCOTIABANK TT Ltd has reported an after tax profit of $524 million for the nine month period ending 31 July, 2019.In a media release earlier in the week, the bank stated this represented an increase of $40 million or 8 per cent over the comparative period last year.“This increase is mainly due to increased income in our core banking segments, coupled with lower tax expense.”The bank noted this also highlighted its financial strength as its return on equity rose to 17.2 per cent with a return on assets to 2.9 per cent. (Return on equity is a measure of how well a company uses investments to generate earnings growth. While a return on assets is an indicator of how profitable a company is relative to its total assets.) The bank also stated that based on this performance, its Board of Directors has approved a 3rd quarter dividend of 50 cents per ordinary share which is payable on 15 October 2019 to listed shareholders. Managing director Stephen Bagnarol said: “We continue to grow our core operations, driven by good growth in our retail lending and commercial portfolios.” “Notwithstanding the challenging economic circumstances, loan losses on financial assets have declined by 1 per cent as we continue to exercise prudent risk management pra

Read More
Fri, 13 Sep 2019 21:12:37 +0000 Sygnus Credit Investments Limited (SCI) Declares Dividend

Sygnus Credit Investments Limited (SCI) has advised that at a meeting of the Board of Directors held on September 12, 2019, an interim dividend of US$0.00249 per share was declared.  The dividend payment will be made to all shareholders on record as at September 30, 2019 and will be paid on October 18, 2019. The ex-dividend […] The post Sygnus Credit Investments Limited (SCI) Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Thu, 12 Sep 2019 21:37:40 +0000 Scotia Group Jamaica Limited (SGJ) – Declares Dividend

Media Release – Scotia Group Jamaica Reports Third Quarter of Fiscal 2019 Results Scotia Group Jamaica Limited (SGJ) has advised that the Board of Directors approved an interim dividend of 51 cents and a special dividend of 74 cents per stock unit in respect of the third quarter, which is payable on October 23, 2019 to […] The post Scotia Group Jamaica Limited (SGJ) – Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Wed, 11 Sep 2019 21:26:03 +0000 Sygnus Credit Investments Limited (SCI) Considers Dividend

Sygnus Credit Investments Limited (SCI) has advised that a meeting of their Board of Directors is scheduled to be held on Thursday, September 12, 2019, at which the Board will consider, and if thought fit, recommend the payment of an interim dividend to shareholders. The post Sygnus Credit Investments Limited (SCI) Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Mon, 09 Sep 2019 14:30:58 +0000 Scotia Group Jamaica Limited (SGJ) – Considers Dividend

Scotia Group Jamaica Limited (SGJ) has advised that a dividend payment will be considered at SGJ’s Board of Directors meeting to be held on September 11, 2019.  The post Scotia Group Jamaica Limited (SGJ) – Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Thu, 05 Sep 2019 14:20:50 +0000 Jamaica Broilers Group Limited (JBG) Considers Dividend

Jamaica Broilers Group Limited (JBG) has advised that their Board of Directors at a meeting to be held on Wednesday, September 18, 2019, will consider the declaration of a dividend. The post Jamaica Broilers Group Limited (JBG) Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Wed, 04 Sep 2019 21:47:15 +0000 Caribbean Flavours and Fragrances Limited (CFF) Declares Dividend

Caribbean Flavours and Fragrances Limited (CFF) has advised that the Board of Directors of the Company met on September 1, 2019 and approved a dividend payment of $0.25 per share to shareholders on record on September 17, 2019. The payment will be made on September 24, 2019 and the ex-dividend date is September 16, 2019. […] The post Caribbean Flavours and Fragrances Limited (CFF) Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Fri, 30 Aug 2019 23:21:44 +0000 MPC Caribbean Clean Energy Limited (MPCCEL) – Declares Dividend

MPC Caribbean Clean Energy Limited (MPCCEL) has advised that on August 30, 2019, the Board of Directors of the Company declared an interim dividend of USD 8.9 cents per share (USD0.089). The dividend will be paid on September 27, 2019 to shareholders on record as at September 16, 2019. The ex-dividend date is September 13, 2019. The post MPC Caribbean Clean Energy Limited (MPCCEL) – Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Fri, 30 Aug 2019 23:15:00 +0000 1834 Investments Limited (1834) – Declares Dividend

1834 Investments Limited (1834) has declared an interim capital distribution of 8 cents per stock unit payable on October 4, 2019 to stockholders on record at the close of business on September 13, 2019. The ex-dividend date is September 12, 2019. The post 1834 Investments Limited (1834) – Declares Dividend appeared first on Jamaica Stock Exchange.

Read More
Tue, 27 Aug 2019 14:13:36 +0000 1834 Investments Limited (1834) Considers Dividend

1834 Investments Limited (1834) has advised that on Thursday, August 29, 2019, their Board of Directors will consider the payment of an interim dividend to shareholders. The post 1834 Investments Limited (1834) Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Sun, 25 Aug 2019 10:00:07 +0000 Athene Declares Q3 Preferred Stock Dividend

Athene Holding Ltd. announced that it has declared a dividend on its 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A [Preference Shares] in the amount of $485.07 per share [equivalent to $0.48507 per depositary share, each representing a 1/1,000th interest in a Preference Share], payable on September 30, 2019 to holders of record as […](Click to read the full article)

Read More
Sat, 24 Aug 2019 10:00:02 +0000 Everest Re Group Announces $1.40 Dividend

Bermuda-based Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.40 per share payable on or before September 18, 2019 to all shareholders of record as of September 4, 2019. Related Stories Addesso: “Exceptional Quarter” For Everest Everest Insurance Appoints New President Everest Insurance Launch Alternative Solution Everest Announces Opening […](Click to read the full article)

Read More
Fri, 23 Aug 2019 18:57:36 +0000 Poll: Citizens support corruption fight

THE public supports the police's efforts to crack down on politicians allegedly involved in corruption, the performance of Commissioner of Police Gary Griffith, the tax amnesty. In addition, the PNM remains on course to be re-elected in 2020. These were some of the findings in the latest North American Caribbean Teachers Association (NACTA) poll, which was released yesterday. The poll said although people are dissatisfied with Government's handling of crime and efforts to curb murders, there is a 59 per cent approval for Griffith's performance since he was appointed CoP last year. Citizens like his pro-active stance and being on the front line with his officers. They welcome that Griffith has taken responsibility for going after criminals. Citizens also overwhelmingly support the police crackdown on corruption, including the recent arrest of Port of Spain South MP Marlene McDonald on corruption charges. McDonald, her common-law husband Michael Carew, Edgar Zephyrine, Wayne Anthony and Victor McEachrane were arrested in an ongoing investigation into alleged corruption. They are scheduled to appear in court on September 9. "Respondents want the police to go after corrupt politicians regardless of party af

Read More
Thu, 22 Aug 2019 21:45:21 +0000 MPC Caribbean Clean Energy Limited (MPCCEL) Considers Dividend

MPC Caribbean Clean Energy Limited (MPCCEL) has advised that at a Board of Directors’ meeting scheduled to be held on August 30, 2019, an interim dividend payment will be considered. The post MPC Caribbean Clean Energy Limited (MPCCEL) Considers Dividend appeared first on Jamaica Stock Exchange.

Read More
Thu, 22 Aug 2019 21:41:41 +0000 Barita Investments Limited (BIL) Declares Dividend

Barita Investments Limited (BIL) has declared an interim dividend of $1.267 per stock unit payable on October 7, 2019, to shareholders on record at the close of business on September 19, 2019. The ex-dividend date is September 18, 2019. The post Barita Investments Limited (BIL) Declares Dividend appeared first on Jamaica Stock Exchange.

Read More