Moody’s says Jamaica could be downgraded in three months

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Moody’s Investor Service on Tuesday followed Standard & Poors and placed Jamaica on its watch list for a downgrade in three months time, because of the impact of the ongoing global financial crisis on the local economy. This is althou

Moody’s Investor Service on Tuesday followed Standard & Poors and placed Jamaica on its watch list for a downgrade in three months time, because of the impact of the ongoing global financial crisis on the local economy. This is althou
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NCB Group nets $8.7 billion

 The Michael Lee-Chin-controlled National Commercial Bank Group Limited (NCB) generated net profits of $8.7 billion or $3.54 per share during the year ended September 30, 2008, despite the write-off $1.23 billion by NCB Capital Mark