PIOJ director James Stewart, PIOJ Director General Dr Wayne Henry and PIOJ Programme Director Elizabeth Emanuel at the organisation's headquarters in New Kingston yesterday. (Photos: Bryan Cummings) The Planning Institute of Jamaica (PIOJ) has projected growth in the Jamaican economy for financial year 2017/18 in the range of 0.5 per
The bulk of the Jamaican economy is not engaged in earning foreign exchange, and this imbalance perhaps places some strain on our ability to consistently earn enough to “pay our way” as a country. To become a strong economy driven and sustained by hard currency earnings, either existing exporters need
Question: My Nissan motor car was involved in an accident late last year. Another car ran into its back. The estimated cost of repair is $600,000. I have several problems. The other vehicle is company-owned. The accident has not been reported to the other insurer as yet. Secondly, my insurer
The Financial Services Commission (FSC) regulator of the securities market, says Sagicor Investments Jamaica Limited continues to lead the unit trust market, with nearly half of the assets under management. In the span of one year, unit trusts and mutual funds, which are classified as collective investment schemes, climbed in
When you hear the term “financial stability,” words like freedom, retirement and security may readily come to mind. We usually think of financial stability as a synonym or prerequisite for financial independence. When the Bank of Jamaica (BOJ) refers to financial stability, however, it is referring to financial system stability.
Contrinute Natalie Powell, branch manager, Sagicor Bank, May Pen, puts a smile on this little one’s face during the Sagicor Foundation back-to-school health tour held at AME Basic School in Portland Cottage Clarendon, recently. The tour provided free vision, audio and oxygen saturation tests to all students from its three
Jamaican scientist Dr Henry Lowe, known worldwide for his cancer research and development of nutraceuticals from Jamaican plants, including cannabis, says he intends to list his company, Medicanja Ltd, on the Jamaica Stock Exchange (JSE) within weeks. “Most Jamaicans would like to get involved in the medicinal cannabis industry but
KINGSTON, Jamaica — The new Road Traffic Bill was passed with 131 amendments in the Lower House of Parliament today. The Road Traffic Bill, 2016 will replace the current Road Traffic Act of 1938, sections of which have become outdated due to the technological developments in motor vehicle and road
NCB Financial Group, led by Patrick Hylton, has extended its offer for Guardian Holdings shares by another three weeks, but says the offer is already oversubscribed. The transaction still requires approval from the Central Bank of Trinidad & Tobago, NCB said in a market filing. The Jamaican bank, which is
Over the last four months, the Jamaican-to-US dollar exchange rate has appreciated by approximately 4 per cent, and is now at approximately j$125 to US$1, indicating that a new exchange rate landscape might be on the horizon. The University of the West Indies (UWI) Department of Economics wants to unravel
