UnsurprIsingly, Bank of Jamaica Governor Brian Wynter's Quarterly Monetary Policy press briefing last week Wednesday was still dominated by questions about the dollar, with the governor once again denying the “false message” that the Bank of Jamaica had been trying to manipulate the exchange rate to increase inflation. Instead, he
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The Financial Services Commission (FSC) - the government agency that regulates non-bank entities insurance, pension funds, and securities - is in the process of making important changes in the way it supervises the insurance sector. It is switching from solvency supervision to market-conduct supervision. Solvency regulation ensures, among other things,
Finance Minister Dr Nigel Clarke has expressed strong optimism about the Jamaican economy as he looks forward to structural changes anticipated in the country's energy sector. According to Clarke, there is a revolution taking place in the energy space that will have a profound impact on the economy. "There is
In this August 2018 photo, a dry cornfield is pictured in Ahlen, Germany. The German government said it is to compensate thousands of farmers whose harvests have suffered as a result of this year’s extreme drought, which many experts have linked to climate change. Over 17 years ago world leaders,
From left: Robert Montague, minister of transport and mining; Nigel Clarke, minister of finance and the public service; and Thomas Robb, chief strategy officer, New Day Aluminium Limited (NDAL), after the signing of the mining agreement between the Government of Jamaica and the NDAL. The Government on Thursday, September 6,
These little ones are all smiles as they pause for a Kodak moment with Wendy Wallace, insurance advisor, Sagicor Life Jamaica. SAGICOR Life Jamaica feted over 100 children in a back-to-school treat in Friendship Park, Trench Town, on Saturday, August 25. The fun-filled day saw children from the early childhood
Consultant urologist Dr Belinda Morrison (right) makes a point at a Jamaica Observer Press Club on Wednesday while executive director of the Jamaica Cancer Society Yulit Gordon looks on. THE Guardian Group Foundation has announced that it, along with the National Commercial Bank (NCB), will be donating $3 million to
Jamaican realtors, property developers and bankers selling mortgages are reporting more interest in investment property purchases, and a concurrent upswell in mid-income developments in Kingston that is partly a response to that demand. Devon Young, a developer who is finalising a new residential complex in Kingston called The Hamptons, financed
Niger President Mahamadou Issoufou, left, shakes hands with Chinese President Xi Jinping as they pose for photographs during the Forum on China-Africa Cooperation held at the Great Hall of the People in Beijing, Monday, September 3, 2018. (AP Photo/Andy Wong, Pool) Chinese President Xi Jinping on Monday pledged US$60 billion
