Co-chair of the Public Sector Transformation Oversight Committee Danny Roberts is arguing that the focus on reducing the ratio of wages paid to public sector workers to nine per cent of Gross Domestic Product (GDP) is not likely to engender the kind of enthusiasm, commitment and focus among workers that

QUESTION: I am wondering how to transfer my mother's house to her daughter's name. My mother and father had a joint house title, but my father has died. My mother is in her 80s with some form of dementia. My father did not make a will and she has not

NCB Financial Group has been solidly ensconced at the top of Jamaica's commercial banking market for several years, but having just hit another profit milestone and with nearly $980 billion in assets, its managers believe they are well placed to dominate the region. In fact, NCB already claims the title

Finance Minister Dr. Nigel Clarke says the government will be making policy changes aimed at strengthening Jamaica's response to natural disasters. This will facilitate the availability of dedicated resources for recovery. Dr. Clarke explained that this will help maintain fiscal stability when a natural disaster occurs. "There is a

Jamaica came in for more praise from the International Monetary Fund (IMF) in its forth review under the Stand-By Arrangment on Wednesday. Jamaica's “impressive performance continues”, noted Uma Ramakrishnan IMF mission chief for Jamaica, via teleconference at the IMF offices at the Bank of Jamaica in downtown Kingston on Wednesday.

More than half the foreign interest in regional real estate, whether to buy or lease, emanates from the United States, a new study has found. The report also ranks Jamaica as the third most sought after market in Latin America and the Caribbean. Foreigners are willing to spend US$200,000 to

NCB Financial Group, the parent company of Jamaica's largest bank, National Commercial Bank, reported annual profit of $28.6 billion on Thursday, a new record for the bank. Earnings rose 50 per cent relative to last year’s profit of $19.1 billion at the bank primarily owned and chaired by Michael Lee-Chin

The project to create a social stock exchange in Jamaica will be executed in two phases, the second of which requires the passage of legislation. That, however, will not stall the launch of the project in January when the first component - the Jamaica Social Investment Exchange, or JSIX -

Real estate assets account for less than five per cent of pension fund portfolios, despite a vibrant property market. It's likely, says CEO of VM Pensions Management Limited Rezworth Burchenson, that fund managers are losing out on bigger returns from real estate and other asset classes that are outperforming the

The International Monetary Fund (IMF), is again pointing out that despite positive economic trends, economic growth in Jamaica remains subdued. The IMF Executive Board highlighted the problem in its fourth review under the stand-by arrangement for Jamaica. The Fund is recommending supply-side reforms to facilitate private sector investment which are